Monte Sereno Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Monte Sereno Market Snapshot

Monte Sereno is a balanced market, but competition has been picking up. Here's where things stand:

Based on 13 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$4.30M
Up 6.9% from July 2025
Up $278K from July 2025
Homes Sold
13
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$26,870/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$22,209
  • Property Tax$4,477
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
33 days
11 fewer days than in July 2025
Buyers have time to decide
Sale-to-List Ratio
101.6%
Up from 101.1% in July 2025
Selling at or near asking price
% Sold Over Asking
54%
More than half of homes sold above their asking price
Active Listings
3
Down 46.7% from July 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Monte Sereno.

Median Sale Price
Up 6.9% year-over-year in Monte Sereno. Based on 13 sales in the last 3 months.
Homes Sold
44% more homes sold than a year ago in Monte Sereno.
Total Monthly Payment
Estimated monthly cost is up 6% from a year ago in Monte Sereno, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Monte Sereno housing market trends, 2021–2026

September 2021 median
$3.50M
$11,820/mo at 3.0%
Peak (December 2024)
$5.97M
July 2026 median
$4.30M
$22,095/mo at 6.7%

The median sale price in Monte Sereno is $4.30M — up 23% from $3.50M in September 2021. Over that stretch, the median peaked at $5.97M in December 2024 and bottomed at $3.00M in April 2023. That's right in line with the area's 5-year average of $4.29M. Monte Sereno averages only about 3 sales a month, so these swings partly reflect which specific homes happened to sell — treat the long-run direction as rough, not precise.

What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $22,095 today, up 87% from $11,820 in September 2021. Most of that increase comes from mortgage rates (3.0% then vs. 6.7% now), not prices — at September 2021 rates, today's median would run about $14,514/mo.

Seasonally, the three months ending in June have been the busiest stretch for closings in Monte Sereno over the past 5 years (about 13 sales in that window on average, vs. 6 for the stretch ending in February), while competition has run hottest in the stretch ending in May (61% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.

Frequently asked questions about Monte Sereno

Is now a good time to buy in Monte Sereno?

Monte Sereno is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Monte Sereno home prices compare to the Bay Area average?

At $4.30M, Monte Sereno's median sits about 139% above the Bay Area average of $1.80M. Monte Sereno is on the higher end of the regional market.

How competitive is Monte Sereno for buyers?

Monte Sereno is a balanced market where neither side dominates:

  • Homes sell about 2% above asking on average
  • 54% close above list price
  • 33 days typical time to go pending
  • 20% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Monte Sereno home?

At $4.30M with 20% down at 6.71%, your estimated total monthly cost is approximately $26,870:

  • $22,209 principal and interest
  • $4,477 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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