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Monte Sereno Real Estate Trends

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 Monte Sereno is part of MLS Marketing Area 16 and shares zip code 95030 with portions of Los Gatos, CA.  The graph above shows trends in available inventory, pending and closed transactions through January 2009.

There are currently 27 available properties (as of 2/23/09), ranging in price from $1.23 million to $5.998 million.  They have been on the market an average of 137 days continuously, although there is quite a bit of variability.  Click>here for the detail.

The average home size is 4,037 sf on a 34,258 sf lot with an average price of just over $3 million.

The most expensive homes over $3 million are all new construction (8 total), with three exceptions (Karl, Whitey and Grandview).