market indicators - general overview - october 2014

MLSListings Inc Confidential Copyright 2014 1

Market Snapshot – Oct 2014 vs. Oct 2013

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Monterey 963 924 4% 232 194 20% $466,500 $416,050 12% $900,824 $610,356 48% $208,991,274 $118,409,152 76% 55 57 -4% 279 242 15%

San Benito 180 140 29% 43 44 -2% $426,000 $405,000 5% $479,459 $437,165 10% $20,616,749 $19,235,300 7% 61 39 56% 60 47 28%

San Mateo 597 824 -28% 420 453 -7% $1,075,000 $925,000 16% $1,342,016 $1,213,675 11% $559,620,969 $549,794,814 2% 27 29 -7% 400 471 -15%

Santa Clara 1606 1704 -6% 883 926 -5% $880,000 $780,000 13% $1,162,127 $1,018,177 14% $1,022,672,559 $937,741,147 9% 34 31 10% 976 1028 -5%

Santa Cruz 535 641 -17% 163 162 1% $715,000 $647,000 11% $794,806 $687,750 16% $129,553,388 $111,415,501 16% 50 52 -4% 158 198 -20%

(Some Counties may have too few sales to calculate the data)

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Oct

2014

Oct

2013

%

Change

Monterey 104 80 30% 26 27 -4% $286,500 $375,000 -24% $369,004 $447,386 -18% $9,594,120 $12,079,437 -21% 61 40 53% 25 32 -22%

San Benito 15 3 400% 4 2 100% $265,750 $215,250 23% $270,375 $215,250 26% $1,081,500 $430,500 151% 107 34 215% 6 1 500%

San Mateo 188 224 -16% 129 133 -3% $625,000 $598,500 4% $683,663 $640,297 7% $88,192,527 $84,519,296 4% 24 22 9% 136 142 -4%

Santa Clara 557 710 -22% 375 418 -10% $555,000 $515,000 8% $614,507 $553,863 11% $230,440,488 $230,960,953 0% 28 29 -3% 422 451 -6%

Santa Cruz 118 144 -18% 37 45 -18% $465,000 $376,000 24% $479,416 $431,955 11% $17,738,400 $19,438,000 -9% 66 63 5% 35 38 -8%

Single Family - October 2014 vs. October 2013

County

Inventory Closed Sales Median Price Average Price Total Dollars Days on Market New Listings

Condo/Townhouse - October 2014 vs. October 2013

County



Market Snapshot – Oct 2014 vs. Sep 2014

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Monterey 991 963 -3% 208 232 12% $458,750 $466,500 2% $797,242 $900,824 13% $165,826,383 $208,991,274 26% 72 55 -24% 284 279 -2%

San Benito 168 180 7% 36 43 19% $429,500 $426,000 -1% $457,272 $479,459 5% $16,461,800 $20,616,749 25% 31 61 97% 53 60 13%

San Mateo 695 597 -14% 398 420 6% $1,077,500 $1,075,000 0% $1,389,242 $1,342,016 -3% $560,139,883 $559,620,969 0% 29 27 -7% 515 400 -22%

Santa Clara 1765 1606 -9% 873 883 1% $852,500 $880,000 3% $1,110,888 $1,162,127 5% $968,634,492 $1,022,672,559 6% 30 34 13% 1165 976 -16%

Santa Cruz 601 535 -11% 183 163 -11% $675,000 $715,000 6% $786,200 $794,806 1% $143,874,632 $129,553,388 -10% 50 50 0% 207 158 -24%

(Some Counties may have too few sales to calculate the data)

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Sep

2014

Oct

2014

%

Change

Monterey 117 104 -11% 21 26 24% $365,000 $286,500 -22% $389,214 $369,004 -5% $8,173,500 $9,594,120 17% 72 61 -15% 46 25 -46%

San Benito 13 15 15% 3 4 33% $325,000 $265,750 -18% $308,400 $270,375 -12% $925,200 $1,081,500 17% 12 107 792% 6 6 0%

San Mateo 195 188 -4% 131 129 -2% $627,000 $625,000 0% $662,886 $683,663 3% $96,838,149 $88,192,527 -9% 21 24 14% 160 136 -15%

Santa Clara 622 557 -10% 372 375 1% $535,000 $555,000 4% $600,782 $614,507 2% $223,491,195 $230,440,488 3% 24 28 17% 444 422 -5%

Santa Cruz 123 118 -4% 45 37 -18% $425,800 $465,000 9% $458,778 $479,416 4% $20,645,020 $17,738,400 -14% 38 66 74% 44 35 -20%

Single Family - Current Month vs. Prior Month - October 2014 vs. September 2014

County


Condo/Townhouse - Current Month vs. Prior Month - October 2014 vs. September 2014

County



Single Family Business Outlook – Home CountiesOct ’13 vs. Oct ’14


Inventory, Closed Sales, New Listings - Home CountiesJan ’03 – Oct ’14


Single Family + Condo/Townhouse Inventory - Home CountiesJan ’03 – Oct ’14


Single Family + Condo/Townhouse Inventory - Home CountiesJan ’05 – Oct ’14


Single Family Inventory - Home CountiesJan ’04 – Oct ’14


Single Family Inventory - Home CountiesOct (2004 – 2014)


Single Family Months of Inventory – San Mateo, Santa Clara, Santa Cruz

Mar ’03 – Oct ’14 (Rolling Three Month Average)


Single Family Months of Inventory – Monterey and San Benito Counties



Single Family + Condo/Townhouse Closed Sales – Home CountiesJan ’03 – Oct ’14


Single Family + Condo/Townhouse Closed Sales - Home CountiesJan ’05 – Oct ’14


Single Family Closed Sales – Home CountiesJan ’04 – Oct ’14


Single Family Closed Sales – Home CountiesOct (2004 – 2014)


Single Family + Condo/Townhouse New Listings - Home CountiesJan ’03 – Oct ’14


Single Family + Condo/Townhouse New Listings - Home CountiesJan ’05 – Oct ’14


Single Family New Listings - Home CountiesJan ’04 – Oct ’14


Single Family New Listings - Home CountiesOct (2004 – 2014)


Single Family + Condo/Townhouse Median Price - Home CountiesJan ’05 – Oct ’14


Single Family Median Prices - Home CountiesJan ’04 – Oct ’14


Single Family Median Prices - Home CountiesOct (2004 – 2014)


Single Family Average Price - Home CountiesJan ’04 – Oct ’14


Single Family Average Price - Home CountiesOct (2004 – 2014)


Condo/Townhouse Business Outlook – Home CountiesOct ’13 vs. Oct ’14


Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz



Condo/Townhouse Months of Inventory – Monterey and San Benito Counties


market indicators - general overview - october 2014

Real Estate