Saratoga's median sale price slipped 2.4% to about $3.86 million in the three months through September 2026, while the number of homes sold rose 41.5% from a year earlier.
The numbers
- Median sale price: $3,863,160, down 2.4% year over year
- Price per square foot: about $1,570, up 1.6%
- Homes sold in September: 79, up from 56 a year earlier
- Median days on market: 18, versus 17 a year ago
- Sale-to-list ratio: 101.5%, up 0.5 points; 51.3% of homes sold above list
- Homes with price drops: 25.6%, up 4.7 points
What Zillow shows
Zillow's Home Value Index puts the typical Saratoga home at $3,974,406 as of Sept. 30, 2026, up 4.2% from a year earlier.
What it means for buyers and sellers
Redfin rates Saratoga only "somewhat competitive," with a Compete Score of 54, low for the West Valley. Some homes get multiple offers, and the average home sells for about 2% over list in around 18 days. A big jump in sales alongside more price cuts suggests more sellers came to market and buyers had more choice. Compare with Los Gatos and Cupertino.
Redfin figures cover the three months through September 2026 and compare with the same period a year earlier. Zillow's Home Value Index is a typical-home estimate, not a sale price, so the two numbers measure different things and won't match exactly.