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MLSListings Inc. © 20171
Market Snapshot –February 2017 vs. February 2016
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Monterey 898 993 -10% 154 182 -15% $531,250 $500,000 6% $791,514 $738,869 7% $121,893,090 $134,474,078 -9% 58 56 4% 258 305 -15% 94 96 -2%
San Benito 151 154 -2% 38 38 0% $517,500 $464,500 11% $570,570 $535,628 7% $21,681,644 $20,353,850 7% 56 54 4% 39 53 -26% 97 96 1%
San Mateo 557 636 -12% 187 196 -5% $1,365,000 $1,200,000 14% $1,622,945 $1,499,759 8% $303,490,664 $293,952,788 3% 27 31 -13% 290 366 -21% 104 107 -3%
Santa Clara 1553 1717 -10% 514 479 7% $1,100,000 $940,000 17% $1,347,383 $1,231,101 9% $692,554,747 $589,697,512 17% 31 30 3% 891 972 -8% 103 103 0%
Santa Cruz 322 412 -22% 97 93 4% $799,500 $795,500 1% $932,929 $954,731 -2% $90,494,134 $88,790,001 2% 57 64 -11% 121 178 -32% 97 97 0%
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Feb 2017
Feb 2016
% Change
Monterey 84 89 -6% 14 24 -42% $316,000 $479,500 -34% $351,107 $507,817 -31% $4,915,500 $12,187,600 -60% 43 50 -14% 27 32 -16% 97 99 -2%
San Benito 19 7 171% 3 5 -40% $338,000 $379,000 -11% $338,667 $350,800 -3% $1,016,000 $1,754,000 -42% 40 40 0% 9 3 200% 98 97 1%
San Mateo 201 190 6% 51 89 -43% $755,000 $760,000 -1% $801,021 $858,010 -7% $40,852,076 $76,362,884 -47% 30 29 3% 105 132 -20% 103 105 -2%
Santa Clara 613 592 4% 222 212 5% $687,440 $645,000 7% $744,837 $718,721 4% $165,353,704 $152,368,907 9% 20 20 0% 355 428 -17% 103 106 -3%
Santa Cruz 92 107 -14% 35 30 17% $530,000 $495,000 7% $528,957 $540,889 -2% $18,513,500 $16,266,675 14% 35 61 -43% 37 52 -29% 98.2 98 0%
Days on Market New Listings
County Inventory Closed Sales Median Price Average Price Total Dollars Days on Market
County Inventory Closed Sales Median Price Average Price % to List Price Received
Condo/Townhouse Year over Year - February 2017 vs. February 2016
% to List Price Received
Single-Family Year-over-Year - February 2017 vs. February 2016
New Listings
Total Dollars
MLSListings Inc. © 20172
Market Snapshot –February 2017 vs. January 2017
MLSListings Inc. © 20173
Single Family + Condo/Townhouse Inventory, Closed Sales, New Listings – Home Counties: Jan ’03 – Feb ’17
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Inventory Closed Sales New Listings
Single Family + Condo/Townhome Inventory, Closed Sales, New ListingsJan ' 03 - Feb '17
MLSListings Inc. © 20174
Single Family + Condo/Townhouse Sales –Home Counties: Jan ’03 – Feb ’17
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Single Family + Condo/Townhome Closed SalesJan '03 - Feb '17
MLSListings Inc. © 20175
Single Family + Condo/Townhouse Inventory –Home Counties: Jan ’03 – Feb ’17
100020003000400050006000700080009000
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Single Family + Condo/Townhome InventoryJan '03 - Feb '17
MLSListings Inc. © 20176
Single Family + Condo/Townhouse New Listings –Home Counties: Jan ’03 – Feb ’17
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Single Family + Condo/Townhome New ListingsJan ' 03 - Feb '17
MLSListings Inc. © 20177
Single Family Inventory – San Mateo, Santa Clara Counties: Jan ’04 – Feb ’17
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6
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17
Home Counties - Single Family InventoryJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 20178
Single Family Inventory – San Mateo & Santa Clara Counties: Feb (2004 – 2017)
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7000
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'17
Home Counties - Single Family InventoryFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 20179
Single Family Inventory – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17
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500
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3500
Jan-
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4
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7
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8
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9
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Jan-
11
Jul-1
1
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2
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Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family InventoryJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201710
Single Family Inventory – Monterey, San Benito, & Santa Cruz Counties: Feb (2004 – 2017)
0
500
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3000
Feb
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Feb
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'17
Home Counties - Single Family InventoryFeb (2004 - 2017)
Monterey San Benito Santa Cruz
MLSListings Inc. © 201711
Single Family Inventory – Home Counties:Feb (2004 – 2017)
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 893 0.6% 186 -18.8% 831 -33.0% 2617 -40.7% 616 -47.7%
Feb '05 918 -2.2% 172 -12.2% 590 -5.6% 1865 -16.7% 448 -28.1%
Feb '06 1781 -49.6% 247 -38.9% 945 -41.1% 2529 -38.6% 828 -61.1%
Feb '07 2069 -56.6% 401 -62.3% 1032 -46.0% 2904 -46.5% 871 -63.0%
Feb '08 2527 -64.5% 499 -69.7% 1633 -65.9% 5068 -69.4% 1022 -68.5%
Feb '09 2391 -62.4% 317 -52.4% 1576 -64.7% 5032 -69.1% 1005 -68.0%
Feb '10 1524 -41.1% 260 -41.9% 1346 -58.6% 3340 -53.5% 767 -58.0%
Feb '11 1600 -43.9% 299 -49.5% 1540 -63.8% 3800 -59.1% 806 -60.0%
Feb '12 1320 -32.0% 242 -37.6% 1182 -52.9% 2831 -45.1% 754 -57.3%
Feb '13 859 4.5% 124 21.8% 660 -15.6% 1350 15.0% 468 -31.2%
Feb '14 819 9.6% 128 18.0% 552 0.9% 1178 31.8% 439 -26.7%
Feb '15 970 -7.4% 161 -6.2% 587 -5.1% 1761 -11.8% 453 -28.9%
Feb '16 993 -9.6% 154 -1.9% 636 -12.4% 1717 -9.6% 412 -21.8%
Feb '17 898 151 557 1553 322
Home Counties - Single Family Inventory (2017 vs. Prior Years)
MLSListings Inc. © 201712
Single Family Months of Inventory – San Mateo, Santa Clara, Santa Cruz: Mar ’03 – Feb ’17 (Rolling Three Month Average)
0.0
2.0
4.0
6.0
8.0
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Months of Inventory - Single Family(Rolling 3 mo. Average)
Mar '03 - Feb '17
San Mateo SF Santa Clara SF Santa Cruz SF
MLSListings Inc. © 201713
Single Family Months of Inventory – Monterey and San Benito Counties: Mar ’03 – Feb ’17 (Rolling Three Month Average)
0.0
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Months of Inventory - Single Family(Rolling 3 mo. Average)
Mar '03 - Feb '17
Monterey SF San Benito SF
MLSListings Inc. © 201714
Single Family Closed Sales – San Mateo & Santa Clara Counties: Jan ’04 – Feb ’17
0
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4
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7
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3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family SalesJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201715
Single Family Closed Sales – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
0
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1000
1200
Feb
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Feb
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'14
Feb
'15
Feb
'16
Home Counties - Single Family SalesFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201716
Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties: Jan 04 – Feb ’17
0
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8
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9
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10
Jul-1
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Jan-
11
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1
Jan-
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Jul-1
2
Jan-
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Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family SalesJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201717
Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)
0
50
100
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250
300
350
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Feb
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Feb
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Feb
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Feb
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Feb
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Feb
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Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family SalesFeb (2004 - 2017)
Monterey San Benito Santa Cruz
MLSListings Inc. © 201718
Single Family Closed Sales – Home Counties:Feb (2004 – 2017)
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 202 -23.8% 56 -32.1% 353 -47.0% 886 -42.0% 131 -26.0%
Feb '05 200 -23.0% 42 -9.5% 332 -43.7% 824 -37.6% 140 -30.7%
Feb '06 168 -8.3% 24 58.3% 271 -31.0% 698 -26.4% 107 -9.3%
Feb '07 133 15.8% 16 137.5% 257 -27.2% 661 -22.2% 130 -25.4%
Feb '08 102 51.0% 19 100.0% 212 -11.8% 424 21.2% 72 34.7%
Feb '09 289 -46.7% 55 -30.9% 208 -10.1% 579 -11.2% 87 11.5%
Feb '10 225 -31.6% 43 -11.6% 228 -18.0% 634 -18.9% 92 5.4%
Feb '11 236 -34.7% 40 -5.0% 221 -15.4% 632 -18.7% 96 1.0%
Feb '12 212 -27.4% 49 -22.4% 275 -32.0% 689 -25.4% 122 -20.5%
Feb '13 196 -21.4% 41 -7.3% 260 -28.1% 582 -11.7% 124 -21.8%
Feb '14 136 13.2% 38 0.0% 202 -7.4% 509 1.0% 105 -7.6%
Feb '15 129 19.4% 32 18.8% 181 3.3% 486 5.8% 93 4.3%
Feb '16 182 -15.4% 38 0.0% 196 -4.6% 479 7.3% 93 4.3%
Feb '17 154 38 187 514 97
Home Counties - Single Family Inventory (2017 vs. Prior Years)
MLSListings Inc. © 201719
Single Family Total Sales Dollars – San Mateo and Santa Clara Counties: Jan ’04 – Feb ’17
$0
$200,000,000
$400,000,000
$600,000,000
$800,000,000
$1,000,000,000
$1,200,000,000
$1,400,000,000
$1,600,000,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Total Sales DollarsJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201720
Single Family Total Sales Dollars – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
$100,000,000
$300,000,000
$500,000,000
$700,000,000
$900,000,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
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Feb
'11
Feb
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Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Total Sales DollarsFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201721
Single Family Total Sales Dollars – Santa Cruz, Monterey, and San Benito Counties: Jan ’04 – Feb ’17
$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Total Sales DollarsJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201722
Single Family Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)
$0
$40,000,000
$80,000,000
$120,000,000
$160,000,000
$200,000,000
$240,000,000
$280,000,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Total Sales DollarsFeb (2004 - 2017)
Monterey San Benito Santa Cruz
MLSListings Inc. © 201723
Single Family Total Sales Volume –Home Counties: Feb (2004 – 2017)
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 $131,284,342 -7.2% $25,913,899 -16.3% $328,855,430 -7.7% $635,556,257 9.0% $86,748,013 4.3%
Feb '05 $183,092,709 -33.4% $25,958,200 -16.5% $348,873,915 -13.0% $736,543,153 -6.0% $107,191,050 -15.6%
Feb '06 $167,479,500 -27.2% $16,181,392 34.0% $295,607,070 2.7% $655,844,081 5.6% $83,207,552 8.8%
Feb '07 $115,928,126 5.1% $10,047,300 115.8% $282,217,564 7.5% $642,124,015 7.9% $113,466,588 -20.2%
Feb '08 $78,082,469 56.1% $7,829,800 176.9% $304,738,290 -0.4% $418,250,943 65.6% $62,253,692 45.4%
Feb '09 $133,181,851 -8.5% $15,363,300 41.1% $158,858,190 91.0% $323,340,867 114.2% $42,961,305 110.6%
Feb '10 $116,818,546 4.3% $13,354,831 62.4% $206,492,100 47.0% $449,790,795 54.0% $49,913,685 81.3%
Feb '11 $147,342,920 -17.3% $13,288,950 63.2% $189,380,370 60.3% $423,144,824 63.7% $60,213,880 50.3%
Feb '12 $138,659,654 -12.1% $14,958,098 44.9% $217,083,311 39.8% $506,670,505 36.7% $65,422,811 38.3%
Feb '13 $157,700,892 -22.7% $14,340,900 51.2% $307,802,459 -1.4% $530,964,287 30.4% $67,852,744 33.4%
Feb '14 $119,439,306 2.1% $16,207,051 33.8% $247,287,748 22.7% $526,493,237 31.5% $68,766,370 31.6%
Feb '15 $138,306,746 -11.9% $15,265,476 42.0% $267,516,872 13.4% $644,205,864 7.5% $67,590,496 33.9%
Feb '16 $134,474,078 -9.4% $20,353,850 6.5% $293,952,788 3.2% $589,697,512 17.4% $88,790,001 1.9%
Feb '17 $121,893,090 $21,681,644 $303,490,664 $692,554,747 $90,494,134
Home Counties - Single Family Total Sales Dollars (2017 vs. Prior Years)
MLSListings Inc. © 201724
Single Family Median Prices – San Mateo, Santa Clara Counties: Jan ’04 – Feb ’17
$300,000$400,000$500,000$600,000$700,000$800,000$900,000
$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Median PriceJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201725
Single Family New Listings – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
$300,000$400,000$500,000$600,000$700,000$800,000$900,000
$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Median PriceFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201726
Single Family Median Prices – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Median PriceJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201727
Single Family Median Prices – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Median PriceFeb (2004 - 2017)
Monterey San Benito Santa Cruz
28
Single Family Median Prices – Home Counties:Feb (2004 – 2017)
MLSListings Inc. © 2017
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 $471,500 12.7% $423,250 22.3% $694,000 96.7% $566,200 94.3% $560,000 42.7%Feb '05 $635,000 -16.3% $555,000 -6.8% $831,500 64.2% $705,000 56.0% $730,000 9.5%Feb '06 $700,000 -24.1% $600,000 -13.8% $862,000 58.4% $765,000 43.8% $712,000 12.2%Feb '07 $657,000 -19.1% $585,000 -11.5% $870,000 56.9% $790,000 39.2% $720,000 11.0%Feb '08 $472,500 12.4% $381,500 35.6% $909,000 50.2% $780,000 41.0% $692,500 15.4%Feb '09 $215,000 147.1% $255,000 102.9% $574,950 137.4% $448,500 145.3% $425,000 88.0%Feb '10 $250,000 112.5% $279,000 85.5% $654,500 108.6% $550,000 100.0% $500,000 59.8%Feb '11 $240,000 121.4% $285,000 81.6% $634,000 115.3% $528,000 108.3% $451,000 77.2%Feb '12 $265,450 100.1% $260,000 99.0% $589,000 131.7% $540,000 103.7% $499,500 60.0%Feb '13 $305,000 74.2% $330,000 56.8% $800,000 70.6% $712,250 54.4% $449,000 78.0%Feb '14 $500,000 6.3% $397,000 30.4% $977,500 39.6% $800,000 37.5% $598,000 33.6%
Feb '15 $515,000 3.2% $436,500 18.6% $1,240,000 10.1% $950,000 15.8% $697,000 14.6%
Feb '16 $500,000 6.3% $464,500 11.4% $1,200,000 13.8% $940,000 17.0% $795,000 0.5%
Feb '17 $531,250 $517,500 $1,365,000 $1,100,000 $799,000
Home Counties - Single Family Total Sales Dollars (2017 vs. Prior Years)
MLSListings Inc. © 201729
Single Family Average Price – San Mateo, Santa Clara Counties: Jan ’04 – Feb ’17
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
$1,700,000
$1,900,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Average PriceJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201730
Single Family Average Price – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
$300,000
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
$1,700,000
$1,900,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Average PriceFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201731
Single Family Average Price – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17
$100,000
$300,000
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family Average PriceJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201732
Single Family Average Price – Home Counties:Feb (2004 – 2017)
$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000
$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Feb
'17
Home Counties - Single Family Average PriceFeb (2004 - 2017)
Monterey San Benito Santa Cruz
MLSListings Inc. © 201733
Single Family Average Price – Home Counties:Feb (2004 – 2017)
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 $649,922 21.8% $462,748 23.3% $931,602 74.2% $717,332 87.8% $662,199 40.9%
Feb '05 $915,464 -13.5% $618,052 -7.7% $1,050,825 54.4% $893,863 50.7% $765,650 21.8%
Feb '06 $996,902 -20.6% $674,225 -15.4% $1,090,801 48.8% $939,605 43.4% $777,641 20.0%
Feb '07 $871,640 -9.2% $627,956 -9.1% $1,098,123 47.8% $971,443 38.7% $872,820 6.9%
Feb '08 $1,025,891 -22.8% $412,094 38.5% $1,444,257 12.4% $988,772 36.3% $864,634 7.9%
Feb '09 $360,971 119.3% $279,332 104.3% $763,741 112.5% $559,413 140.9% $493,808 88.9%
Feb '10 $396,900 99.4% $310,577 83.7% $905,667 79.2% $709,449 89.9% $542,540 72.0%
Feb '11 $406,676 94.6% $332,223 71.7% $860,819 88.5% $673,797 100.0% $627,227 48.7%
Feb '12 $489,220 61.8% $305,267 86.9% $789,393 105.6% $737,511 82.7% $536,252 74.0%
Feb '13 $452,132 75.1% $349,778 63.1% $1,183,855 37.1% $912,309 47.7% $551,648 69.1%
Feb '14 $940,017 -15.8% $426,501 33.8% $1,248,928 29.9% $1,038,448 29.7% $654,917 42.4%
Feb '15 $856,111 -7.5% $477,046 19.6% $1,477,993 9.8% $1,325,526 1.6% $726,779 28.4%
Feb '16 $738,869 7.1% $535,628 6.5% $1,499,759 8.2% $1,231,101 9.4% $954,731 -2.3%
Feb '17 $791,514 $570,570 $1,622,945 $1,347,383 $932,929
Home Counties - Single Family Total Sales Dollars (2017 vs. Prior Years)
MLSListings Inc. © 201734
Single Family + Condo/Townhouse New Listings –San Mateo, Santa Clara Counties: Jan ’04 – Feb ’17
0200400600800
1000120014001600180020002200240026002800
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family New ListingsJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201735
Single Family New Listings – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Home Counties - Single Family New ListingsFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201736
Single Family New Listings – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17
0
100
200
300
400
500
600
700
800
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Single Family New ListingsJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201737
Single Family New Listings – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)
0
100
200
300
400
500
600
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Home Counties - Single Family New ListingsFeb (2004 - 2017)
Monterey San Benito Santa Cruz
38
Single Family New Listings – Home Counties:Feb (2004 – 2017)
MLSListings Inc. © 2017
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 327 -21.1% 74 -47.3% 583 -50.3% 1826 -51.2% 260 -53.5%
Feb '05 372 -30.6% 98 -60.2% 481 -39.7% 1577 -43.5% 208 -41.8%
Feb '06 480 -46.3% 81 -51.9% 582 -50.2% 1664 -46.5% 287 -57.8%
Feb '07 457 -43.5% 105 -62.9% 538 -46.1% 1369 -34.9% 254 -52.4%
Feb '08 505 -48.9% 124 -68.5% 669 -56.7% 1855 -52.0% 265 -54.3%
Feb '09 551 -53.2% 82 -52.4% 557 -47.9% 1678 -46.9% 224 -46.0%
Feb '10 455 -43.3% 80 -51.3% 584 -50.3% 1477 -39.7% 238 -49.2%
Feb '11 379 -31.9% 73 -46.6% 574 -49.5% 1347 -33.9% 199 -39.2%
Feb '12 385 -33.0% 76 -48.7% 499 -41.9% 1195 -25.4% 217 -44.2%
Feb '13 270 -4.4% 43 -9.3% 462 -37.2% 1003 -11.2% 182 -33.5%
Feb '14 266 -3.0% 56 -30.4% 441 -34.2% 956 -6.8% 167 -27.5%
Feb '15 235 9.8% 55 -29.1% 329 -11.9% 934 -4.6% 145 -16.6%
Feb '16 305 -15.4% 53 -26.4% 366 -20.8% 972 -8.3% 178 -32.0%
Feb '17 258 39 290 891 121
Home Counties - Single Family Inventory (2017 vs. Prior Years)
MLSListings Inc. © 201739
Condo/Townhouse Total Sales Dollars – San Mateo and Santa Clara Counties: Jan ’04 – Feb ’17
$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
$400,000,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Condo/Townhouse Total Sales DollarsJan '04 to Feb '17
San Mateo Santa Clara
MLSListings Inc. © 201740
Condo/Townhouse Total Sales Dollars – San Mateo, Santa Clara Counties: Feb (2004 – 2017)
$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Home Counties - Condo/Townhouse Total Sales DollarsFeb (2004 - 2017)
San Mateo Santa Clara
MLSListings Inc. © 201741
Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Jul-1
0
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Home Counties - Condo/TownhouseTotal Sales DollarsJan '04 to Feb '17
Monterey San Benito Santa Cruz
MLSListings Inc. © 201742
Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
Feb
'04
Feb
'05
Feb
'06
Feb
'07
Feb
'08
Feb
'09
Feb
'10
Feb
'11
Feb
'12
Feb
'13
Feb
'14
Feb
'15
Feb
'16
Home Counties - Condo/Townhouse Total Sales DollarsFeb (2004 - 2017)
Monterey San Benito Santa Cruz
MLSListings Inc. © 201743
Condo/Townhouse Total Sales Dollars –Home Counties: Feb (2004 – 2017)
Monterey County San Benito
County San Mateo County Santa Clara
County Santa Cruz County
Feb '04 $6,312,000 -22.1% $914,000 11.2% $72,175,457 -43.4% $141,583,815 16.8% $11,268,075 64.3%
Feb '05 $10,560,000 -53.5% $1,275,000 -20.3% $50,580,800 -19.2% $170,113,247 -2.8% $18,009,725 2.8%
Feb '06 $14,444,450 -66.0% $954,000 6.5% $65,457,775 -37.6% $171,721,916 -3.7% $18,288,700 1.2%
Feb '07 $7,281,835 -32.5% $389,900 160.6% $51,886,039 -21.3% $176,490,002 -6.3% $17,607,500 5.1%
Feb '08 $7,558,440 -35.0% $265,000 283.4% $37,002,965 10.4% $77,995,823 112.0% $4,755,500 289.3%
Feb '09 $5,534,300 -11.2% $435,000 133.6% $20,063,887 103.6% $66,870,589 147.3% $5,815,500 218.3%
Feb '10 $5,024,956 -2.2% $115,000 783.5% $30,192,411 35.3% $79,913,280 106.9% $4,068,567 355.0%
Feb '11 $5,852,999 -16.0% $208,000 388.5% $30,614,003 33.4% $102,276,862 61.7% $6,980,007 165.2%
Feb '12 $7,919,619 -37.9% $455,000 123.3% $32,806,032 24.5% $107,147,409 54.3% $7,273,250 154.5%
Feb '13 $7,060,550 -30.4% $356,000 185.4% $42,347,623 -3.5% $117,455,618 40.8% $15,169,561 22.0%
Feb '14 $6,940,300 -29.2% $602,000 68.8% $43,864,310 -6.9% $136,076,449 21.5% $13,775,994 34.4%
Feb '15 $6,759,500 -27.3% $342,500 196.6% $47,003,471 -13.1% $110,720,442 49.3% $9,252,000 100.1%
Feb '16 $12,187,600 -59.7% $1,754,000 -42.1% $76,362,884 -46.5% $152,368,907 8.5% $16,226,675 14.1%
Feb '17 $4,915,500 $1,016,000 $40,852,076 $165,353,704 $18,513,500
Home Counties - Single Family Total Sales Dollars (2017 vs. Prior Years)
MLSListings Inc. © 201744
Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz: Mar ’03 – Feb ’17 (Rolling Three Month Average)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0M
ar '0
3
Sep Mar
Sep
t
Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep
Mon
ths
Months of Inventory - Condo / Townhouse(Rolling 3 mo. Average)
Mar '03 - Feb '17
San Mateo C/T Santa Clara C/T Santa Cruz C/T
MLSListings Inc. © 201745
Condo/Townhouse Months of Inventory – Monterey and San Benito Counties: Mar ’03 – Feb ’17 (Rolling Three Month Average)
0.0
4.0
8.0
12.0
16.0
20.0
24.0
28.0
32.0
36.0
Mar
'03
Sep Mar
Sep
t
Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep Mar
Sep
Mon
ths
Months of Inventory - Condo / Townhouse(Rolling 3 mo. Average)
Mar '03 - Feb '17
Monterey C/T San Benito C/T
San Benito Jan - Apr '09 ave. 60 days removed for graph purpose
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