Monthly market wrap MONTHLY MARKET WRAP Monte Sereno All home types · May 2026 The Monte Sereno market eased in May: most key signals moved the buyer's way. Median sale price $4.78M ▼ -20.7% vs Apr Time to pending 22d ▲ 13 days slower vs Apr Sold over asking 100% ▲ +43 pts vs Apr Active listings 7 ▲ +16.7% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Monte Sereno All home types · May 2026 Bidding wars are the norm in Monte Sereno: 100% of homes sold over asking. 103.0% average sale price vs. asking price Sold over asking 100% vs. a year ago +75 pts 105.4% 103.3% 101.2% Sold at asking price 103.0% Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Monte Sereno All home types · May 2026 The typical Monte Sereno home closes +3.0% above its asking price. +$525K median sale price minus asking price Median asking price $4.25M Median sale price $4.78M $7.33M $5.51M $3.7M Sold Asking Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Monte Sereno All home types · May 2026 Monte Sereno home values are climbing, up +7.0% in a year. $4.78M median sale price Year over year +7.0% Homes sold last month 4 $5.38M $4.09M $2.8M $4.78M Nov 2018 Jul 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Monte Sereno All home types · May 2026 The typical Monte Sereno home goes pending in 22 days, 28 days faster than last year. 22 days median time to pending Gone within two weeks 75% vs. a year ago 28 days faster 112d 74d 37d 22d Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Monte Sereno All home types · May 2026 Monte Sereno inventory is up 16.7% year over year, so sellers have more competition. 7 active listings Year over year +16.7% Months of supply 1.8 9 7 4 7 Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Monte Sereno? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Monte Sereno All home types · May 2026 1 in 2 Monte Sereno listings cut its asking price last month, up 26 pts from a year ago. 43% of active listings cut their asking price vs. a year ago +26 pts Active listings 7 64% 45% 26% 43% Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Monte Sereno All home types · May 2026 75% of Monte Sereno homes went pending within two weeks. Priced-right listings do not wait. 75% of listings went pending within two weeks Median time to pending 22 days vs. a year ago +25 pts 66% 43% 20% Half of listings 75% Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Monte Sereno All home types · May 2026 November is historically Monte Sereno's calmest month for buyers: 5.5 pts less over-asking than March. November historically the calmest month for buyers Buyer's edge vs March -5.5 pts Years of Redfin data 9+ Yearly average J F M A M J J A S O N D -2.8 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Monte Sereno All home types · May 2026 A Monte Sereno home bought in 2016 has gained +88% in value since. +88% median sale price growth since 2016 Median price in 2016 $2.54M Average gain per year +6.5% $4.7M $3.72M $2.73M $4.78M Oct 2015 Nov 2020 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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