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Market Pulse

Saratoga market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSaratogaCondos · May 2026Saratoga held steady in May: the keymarket signals were mixed.Median sale price$985K▼ -15.3% vs AprTime to pending28d▼ 15 days faster vs AprSold over asking0%▼ -25 pts vs AprActive listings3▼ -40.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSaratogaCondos · May 2026Only 0% of Saratoga condos sold overasking, so buyers have room tonegotiate.90.8%average sale price vs. asking priceSold over asking0%vs. a year ago-25 pts106.3%102.3%98.4%Sold at asking price90.8%Dec 2023Mar 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSaratogaCondos · April 2026Saratoga condos are closing +1.7% belowasking. The list price has become astarting point.-$2.74Mmedian sale price minus asking priceMedian asking price$3.9MMedian sale price$1.16M$3.39M$2.32M$1.25MSoldAskingMar 2024Mar 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESaratogaCondos · May 2026Saratoga condo values are climbing, up+7.9% in a year.$985Kmedian sale priceYear over year+7.9%Homes sold last month2$1.91M$1.48M$1.06M$985KSep 2017Jan 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSaratogaCondos · May 2026The typical Saratoga condo goes pendingin 28 days.28 daysmedian time to pendingGone within two weeks0%vs. a year agounchanged334d222d111d28dDec 2023Mar 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSaratogaCondos · May 2026Saratoga inventory is down 40.0% yearover year, keeping buyer choice tight.3active listingsYear over year-40.0%Months of supply1.57533Dec 2023Mar 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSaratogaCondos · May 20261 in 3 Saratoga listings cut its askingprice last month, up 13 pts from a yearago.33%of active listings cut their asking pricevs. a year ago+13 ptsActive listings346%36%26%33%Apr 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSaratogaCondos · May 2026Only 0% of Saratoga condos went pendingwithin two weeks. Most listings aretaking their time.0%of listings went pending within two weeksMedian time to pending28 daysvs. a year ago-33 pts46%28%10%Half of listings0%Dec 2023Feb 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSaratogaCondos · May 2026December is historically Saratoga'scalmest month for buyers: 4.5 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-4.5 ptsYears of Redfin data5+Yearly averageJFMAMJJASOND-2.6 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESaratogaCondos · May 2026Saratoga condo values are up +12% overthe past 10 years.+12%median sale price growth since 2016Median price in 2016$880KAverage gain per year+1.1%$1.39M$1.18M$974K$985KJan 2015Jul 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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