The median home value in Saratoga is $1,885,500 as compared to San Jose’s 557,721. On average these homes sale for this price not only because of its the great school districts, the family friendly neighborhoods, the small town feel, or the culture, but because of its beautiful homes. 40% of homes currently listed in Saratoga are asking for more than $2 Million. Of that 40% half of them have 5 or more bedrooms. Because most of the houses in Saratoga are valued over $2 Million dollars you know the houses in your neighborhood are also going to be valuable. When buying a home remember that living in a good neighborhood increases the vaulue of your own home.
These homes however may not be considered “luxary” because such a high percentage is over $2 Million. 16% of the homes listed, however, are over $3 Million, and 5% are over $5 Million dollars. These luxury homes usually have a minnium of 3-4 bedrooms and are at least 4,500sq. feet. Many of them have beautiful views of the green land, and the blue skies.
The average age of homes in Saratoga is about 40 years old. Though this may seem old to some, others see these homes as having great character. And most of these homes have been recently remodeled, giving the home more value. There are, however, plenty of newly constructed homes on the market.
