18613 Devon Avenue is back on the market 29 months after it sold for $2.75 million

The last recorded sale on 18613 Devon Avenue was $2,750,000 on May 3, 2024. Twenty-nine months later, the same house is listed at $3,198,000 — $448,000 above that figure, a 16.3% increase in asking price over the prior sale price. What the market makes of that gap is the question.

How it compares with homes like it

The peer rule here: single-family homes, within one bedroom of three, within 25% of 1,292 square feet, sold within the last 12 months, within a 0.5-mile radius — the nearest cluster that produced at least four sales. That search returned seven transactions.

The median recorded sale price across those seven is $2,741,000. The median price per square foot is $2,070. At $2,475 per square foot, 18613 Devon Avenue is asking about 20% above that peer median on a per-foot basis.

The nearest and most similar sale in the set is 18645 Paseo Lado, 0.07 miles away — also 1,232 square feet, 3 beds, 1 bath — which recorded at $2,550,000 in July 2026, or $2,070 per square foot. Devon Avenue is asking $405,000 more than that recorded price for a home that is 60 square feet larger.

There is, however, one significant outlier in the peer group. 12820 Paseo Presada, 0.2 miles away, recorded at $5,500,000 in July 2026 — $4,365 per square foot on a 1,260-square-foot home. Remove that sale and the remaining six trade between $850,000 and $2,800,000, with a median closer to $2,715,000. The outlier is real recorded data, but it sits at nearly double the next-highest per-foot figure in the set and pulls the range wide.

The three active single-family listings now competing in the same general size and bedroom band have a median ask of $2,490,000. On list price alone, Devon Avenue ranks fourth — highest — among the four (three active peers plus itself).

Comparable sales

All seven peer sales have date-estimated recording months based on available records.

Six of the seven sales fall between $2,070 and $2,486 per square foot; the Paseo Presada outlier at $4,365 per square foot sits in its own tier. Devon Avenue's ask of $2,475 per square foot lands at the high end of that six-sale cluster.

Single-family homes across Saratoga

City-wide, 206 single-family homes have sold in the last 180 days, with a median sale price of $4,394,000 and a median of $1,571 per square foot. There are currently 55 active single-family listings with a median ask of $4,550,000. Devon Avenue's 1,292 square feet is well below the city-wide median of 2,631 square feet for recent single-family sales, which is the primary reason the city-wide figures are not directly comparable to this specific home. The peer group above — same size band, same type, same neighborhood — is the relevant frame.

How the Saratoga market is doing

Across all property types combined, 155 sales closed in Saratoga over the last 180 days, ranging from $770,000 to $17,250,000. The median sale price was $4,050,000, compared with $4,100,000 in the same 180-day window a year earlier — a $50,000 nominal dip. The median price per square foot moved from $1,481 to $1,536 over the same comparison. Volume was nearly flat: 155 sales now versus 156 in the prior-year window. These figures cover all property types and are reported here as city-wide context.

What it would cost a month

At the $3,198,000 list price, using the national 30-year average rate of 6.95% as of the week of September 17, 2026 (Freddie Mac Primary Mortgage Market Survey), the principal and interest payment on a fully financed loan would be:

This is principal and interest only and does not account for taxes, insurance, or any down payment.

Three you could write an offer on today

These three homes are on the same block of Devon Avenue and are not listed for sale. Every home in the Saratoga market has a page on this site, and an owner does not have to be listed to receive a written offer — the agent carries the offer to the owner directly. No one is committed to anything until terms are agreed in a signed contract. See how an offer works.

• 18581 Devon Ave — 1,356 sq ft, 3 bed / 1 bath, built 1951, last recorded sale $845,000 in January 2009, 0.03 miles away.
• 18612 Devon Ave — 1,569 sq ft, 4 bed / 2 bath, built 1951, last recorded sale $334,000 in September 1995, 0.03 miles away.
• 18596 Devon Ave — 1,378 sq ft, 2 bed / 1 bath, built 1951, last recorded sale $703,000 in May 2000, 0.03 miles away.

Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272