Robert Whitelaw, Real Estate Broker - Morgan Hill, Los Gatos, Almaden, Blossom Valley, Gilroy - Saratoga - July 2008

Saratoga - July 2008 - Real Estate Market Analysis

Sunday, 31 August 2008

Saratogas market continues to show signs of slowing. Inventory is up, sales are down. While average sales price remains healthy and days on market are still reasonable, if inventory continues to rise while sales drop, price will eventually have to come down to equalize the market again. Read on for all the details.

Summary Of Comparable Properties
Single Family Residential

Address	City	Beds	Bath	DOM	CDOM	LOE	SqFt	$/SqFt	Lot(SqFt)	List Price	Age	Sale Price

SOLD
18718 Austin Wy	Saratoga	6+	4+	60	60	49	7,227	$864.81	91,911	$6,800,000		$6,250,000
14310 Lutheria Wy	Saratoga	4	3 1/2	25	25	45	5,300	$867.92	33,930	$4,900,000	69	$4,600,000
19160 Crisp Av	Saratoga	5	4+	80	80	40	5,509	$676.17	42,253	$3,998,000	15	$3,725,000
13566 Deer Trail Ct	Saratoga	4	4+	1	1	15	4,507	$665.63	45,738	$3,088,000	12	$3,000,000
21079 Michaels Dr	Saratoga	5	4+	128	128	111	4,015	$533	43,560	$2,350,000	35	$2,140,000
20345 Williams Av	Saratoga	5	4+	54	54	27	3,332	$621.25	8,276	$2,095,000	7	$2,070,000
13852 Trinity Av	Saratoga	5	3 1/2	37	37	27	3,300	$598.48	12,696	$1,999,500	45	$1,975,000
20561 Lomita Av	Saratoga	5	2 1/2	10	10	35	2,639	$738.92	14,750	$1,950,000	45	$1,950,000
14221 Juniper Ln	Saratoga	4	3	8	8	29	2,206	$861.29	20,868	$1,848,000	46	$1,900,000
13550 Beaumont Av	Saratoga	3	2 1/2	3	3	29	2,217	$789.35	15,108	$1,595,000	52	$1,750,000
20773 Hillmoor Dr	Saratoga	4	3	14	14	31	2,716	$644.33	12,480	$1,488,888	36	$1,750,000
13247 Glen Brae Dr	Saratoga	4	2 1/2	15	15	41	2,475	$698.99	11,761	$1,850,000	44	$1,730,000
13088 Montrose St	Saratoga	4	3	60	616	13	2,800	$598.21	10,000	$1,795,000		$1,675,000
19524 Via Monte Dr	Saratoga	4	2 1/2	9	9	35	2,180	$741.74	13,800	$1,750,000	45	$1,617,000
16370 Sanborn Rd	Saratoga	4	4+	36	36	29	3,400	$470.25	114,127	$1,650,000	21	$1,598,850
19222 Dehavilland Dr	Saratoga	4	2	11	11	19	2,321	$687.2	16,254	$1,595,000	44	$1,595,000
15560 On Orbit Dr	Saratoga	4	3 1/2	17	218	41	3,831	$391.54	385,941	$1,499,000	29	$1,500,000
13888 Lynde Av	Saratoga	3	2	40	40	51	1,670	$877.25	11,200	$1,520,000	46	$1,465,000
12492 Saratoga Creek Dr	Saratoga	4	2 1/2	17	17	24	2,320	$600.43	11,390	$1,400,000	50	$1,393,000
19013 Brookhaven Dr	Saratoga	3	2	3	3	26	1,696	$683.96	10,125	$1,125,000	54	$1,160,000
12511 Saratoga Av	Saratoga	3	3	112	112	49	2,567	$397.35	11,132	$1,049,000	50	$1,020,000
18465 Mccoy Av	Saratoga	4	2	19	19	30	1,889	$476.97	8,040	$895,000	52	$901,000
18384 Swarthmore Dr	Saratoga	3	2	80	80	22	1,400	$639.29	8,040	$925,000	52	$895,000

AVERAGE VALUES				36	69	36	3,109	$657.58	41,451	$2,137,626	40	$2,072,167


AVERAGE VALUES FOR ALL				36	69	36	3,109	$657.58	41,451	$2,137,626	40	$2,072,167