Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Monte Sereno, California

Monte Sereno Area Profile

Demographics:

  • Population: 3,508
  • Median Age: 50.5
  • households: 1,297
  • Median household Income: $193,482
  • Mean Property Value: $2M

Business

  • Employees: 1,530
  • Top 3 professions: Management; Sales; Health Practicioners
  • Top 3 industries by # of employees: Healthcare and Social Assistance; Manufacturing; Professional, Scientific, and Tech
  • Average Commute: 20.6 Minutes

City Government

The town of Monte Sereno is governed by a city council comprised of 5 members elected to 4-year terms. The Council selects the Mayor from within its ranks. The government itself is managed by a City Manager.

City Website

Welcome to Monte Sereno

Things to Do in and around Monte Sereno

GOLF:

Boating:

Other:

Hiking:

Parks and Rec:

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Cycling

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Mountain Biking

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Theater, Concerts, and Museums

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in the Monte Sereno area

Places to Eat:

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Places to Shop:

  • Westgate Center – 1600 Saratoga Ave, San Jose
  • Quito Village – 18764 Cox Ave, Saratoga
  • El Paseo de Saratoga – 1000 El Paseo de Saratoga, San Jose
  • Old Town Saratoga

Education Opportunities in Monte Sereno

K-12 Schools Serving Berryessa

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

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Monte Sereno Real Estate Market

Monte Sereno Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales in Monte Sereno in the past 12 months. So far this year, average home prices have risen about 29% and more than 42% year-over-year. 

Monte Sereno real estate trends: number of sales by price range over the past 12 months

This histogram shows the number of homes sold in each price category for Monte Sereno over the past 12 months. Here we see the largest number of sames was in the $3,000,000 to $5,000,000 range.

Monte Sereno Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. 

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home.

Since Monte Sereno is composed primarily of luxury homes, the average time on market is longer than most of the Silicon Valley. This seems contradictory when looking at the $3,000,000-$5,000,000 price band. However, those sales fall into two categories – those that sold in 28 days or less and those that sold in 72 days.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%. However, high-end properties that are priced right tend to sell near list.

Monte Sereno Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

The photos below show the lowest and highest sale price homes in Monte Sereno so far in 2017.

Monte Sereno Low and High Price Home Sales in the past 12 months:

This 1,181sf 2br/2ba Monte Sereno home sold for $1,675,000 in October, 2017.

This 6,294 sf 5br/7ba Monte Sereno home on 2.259 acres sold for $6,500,000 in October, 2017

Monte Sereno Smallest and Largest Lot Home Sales in the past 12 months:

This 2,520 sf 4br/3ba Monte Sereno home on 0.163 acres sold for $1,890,000 in May 2017.

This 6,294 sf 5br/7ba Monte Sereno home on 2.259 acres sold for $6,500,000 in October, 2017

Help me with Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.