Monthly market wrap MONTHLY MARKET WRAP Saratoga All home types · May 2026 The Saratoga market tilted hotter in May: most key signals moved the seller's way. Median sale price $4.15M ▲ +1.2% vs Apr Time to pending 13d ▲ 2 days slower vs Apr Sold over asking 56% ▲ +2 pts vs Apr Active listings 37 ▼ -15.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Saratoga All home types · May 2026 Most Saratoga homes are still selling over asking (56%). Price to invite competition. 101.9% average sale price vs. asking price Sold over asking 56% vs. a year ago -3 pts 104.0% 102.4% 100.9% Sold at asking price 101.9% Jun 2024 Jun 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 Saratoga All home types · May 2026 The typical Saratoga home closes +1.9% above its asking price. -$48K median sale price minus asking price Median asking price $4.2M Median sale price $4.15M $4.28M $3.54M $2.79M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Saratoga All home types · May 2026 Saratoga home values dipped -5.2% from a year ago. $4.15M median sale price Year over year -5.2% Homes sold last month 25 $3.95M $3.35M $2.74M $4.15M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Saratoga All home types · May 2026 The typical Saratoga home goes pending in 13 days, 2 days slower than last year. 13 days median time to pending Gone within two weeks 64% vs. a year ago 2 days slower 69d 46d 23d 13d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Saratoga All home types · May 2026 Saratoga inventory is down 32.7% year over year, keeping buyer choice tight. 37 active listings Year over year -32.7% Months of supply 1.5 52 38 23 37 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Saratoga? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Saratoga All home types · May 2026 24% of Saratoga listings cut their asking price last month, up 12 pts from a year ago. 24% of active listings cut their asking price vs. a year ago +12 pts Active listings 37 31% 25% 20% 24% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Saratoga All home types · May 2026 64% of Saratoga homes went pending within two weeks. Priced-right listings do not wait. 64% of listings went pending within two weeks Median time to pending 13 days vs. a year ago +1 pts 57% 37% 17% Half of listings 64% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Saratoga All home types · May 2026 August is historically Saratoga's calmest month for buyers: 4.0 pts less over-asking than March. August historically the calmest month for buyers Buyer's edge vs March -4.0 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.7 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 Saratoga All home types · May 2026 A Saratoga home bought in 2016 has gained +69% in value since. +69% median sale price growth since 2016 Median price in 2016 $2.46M Average gain per year +5.4% $3.7M $3.13M $2.57M $4.15M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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