market snapshot – february 2017 vs. february 2016 · inventory closed sales median price average...

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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


Market Snapshot –February 2017 vs. January 2017


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


Single Family + Condo/Townhouse Sales –Home Counties: Jan ’03 – Feb ’17

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7

Single Family + Condo/Townhome Closed SalesJan '03 - Feb '17


Single Family + Condo/Townhouse Inventory –Home Counties: Jan ’03 – Feb ’17

100020003000400050006000700080009000

100001100012000130001400015000160001700018000

Jan-

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Single Family + Condo/Townhome InventoryJan '03 - Feb '17


Single Family + Condo/Townhouse New Listings –Home Counties: Jan ’03 – Feb ’17

1000

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Jan

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Single Family + Condo/Townhome New ListingsJan ' 03 - Feb '17


Single Family Inventory – San Mateo, Santa Clara Counties: Jan ’04 – Feb ’17

0

1000

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7000

Jan-

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Home Counties - Single Family InventoryJan '04 to Feb '17

San Mateo Santa Clara


Single Family Inventory – San Mateo & Santa Clara Counties: Feb (2004 – 2017)

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Feb

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Home Counties - Single Family InventoryFeb (2004 - 2017)



Single Family Inventory – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Feb ’17

0

500

1000

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3500

Jan-

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Jul-0

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5

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6

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Home Counties - Single Family InventoryJan '04 to Feb '17

Monterey San Benito Santa Cruz


Single Family Inventory – Monterey, San Benito, & Santa Cruz Counties: Feb (2004 – 2017)

0

500

1000

1500

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2500

3000

Feb

'04

Feb

'05

Feb

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Feb

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Feb

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Feb

'17

Home Counties - Single Family InventoryFeb (2004 - 2017)



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)


Single Family Months of Inventory – San Mateo, Santa Clara, Santa Cruz: Mar ’03 – Feb ’17 (Rolling Three Month Average)

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ths

Months of Inventory - Single Family(Rolling 3 mo. Average)

Mar '03 - Feb '17

San Mateo SF Santa Clara SF Santa Cruz SF


Single Family Months of Inventory – Monterey and San Benito Counties: Mar ’03 – Feb ’17 (Rolling Three Month Average)

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Months of Inventory - Single Family(Rolling 3 mo. Average)

Mar '03 - Feb '17

Monterey SF San Benito SF


Single Family Closed Sales – San Mateo & Santa Clara Counties: Jan ’04 – Feb ’17

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17

Home Counties - Single Family SalesJan '04 to Feb '17



Single Family Closed Sales – San Mateo, Santa Clara Counties: Feb (2004 – 2017)

0

200

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Feb

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Home Counties - Single Family SalesFeb (2004 - 2017)



Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties: Jan 04 – Feb ’17

0

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Jul-1

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Jul-1

6

Jan-

17

Home Counties - Single Family SalesJan '04 to Feb '17



Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties: Feb (2004 – 2017)

0

50

100

150

200

250

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350

Feb

'04

Feb

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Feb

'06

Feb

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Feb

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Feb

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Feb

'15

Feb

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Feb

'17

Home Counties - Single Family SalesFeb (2004 - 2017)



Single Family Closed Sales – Home Counties:Feb (2004 – 2017)




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



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



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

'10

Feb

'11

Feb

'12

Feb

'13

Feb

'14

Feb

'15

Feb

'16

Feb

'17

Home Counties - Single Family Total Sales DollarsFeb (2004 - 2017)



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



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)



Single Family Total Sales Volume –Home Counties: Feb (2004 – 2017)




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)


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



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

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Feb

'10

Feb

'11

Feb

'12

Feb

'13

Feb

'14

Feb

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Feb

'16

Feb

'17

Home Counties - Single Family Median PriceFeb (2004 - 2017)



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



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)


28

Single Family Median Prices – Home Counties:Feb (2004 – 2017)





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



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



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)



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



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)



Single Family Average Price – Home Counties:Feb (2004 – 2017)




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



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



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)



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



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)


38

Single Family New Listings – Home Counties:Feb (2004 – 2017)





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



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



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)



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



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)



Condo/Townhouse Total Sales Dollars –Home Counties: Feb (2004 – 2017)




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



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


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

market snapshot – february 2017 vs. february 2016 · inventory closed sales median price average...

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