Monte Sereno Housing Market · 2026

Data through Sep 2026

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

Monte Sereno Market Snapshot

Monte Sereno is shifting toward buyers. Here's where things stand:

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

Data through September 2026

SalesWhat are homes selling for?
Median Sale Price
$4.20M
▼ Down 0.2% from September 2025
Down $7K from September 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
~$27,809/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$23,253
  • Property Tax$4,373
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
33 days
▲ 14 more days than in September 2025
Buyers have time to decide
Sale-to-List Ratio
100.0%
▼ Down from 101.9% in September 2025
Selling at or near asking price
% Sold Over Asking
31%
31% of homes sold above asking, some competition
Active Listings
5
▲ Up 6.4% from September 2025
About 1.2 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
Down 0.2% year-over-year in Monte Sereno. Based on 13 sales in the last 3 months.
Homes Sold
160% 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 7.4%. Your actual rate depends on your credit, down payment, and loan type.

Monte Sereno housing market trends, 2021–2026

October 2021 median
$3.77M
$12,962/mo at 3.1%
Peak (December 2024)
$5.97M
September 2026 median
$4.20M
$22,411/mo at 7.0%

The median sale price in Monte Sereno is $4.20M — up 11% from $3.77M in October 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 $4.30M. 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 $22,411 today, up 73% from $12,962 in October 2021. Most of that increase comes from mortgage rates (3.1% then vs. 7.0% now), not prices — at October 2021 rates, today's median would run about $14,414/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 currently leans toward buyers. Homes are sitting longer and sellers are more open to negotiation. It is a good time to take your time, request contingencies, and consider offering below asking.

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

At $4.20M, Monte Sereno's median sits about 137% above the Bay Area average of $1.77M. Monte Sereno is on the higher end of the regional market.

How competitive is Monte Sereno for buyers?

Monte Sereno currently leans toward buyers:

  • Homes sell about 0.0% below asking on average
  • 31% close above list price
  • 33 days typical time to go pending

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

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

At $4.20M with 20% down at 7.4%, your estimated total monthly cost is approximately $27,809:

  • $23,253 principal and interest
  • $4,373 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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