august 2015 - market snapshot - general overview

MLSListings Inc Confidential Copyright 2015 1

Market Snapshot – Aug 2015 vs. Aug 2014

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014 % Change

Monterey 1210 994 22% 213 210 1% $470,000 $488,750 -4% $695,319 $696,261 0% $148,102,949 $146,215,013 1% 57 73 -22% 330 321 3% 98 97 1%

San Benito 178 168 6% 32 37 -14% $456,000 $424,900 7% $496,192 $481,637 3% $15,878,145 $17,820,600 -11% 25 34 -26% 53 53 0% 100 98 2%

San Mateo 893 671 33% 389 408 -5% $1,235,000 $1,000,000 24% $1,609,066 $1,329,916 21% $625,926,621 $539,946,100 16% 20 31 -35% 473 450 5% 109 105 4%

Santa Clara 2464 1786 38% 987 858 15% $970,000 $875,000 11% $1,249,450 $1,158,757 8% $1,233,207,623 $991,896,414 24% 25 28 -11% 1204 1098 10% 105 103 2%

Santa Cruz 694 646 7% 175 181 -3% $715,000 $650,000 10% $800,928 $735,951 9% $140,162,462 $133,207,244 5% 38 36 6% 243 219 11% 100 100 0%

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014

% Change

Aug 2015

Aug 2014 % Change

Monterey 80 101 -21% 31 26 19% $455,000 $309,500 47% $443,919 $324,607 37% $13,761,500 $8,439,800 63% 62 44 41% 30 41 -27% 98 99 -1%

San Benito 8 11 -27% 3 4 -25% $371,500 $237,650 56% $353,333 $256,875 38% $1,060,000 $1,027,500 3% 43 63 -32% 3 6 -50% 99 98 1%

San Mateo 191 216 -12% 99 124 -20% $723,000 $622,000 16% $770,281 $653,796 18% $76,257,859 $81,070,740 -6% 18 18 0% 140 166 -16% 109 104 5%

Santa Clara 641 637 1% 414 362 14% $615,000 $550,000 12% $685,665 $596,799 15% $283,865,237 $215,444,551 32% 18 24 -25% 446 443 1% 106 103 3%

Santa Cruz 107 148 -28% 49 45 9% $450,000 $400,000 13% $521,674 $473,088 10% $25,562,046 $21,289,000 20% 42 45 -7% 40 53 -25% 100 100 0%

% to List Price Received

Condo/Townhouse Year over Year - August 2015 vs. August 2014


Single Family Year over Year - August 2015 vs. August 2014New Listings

Total Dollars 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


Market Snapshot – Aug 2015 vs. Jul 2015

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015 % Change

Monterey 1128 1210 7% 281 213 -32% $485,000 $470,000 -3% $741,183 $695,319 -7% $209,013,551 $148,102,949 -41% 58 57 -2% 336 330 -2% 98 98 0%

San Benito 161 178 10% 57 32 -78% $450,000 $456,000 1% $524,063 $496,192 -6% $29,871,588 $15,878,145 -88% 69 25 -176% 71 53 -34% 99 100 1%

San Mateo 842 893 6% 441 389 -13% $1,300,000 $1,235,000 -5% $1,653,193 $1,609,066 -3% $729,058,010 $625,926,621 -16% 21 20 -5% 486 473 -3% 110 109 -1%

Santa Clara 2447 2464 1% 1099 987 -11% $965,000 $970,000 1% $1,234,265 $1,249,450 1% $1,357,691,180 $1,233,207,623 -10% 23 25 8% 1393 1204 -16% 105 105 0%

Santa Cruz 687 694 1% 227 175 -30% $750,000 $715,000 -5% $829,653 $800,928 -4% $188,331,205 $140,162,462 -34% 45 38 -18% 266 243 -9% 99 100 1%

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015

% Change

Jul 2015

Aug 2015 % Change

Monterey 89 80 -11% 43 31 -39% $374,000 $455,000 18% $541,282 $443,919 -22% $23,275,137 $13,761,500 -69% 44 62 29% 25 30 17% 99 98 -1%

San Benito 7 8 13% 2 3 33% $314,000 $371,500 15% $314,000 $353,333 11% $628,000 $1,060,000 41% 3 43 93% 9 3 -200% 103 99 -4%

San Mateo 171 191 10% 122 99 -23% $708,000 $723,000 2% $756,692 $770,281 2% $91,559,682 $76,257,859 -20% 18 18 0% 130 140 7% 106 109 3%

Santa Clara 672 641 -5% 434 414 -5% $635,000 $615,000 -3% $697,064 $685,665 -2% $302,525,730 $283,865,237 -7% 18 18 0% 499 446 -12% 107 106 -1%

Santa Cruz 126 107 -18% 62 49 -27% $457,539 $450,000 -2% $468,577 $521,674 10% $29,051,777 $25,562,046 -14% 38 42 10% 61 40 -53% 101 100 -1%


Condo/Townhouse - Current Month vs. Prior Month - August 2015 vs. July 2015

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

Total Dollars Days on Market New Listings

Single Family - Current Month vs. Prior Month - August 2015 vs. July 2015

County Inventory Closed Sales Median Price Average Price % to List Price Received


Single Family + Condo/Townhouse Inventory, Closed Sales, New Listings - Home CountiesJan ’03 – Aug ’15


Single Family + Condo/Townhouse Inventory - Home CountiesJan ’03 – Aug ’15


Single Family + Condo/Townhouse Inventory - Home CountiesJan ’05 – Aug ’15

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Jan 4223 7295 8588 12447 12693 8558 10330 8140 3179 3578 4175

Feb 4839 8023 9184 13528 13079 9650 10803 8231 4296 3924 3932

Mar 5502 8827 10357 14355 13240 10910 11127 7991 4286 4322 5515

Apr 6434 9722 11812 15513 12806 11773 11506 7630 4765 4776 5944

May 7020 10819 12923 15787 11749 11903 11730 7712 5222 3520 6069

Jun 7189 11493 13287 15802 11104 12691 11740 7570 5616 5322 5233

Jul 7878 12317 13910 15948 10763 13016 11372 7306 5950 4389 6330

Aug 8030 12122 14275 15356 10044 13072 11201 7116 5850 5378 5439

Sep 8798 12239 13943 15192 9823 13294 10944 6523 5806 5290

Oct 8946 11490 14020 15070 9295 12440 10241 6173 5384 4863

Nov 8252 9968 13308 13849 8724 11500 9482 5292 4592 3925

Dec 6372 7874 11420 12221 7778 9825 7790 3901 3198 3174

Aug '05 8030Aug '06 12122Aug '07 14275Aug '08 15356Aug '09 10044Aug '10 13072Aug '11 11201Aug '12 7116Aug '13 5850Aug '14 5378Aug '15 5439

Home Counties Inventory

-32.3%-55.1%-61.9%-64.6%-45.8%-58.4%-51.4%-23.6%-7.0%1.1%

Home Counties - Single Family + Condo/Townhouse Inventory

Variance to prior Years

02000400060008000

10000120001400016000

Aug'05

Aug'06

Aug'07

Aug'08

Aug'09

Aug'10

Aug'11

Aug'12

Aug'13

Aug'14

Aug'15

15356

5439


Single Family Inventory – San Mateo, Santa Clara CountiesJan ’04 – Aug ’15


Single Family Inventory – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ’15


Single Family Inventory - Home CountiesAug (2004 – 2015)


Single Family Inventory - Home CountiesAug (2004 – 2015)

Monterey County San Benito

County San Mateo County Santa Clara

County Santa Cruz County

Aug '04 1087 11.3% 212 -16.0% 1066 -16.2% 2912 -15.4% 821 -15.5%

Aug '05 1489 -18.7% 250 -28.8% 1095 -18.4% 2816 -12.5% 884 -21.5%

Aug '06 2507 -51.7% 410 -56.6% 1443 -38.1% 3889 -36.6% 1355 -48.8%

Aug '07 2892 -58.2% 488 -63.5% 1685 -47.0% 4893 -49.6% 1326 -47.7%

Aug '08 2740 -55.8% 484 -63.2% 1773 -49.6% 5963 -58.7% 1283 -45.9%

Aug '09 1548 -21.8% 237 -24.9% 1486 -39.9% 3558 -30.7% 966 -28.2%

Aug '10 1899 -36.3% 306 -41.8% 1980 -54.9% 4720 -47.8% 1102 -37.0%

Aug '11 1681 -28.0% 304 -41.4% 1733 -48.5% 3906 -36.9% 1014 -31.6%

Aug '12 1204 0.5% 209 -14.8% 1063 -16.0% 2371 3.9% 822 -15.6%

Aug '13 984 23.0% 156 14.1% 814 9.7% 1956 26.0% 679 2.2%

Aug '14 994 21.7% 168 6.0% 671 33.1% 1786 38.0% 646 7.4%

Aug '15 1210 178 893 2464 694

Home Counties - Single Family Inventory (2015 vs. Prior Years)


Single Family Months of Inventory – San Mateo, Santa Clara, Santa CruzMar ’03 – Aug ’15 (Rolling Three Month Average)


Single Family Months of Inventory – Monterey and San Benito CountiesMar ’03 – Aug ’15 (Rolling Three Month Average)


Single Family Market Outlook – Home CountiesAug ’14 vs. Aug ’15


Single Family + Condo/Townhouse Closed Sales – Home CountiesJan ’03 – Aug ’15


Single Family + Condo/Townhouse Closed Sales - Home CountiesJan ’05 – Aug ’15

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Jan 2078 1638 1539 877 1390 1529 1574 1552 1460 1330 1182

Feb 2048 1762 1658 1063 1497 1537 1648 1785 1597 1371 921

Mar 3210 2775 2248 1388 1916 2197 2399 2520 2289 1882 2068

Apr 3407 2595 2101 1664 2158 2245 2329 2517 2468 2402 2527

May 3376 2706 2270 1953 2355 2805 2369 2885 2780 2484 2407

Jun 3836 2847 2353 2123 2808 2592 2633 2639 2543 2456 2045

Jul 3396 2446 2136 2230 2788 2299 2238 2457 2643 1933 2769

Aug 3538 2668 1962 2244 2421 2196 2446 2525 2559 2255 2392

Sep 3312 2186 1223 2127 2503 2037 2144 2194 2258 2270

Oct 2881 2219 1426 2114 2577 1994 2008 2456 2404 2312

Nov 2667 2182 1328 1594 2138 1930 2038 2273 1899 1787

Dec 2408 2066 1201 1810 2325 2234 2201 2230 1859 1371


Home Counties Closed Sales


Home Counties - Single Family + Condo/Townhouse Closed Sales

8.9%-2.2%-5.3%-6.5%

-32.4%-10.3%21.9%6.6%

6.1%

-1.2%

0500

1000150020002500300035004000

Aug'05

Aug'06

Aug'07

Aug'08

Aug'09

Aug'10

Aug'11

Aug'12

Aug'13

Aug'14

Aug'15

3538

2392


Single Family Closed Sales – San Mateo, Santa Clara CountiesJan ’04 – Aug ’15


Single Family Closed Sales – San Mateo, Santa Clara CountiesAug (2004 – 2015)


Single Family Closed Sales – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ’15


Single Family Closed Sales – Monterey, San Benito, Santa Cruz CountiesAug (2004 – 2015)


Single Family Closed Sales – Home CountiesAug (2004 – 2015)




Aug '04 328 -35.1% 75 -57.3% 560 -30.5% 1547 -36.2% 257 -31.9%

Aug '05 319 -33.2% 78 -59.0% 592 -34.3% 1404 -29.7% 228 -23.2%

Aug '06 202 5.4% 39 -17.9% 464 -16.2% 1080 -8.6% 185 -5.4%

Aug '07 127 67.7% 21 52.4% 371 4.9% 787 25.4% 137 27.7%

Aug '08 319 -33.2% 62 -48.4% 376 3.5% 893 10.5% 153 14.4%

Aug '09 361 -41.0% 43 -25.6% 365 6.6% 979 0.8% 160 9.4%

Aug '10 274 -22.3% 27 18.5% 394 -1.3% 864 14.2% 150 16.7%

Aug '11 269 -20.8% 41 -22.0% 430 -9.5% 991 -0.4% 164 6.7%

Aug '12 257 -17.1% 46 -30.4% 422 -7.8% 1023 -3.5% 196 -10.7%

Aug '13 218 -2.3% 44 -27.3% 419 -7.2% 990 -0.3% 191 -8.4%

Aug '14 210 1.4% 37 -13.5% 408 -4.7% 858 15.0% 181 -3.3%

Aug '15 213 32 389 987 175

Home Counties - Single Family Sales (2015 vs. Prior Years)


Single Family Total Sales Dollars – San Mateo and Santa Clara CountiesJan ’04 – Aug ’15


Single Family Total Sales Dollars – San Mateo, Santa Clara CountiesAug (2004 – 2015)


Single Family Total Sales Dollars – Santa Cruz, Monterey, and San Benito CountiesJan ’04 – Aug ’15


Single Family Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties

Aug (2004 – 2015)


Single Family Total Sales Volume – Home CountiesAug (2004 – 2015)




Aug '04 $216,807,098 -31.7% $41,996,243 -62.2% $555,934,304 12.6% $1,148,599,581 7.4% $190,337,321 -26.4%

Aug '05 $277,408,894 -46.6% $53,533,365 -70.3% $665,670,583 -6.0% $1,297,901,625 -5.0% $197,942,019 -29.2%

Aug '06 $191,281,300 -22.6% $28,910,199 -45.1% $510,369,288 22.6% $1,019,524,309 21.0% $157,795,655 -11.2%

Aug '07 $134,367,225 10.2% $21,420,575 -25.9% $434,235,019 44.1% $853,664,556 44.5% $121,868,583 15.0%

Aug '08 $141,173,604 4.9% $20,999,900 -24.4% $370,591,052 68.9% $757,529,743 62.8% $104,069,935 34.7%

Aug '09 $119,093,055 24.4% $12,584,300 26.2% $308,879,963 102.6% $682,020,325 80.8% $84,003,213 66.9%

Aug '10 $103,284,475 43.4% $8,145,739 94.9% $395,896,062 58.1% $699,765,751 76.2% $86,723,995 61.6%

Aug '11 $122,644,762 20.8% $11,899,647 33.4% $404,948,109 54.6% $758,617,125 62.6% $91,480,895 53.2%

Aug '12 $115,804,973 27.9% $17,213,007 -7.8% $452,279,035 38.4% $878,463,947 40.4% $115,242,907 21.6%

Aug '13 $144,686,100 2.4% $18,019,899 -11.9% $504,702,571 24.0% $1,004,467,681 22.8% $128,050,306 9.5%

Aug '14 $165,826,383 -10.7% $17,820,600 -10.9% $539,946,100 15.9% $991,896,414 24.3% $133,207,244 5.2%

Aug '15 $148,102,949 $15,878,145 $625,926,621 $1,233,207,623 $140,162,462

Home Counties - Single Family Total Sales Dollars (2015 vs. Prior Years)


Single Family + Condo/Townhouse New Listings - Home CountiesJan ’03 – Aug ’15


Single Family + Condo/Townhouse New Listings - Home CountiesJan ’04 – Aug ’15


Single Family New Listings – San Mateo, Santa Clara CountiesAug ’04 – Aug ’15


Single Family New Listings – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ’15


Single Family New Listings – Monterey, San Benito, Santa Cruz CountiesAug ’04 – Aug ’15


Single Family New Listings - Home CountiesAug (2004 – 2015)




Aug '04 442 -25.3% 103 -48.5% 674 -29.8% 2044 -41.1% 387 -37.2%

Aug '05 648 -49.1% 131 -59.5% 749 -36.8% 2168 -44.5% 445 -45.4%

Aug '06 625 -47.2% 132 -59.8% 730 -35.2% 2114 -43.0% 468 -48.1%

Aug '07 556 -40.6% 119 -55.5% 680 -30.4% 1952 -38.3% 313 -22.4%

Aug '08 654 -49.5% 113 -53.1% 588 -19.6% 1820 -33.8% 280 -13.2%

Aug '09 478 -31.0% 86 -38.4% 566 -16.4% 1419 -15.2% 249 -2.4%

Aug '10 449 -26.5% 88 -39.8% 616 -23.2% 1614 -25.4% 253 -4.0%

Aug '11 269 22.7% 41 29.3% 430 10.0% 991 21.5% 164 48.2%

Aug '12 334 -1.2% 75 -29.3% 521 -9.2% 1170 2.9% 220 10.5%

Aug '13 327 0.9% 73 -27.4% 507 -6.7% 1205 -0.1% 244 -0.4%

Aug '14 321 2.8% 53 0.0% 450 5.1% 1098 9.7% 219 11.0%

Aug '15 330 53 473 1204 243

Home Counties - Single Family New Listings (2015 vs. Prior Years)


Single Family New Listings - Home CountiesJan ‘05 – Aug ‘15

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Jan 3291 4061 3519 3947 3907 3334 3380 2890 2170 2164 1727

Feb 3561 4080 3508 4353 3867 3711 3373 3011 2534 2496 1616

Mar 4912 5140 4828 4785 4397 4649 3953 3313 3011 3081 3129

Apr 5359 4787 4745 5185 3909 4613 3916 3151 3499 3380 3324

May 5224 6019 5279 4934 3636 4044 3986 3551 3592 3520 3298

Jun 5392 6152 4894 4840 3820 4423 3784 3132 3358 3209 2480

Jul 5210 5523 4747 4530 3915 4089 3429 3096 3529 2420 3204

Aug 5450 5356 4720 4344 3612 3867 3342 2941 3163 2850 2962

Sep 5544 4810 4143 4632 3608 3726 3095 2619 3016 2924

Oct 5106 3763 4202 4468 3480 3267 2988 2732 2650 2497

Nov 3648 2646 3034 3098 2700 2657 2355 1923 1774 1531

Dec 1929 1666 2223 2656 2219 2088 1724 1237 1113 705


-18.0%-23.4%


Home Counties New Listings

-45.7%

-11.4%0.7%-6.4%

-44.7%-37.2%-31.8%

Home Counties - Single Family + Condo/Townhouse New Listings

3.9%

0

1000

2000

3000

4000

5000

6000

Aug'05

Aug'06

Aug'07

Aug'08

Aug'09

Aug'10

Aug'11

Aug'12

Aug'13

Aug'14

Aug'15

5450

2962


Single Family Median Prices – San Mateo, Santa Clara CountiesJan ’04 – Aug ’15


Single Family Median Prices – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ’15


Single Family Median Prices - Home CountiesAug (2004 – 2015)


Single Family Median Prices - Home CountiesAug (2004 – 2015)




Aug '04 $555,000 -15.3% $530,000 -14.0% $779,000 58.5% $625,000 55.2% $639,000 11.9%Aug '05 $690,000 -31.9% $605,000 -24.6% $890,000 38.8% $760,000 27.6% $783,000 -8.7%Aug '06 $675,000 -30.4% $599,900 -24.0% $850,000 45.3% $770,000 26.0% $765,000 -6.5%Aug '07 $799,500 -41.2% $560,000 -18.6% $950,000 30.0% $860,000 12.8% $790,000 -9.5%Aug '08 $305,000 54.1% $307,500 48.3% $795,000 55.3% $651,750 48.8% $585,000 22.2%Aug '09 $235,000 100.0% $270,000 68.9% $682,500 81.0% $560,000 73.2% $497,750 43.6%Aug '10 $260,000 80.8% $280,000 62.9% $790,000 56.3% $629,500 54.1% $522,500 36.8%Aug '11 $252,000 86.5% $252,000 81.0% $750,000 64.7% $600,000 61.7% $490,000 45.9%Aug '12 $320,000 46.9% $335,500 35.9% $780,000 58.3% $671,250 44.5% $540,000 32.4%Aug '13 $416,000 13.0% $387,000 17.8% $989,500 24.8% $815,000 19.0% $630,000 13.5%Aug '14 $488,750 -3.8% $424,900 7.3% $1,000,000 23.5% $875,000 10.9% $650,000 10.0%

Aug '15 $470,000 $456,000 $1,235,000 $970,000 $715,000

Home Counties - Single Family Median Price (2015 vs. Prior Years)


Single Family + Condo/Townhouse Median Price - Home CountiesJan ’05 – Aug ’15

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015Jan $625,000 $695,000 $699,000 $660,000 $380,000 $450,000 $435,500 $415,000 $540,000 $640,000 $683,000

Feb $651,000 $699,950 $705,000 $680,000 $381,000 $465,400 $420,000 $438,875 $555,000 $668,000 $823,188

Mar $669,000 $707,000 $740,000 $677,750 $369,000 $499,900 $460,000 $475,000 $615,000 $729,000 $840,000

Apr $685,000 $704,865 $775,000 $655,000 $404,000 $500,000 $480,000 $502,500 $676,250 $735,000 $825,000

May $685,000 $725,000 $775,000 $650,000 $415,000 $522,500 $477,750 $527,500 $688,945 $748,500 $850,000

Jun $708,000 $740,000 $768,500 $639,000 $460,000 $525,500 $515,000 $559,000 $670,000 $765,000 $837,375

Jul $700,000 $725,000 $759,975 $595,000 $487,750 $535,000 $484,500 $565,000 $692,000 $718,000 $835,000

Aug $710,000 $720,000 $761,000 $545,445 $476,000 $510,500 $490,000 $560,000 $670,000 $738,000 $825,000

Sep $695,000 $715,000 $750,000 $490,000 $469,825 $500,000 $465,000 $560,000 $670,000 $730,000

Oct $699,000 $711,500 $758,000 $477,200 $487,944 $500,000 $455,000 $567,000 $668,150 $750,000

Nov $700,000 $709,000 $750,000 $435,000 $500,000 $492,000 $437,500 $565,000 $659,250 $745,000

Dec $690,500 $695,000 $702,900 $410,000 $480,000 $463,750 $440,000 $563,000 $655,000 $801,000

Aug '05 $710,000Aug '06 $720,000Aug '07 $761,000Aug '08 $545,445Aug '09 $476,000Aug '10 $510,500Aug '11 $490,000Aug '12 $560,000Aug '13 $670,000Aug '14 $738,000Aug '15 $825,000

47.3%23.1%

8.4%51.3%73.3%61.6%68.4%

11.8%

Home Counties Median Price


16.2%14.6%

Home Counties - Single Family + Condo/Townhouse Median Price

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

Aug'05

Aug'06

Aug'07

Aug'08

Aug'09

Aug'10

Aug'11

Aug'12

Aug'13

Aug'14

Aug'15

$761,000$825,000


Single Family Average Price – San Mateo, Santa Clara CountiesJan ’04 – Aug ’15


Single Family Average Price – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ’15


Single Family Average Price - Home CountiesAug (2004 – 2015)


Single Family Average Price - Home CountiesAug (2004 – 2015)




Aug '04 $660,997 5.2% $559,950 -11.4% $992,740 62.1% $742,469 68.3% $740,612 8.1%

Aug '05 $869,620 -20.0% $686,325 -27.7% $1,124,444 43.1% $924,431 35.2% $868,167 -7.7%

Aug '06 $946,937 -26.6% $741,287 -33.1% $1,099,934 46.3% $944,004 32.4% $852,949 -6.1%

Aug '07 $1,058,010 -34.3% $1,020,027 -51.4% $1,170,445 37.5% $1,084,707 15.2% $889,552 -10.0%

Aug '08 $454,188 53.1% $338,708 46.5% $848,297 89.7% $985,614 26.8% $680,195 17.7%

Aug '09 $391,965 77.4% $292,658 69.5% $848,571 89.6% $697,262 79.2% $525,020 52.6%

Aug '10 $403,319 72.4% $301,694 64.5% $1,007,369 59.7% $809,914 54.3% $578,159 38.5%

Aug '11 $441,707 57.4% $290,235 71.0% $943,934 70.5% $766,279 63.1% $557,810 43.6%

Aug '12 $577,974 20.3% $374,195 32.6% $1,079,424 49.1% $859,553 45.4% $587,974 36.2%

Aug '13 $613,770 13.3% $409,543 21.2% $1,219,088 32.0% $1,018,729 22.6% $670,420 19.5%

Aug '14 $696,261 -0.1% $481,637 3.0% $1,329,916 21.0% $1,158,757 7.8% $735,951 8.8%

Aug '15 $695,319 $496,192 $1,609,066 $1,249,450 $800,928

Home Counties - Single Family Average Price (2015 vs. Prior Years)


Condo/Townhouse Market Outlook – Home CountiesAug ’14 vs. Aug ’15


Condo/Townhouse Total Sales Dollars – San Mateo and Santa Clara CountiesJan ’04 – Aug ’15


Condo/Townhouse Total Sales Dollars – San Mateo, Santa Clara CountiesAug ’04 – Aug ’15


Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz CountiesJan ’04 – Aug ‘15


Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz CountiesAug (2004 – 2015)


Condo/Townhouse Total Sales Dollars – Home CountiesAug (2004 – 2015)




Aug '04 $216,807,098 -31.7% $41,996,243 -62.2% $555,934,304 12.6% $1,148,599,581 7.4% $190,337,321 -26.4%

Aug '05 $277,408,894 -46.6% $53,533,365 -70.3% $665,670,583 -6.0% $1,297,901,625 -5.0% $197,942,019 -29.2%

Aug '06 $191,281,300 -22.6% $28,910,199 -45.1% $510,369,288 22.6% $1,019,524,309 21.0% $157,795,655 -11.2%

Aug '07 $134,367,225 10.2% $21,420,575 -25.9% $434,235,019 44.1% $853,664,556 44.5% $121,868,583 15.0%

Aug '08 $141,173,604 4.9% $20,999,900 -24.4% $370,591,052 68.9% $757,529,743 62.8% $104,069,935 34.7%

Aug '09 $119,093,055 24.4% $12,584,300 26.2% $308,879,963 102.6% $682,020,325 80.8% $84,003,213 66.9%

Aug '10 $103,284,475 43.4% $8,145,739 94.9% $395,896,062 58.1% $699,765,751 76.2% $86,723,995 61.6%

Aug '11 $122,644,762 20.8% $11,899,647 33.4% $404,948,109 54.6% $758,617,125 62.6% $91,480,895 53.2%

Aug '12 $115,804,973 27.9% $17,213,007 -7.8% $452,279,035 38.4% $878,463,947 40.4% $115,242,907 21.6%

Aug '13 $144,686,100 2.4% $18,019,899 -11.9% $504,702,571 24.0% $1,004,467,681 22.8% $128,050,306 9.5%

Aug '14 $165,826,383 -10.7% $17,820,600 -10.9% $539,946,100 15.9% $991,896,414 24.3% $133,207,244 5.2%

Aug '15 $148,102,949 $15,878,145 $625,926,621 $1,233,207,623 $140,162,462

Home Counties - Single Family Total Sales Dollars (2015 vs. Prior Years)


Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz Mar ’03 – Aug ’15 (Rolling Three Month Average)


Condo/Townhouse Months of Inventory – Monterey and San Benito CountiesMar ’03 – Aug ’15 (Rolling Three Month Average)

august 2015 - market snapshot - general overview

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