market snapshot – january 2017 vs. january 2016 · market snapshot – january 2017 vs. january...

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Market Snapshot –January 2017 vs. January 2016

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Monterey 867 950 -9% 167 163 2% $565,000 $500,000 13% $938,072 $865,815 8% $156,658,105 $141,127,825 11% 67 70 -4% 238 241 -1% 96 96 0%

San Benito 156 157 -1% 30 47 -36% $550,000 $480,000 15% $607,107 $521,992 16% $18,213,200 $24,533,625 -26% 68 52 31% 49 45 9% 94 98 -4%

San Mateo 483 519 -7% 187 214 -13% $1,135,000 $1,077,500 5% $1,451,530 $1,331,139 9% $271,436,199 $284,863,795 -5% 36 34 6% 280 280 0% 102 103 -1%

Santa Clara 1240 1342 -8% 484 529 -9% $927,500 $895,000 4% $1,255,602 $1,087,630 15% $607,711,556 $575,767,543 6% 36 40 -10% 686 677 1% 100 102 -2%

Santa Cruz 313 328 -5% 115 96 20% $801,000 $694,500 15% $857,445 $743,483 15% $98,606,164 $71,374,415 38% 51 52 -2% 115 107 7% 97 97 0%

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Monterey 75 88 -15% 30 26 15% $363,750 $365,000 0% $454,789 $471,025 -3% $13,643,664 $12,246,640 11% 44 60 -27% 27 27 0% 97 97 0%

San Benito 14 4 250% 1 2 -50% $242,500 $307,750 -21% $242,500 $307,750 -21% $242,500 $615,500 -61% 31 13 138% 5 3 67% 97 100 -3%

San Mateo 161 169 -5% 67 72 -7% $682,000 $752,500 -9% $769,914 $802,330 -4% $51,584,247 $57,767,746 -11% 39 30 30% 107 102 5% 101 104 -3%

Santa Clara 501 462 8% 218 226 -4% $629,807 $570,000 10% $718,317 $655,877 10% $156,593,194 $148,228,091 6% 34 27 26% 328 298 10% 101 102 -1%

Santa Cruz 86 92 -7% 37 25 48% $485,000 $529,000 -8% $524,635 $581,116 -10% $19,411,503 $14,527,888 34% 49 66 -26% 40 44 -9% 97 97 0%

% to List Price Received

Condo/Townhouse Year over Year - January 2017 vs. January 2016


Single-Family Year-over-Year - January 2017 vs. January 2016

New 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 –January 2017 vs. December 2016

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Monterey 852 867 2% 221 167 -32% $497,000 $565,000 12% $852,057 $938,072 9% $188,304,520 $156,658,105 -20% 58 67 13% 137 238 42% 95 96 1%

San Benito 153 156 2% 38 30 -27% $475,000 $550,000 14% $515,455 $607,107 15% $19,587,299 $18,213,200 -8% 52 68 24% 27 49 45% 97 94 -3%

San Mateo 387 483 20% 311 187 -66% $1,340,000 $1,135,000 -18% $1,762,354 $1,451,530 -21% $548,092,034 $271,436,199 -102% 33 36 8% 120 280 57% 102 102 0%

Santa Clara 1092 1240 12% 738 484 -52% $965,000 $927,500 -4% $1,201,409 $1,255,602 4% $886,640,011 $607,711,556 -46% 35 36 3% 297 686 57% 100 100 0%

Santa Cruz 326 313 -4% 127 115 -10% $805,000 $801,000 0% $869,778 $857,445 -1% $110,461,820 $98,606,164 -12% 54 51 -6% 76 115 34% 95 97 2%

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Dec 2016

Jan 2017

% Change

Monterey 78 75 -4% 27 30 10% $375,000 $363,750 -3% $396,396 $454,789 13% $10,702,700 $13,643,664 22% 49 44 -11% 20 27 26% 95 97 2%

San Benito 11 14 21% 7 1 -600% $319,000 $242,500 -32% $337,121 $242,500 -39% $2,359,850 $242,500 -873% 51 31 -65% 3 5 40% 95 97 2%

San Mateo 133 161 17% 104 67 -55% $700,000 $682,000 -3% $775,904 $769,914 -1% $80,694,008 $51,584,247 -56% 37 39 5% 52 107 51% 100 101 1%

Santa Clara 391 501 22% 284 218 -30% $644,000 $629,807 -2% $716,604 $718,317 0% $203,515,592 $156,593,194 -30% 31 34 9% 130 328 60% 101 101 0%

Santa Cruz 89 86 -3% 36 37 3% $507,000 $485,000 -5% $547,416 $524,635 -4% $19,706,976 $19,411,503 -2% 37 49 24% 18 40 55% 98 97 -1%


Condo/Townhouse - Current Month vs. Prior Month - January 2017 vs. December 2016

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 - January 2017 vs. December 2016

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


Single Family + Condo/Townhouse Inventory, Closed Sales, New Listings - Home Counties: Jan ’03 – Jan ’17

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Inventory Closed Sales New Listings

Single Family + Condo/Townhome Inventory, Closed Sales, New ListingsJan ' 03 - Jan '17


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

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


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

100020003000400050006000700080009000

100001100012000130001400015000160001700018000

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


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

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


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

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7000

Jan-

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Jul-0

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Jan-

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Jan-

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6

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

San Mateo Santa Clara


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

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Jan

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Jan

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Jan

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Home Counties - Single Family InventoryJan (2004 - 2017)



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

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500

1000

1500

2000

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3000

3500

Jan-

04

Jul-0

4

Jan-

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Jan-

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Jul-0

6

Jan-

07

Jul-0

7

Jan-

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Jul-0

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Jan-

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Jul-0

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Jan-

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Jul-1

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Jan-

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Jul-1

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Jan-

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Jul-1

3

Jan-

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4

Jan-

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Jul-1

5

Jan-

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Jul-1

6

Jan-

17

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

Monterey San Benito Santa Cruz


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

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500

1000

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2500

3000

Jan

'04

Jan

'05

Jan

'06

Jan

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Jan

'08

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Jan

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Jan

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Home Counties - Single Family InventoryJan (2004 - 2017)



Single Family Inventory - Home Counties:Jan (2004 – 2017)

Monterey County San Benito

County San Mateo County Santa Clara

County Santa Cruz County

Jan '04 872 -0.6% 207 -24.6% 785 -38.5% 2324 -46.6% 565 -44.6%

Jan '05 852 1.8% 139 12.2% 530 -8.9% 1547 -19.8% 425 -26.4%

Jan '06 1705 -49.1% 237 -34.2% 839 -42.4% 2229 -44.4% 758 -58.7%

Jan '07 1987 -56.4% 352 -55.7% 926 -47.8% 2648 -53.2% 813 -61.5%

Jan '08 2480 -65.0% 466 -66.5% 1448 -66.6% 4563 -72.8% 965 -67.6%

Jan '09 2431 -64.3% 356 -56.2% 1452 -66.7% 4787 -74.1% 963 -67.5%

Jan '10 1433 -39.5% 237 -34.2% 1156 -58.2% 2939 -57.8% 691 -54.7%

Jan '11 1602 -45.9% 300 -48.0% 1400 -65.5% 3589 -65.4% 765 -59.1%

Jan '12 1320 -34.3% 229 -31.9% 1188 -59.3% 2715 -54.3% 738 -57.6%

Jan '13 882 -1.7% 123 26.8% 545 -11.4% 1169 6.1% 460 -32.0%

Jan '14 796 8.9% 127 22.8% 464 4.1% 1072 15.7% 409 -23.5%

Jan '15 923 -6.1% 155 0.6% 476 1.5% 1438 -13.8% 428 -26.9%

Jan '16 950 -8.7% 157 -0.6% 519 -6.9% 1342 -7.6% 328 -4.6%

Jan '17 867 156 483 1240 313

Home Counties - Single Family Inventory (2017 vs. Prior Years)


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

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

Mar '03 - Jan '17

San Mateo SF Santa Clara SF Santa Cruz SF


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

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

Mar '03 - Jan '17

Monterey SF San Benito SF


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

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Jan-

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Jul-0

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5

Jan-

16

Jul-1

6

Jan-

17

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



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

0

200

400

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800

1000

1200

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

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Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Home Counties - Single Family SalesJan (2004 - 2017)



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

0

50

100

150

200

250

300

350

400

450

500

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 SalesJan '04 to Jan '17



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

0

50

100

150

200

250

300

350

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

Home Counties - Single Family SalesJan (2004 - 2017)



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




Jan '04 175 -4.6% 51 -41.2% 350 -55.1% 849 -43.0% 160 -28.1%

Jan '05 234 -28.6% 45 -33.3% 294 -46.6% 839 -42.3% 154 -25.3%

Jan '06 142 17.6% 39 -23.1% 255 -38.4% 661 -26.8% 106 8.5%

Jan '07 125 33.6% 26 15.4% 265 -40.8% 611 -20.8% 113 1.8%

Jan '08 93 79.6% 16 87.5% 152 3.3% 337 43.6% 66 74.2%

Jan '09 283 -41.0% 53 -43.4% 163 -3.7% 570 -15.1% 80 43.8%

Jan '10 231 -27.7% 42 -28.6% 229 -31.4% 593 -18.4% 94 22.3%

Jan '11 211 -20.9% 43 -30.2% 233 -32.6% 640 -24.4% 94 22.3%

Jan '12 208 -19.7% 48 -37.5% 233 -32.6% 613 -21.0% 103 11.7%

Jan '13 199 -16.1% 44 -31.8% 244 -35.7% 545 -11.2% 103 11.7%

Jan '14 137 21.9% 35 -14.3% 236 -33.5% 468 3.4% 119 -3.4%

Jan '15 155 7.7% 31 -3.2% 157 0.0% 448 8.0% 90 27.8%

Jan '16 163 2.5% 47 -36.2% 214 -26.6% 529 -8.5% 96 19.8%

Jan '17 167 30 157 484 115



Single Family Total Sales Dollars – San Mateo and Santa Clara Counties: Jan ’04 – Jan ’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 Jan '17



Single Family Total Sales Dollars – San Mateo, Santa Clara Counties: Jan (2004 – 2017)

$100,000,000

$300,000,000

$500,000,000

$700,000,000

$900,000,000

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

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



Single Family Total Sales Dollars – Santa Cruz, Monterey, and San Benito Counties: Jan ’04 – Jan ’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 Jan '17



Single Family Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Jan (2004 – 2017)

$0

$40,000,000

$80,000,000

$120,000,000

$160,000,000

$200,000,000

$240,000,000

$280,000,000

$320,000,000

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

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



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




Jan '04 $115,146,350 36.1% $23,515,000 -22.5% $302,567,677 -10.3% $586,930,125 3.5% $104,433,907 -5.6%

Jan '05 $212,333,555 -26.2% $27,565,750 -33.9% $306,662,309 -11.5% $689,761,608 -11.9% $122,972,755 -19.8%

Jan '06 $140,353,729 11.6% $26,150,714 -30.4% $275,904,599 -1.6% $596,897,655 1.8% $86,333,499 14.2%

Jan '07 $139,996,050 11.9% $17,331,799 5.1% $293,965,375 -7.7% $581,731,859 4.5% $89,847,200 9.7%

Jan '08 $104,640,949 49.7% $8,243,500 120.9% $183,335,371 48.1% $338,770,476 79.4% $48,123,588 104.9%

Jan '09 $104,320,839 50.2% $15,783,500 15.4% $110,791,806 145.0% $319,613,737 90.1% $42,255,268 133.4%

Jan '10 $89,302,510 75.4% $15,182,000 20.0% $192,413,866 41.1% $394,703,793 54.0% $53,537,150 84.2%

Jan '11 $95,975,665 63.2% $12,687,000 43.6% $182,470,145 48.8% $422,635,000 43.8% $46,716,755 111.1%

Jan '12 $103,714,687 51.0% $14,311,936 27.3% $184,570,298 47.1% $397,370,039 52.9% $47,455,709 107.8%

Jan '13 $88,618,061 76.8% $15,893,500 14.6% $230,104,176 18.0% $449,175,293 35.3% $56,454,415 74.7%

Jan '14 $127,842,348 22.5% $15,083,900 20.7% $331,788,092 -18.2% $448,947,297 35.4% $87,301,600 12.9%

Jan '15 $110,438,413 41.9% $14,159,308 28.6% $237,776,342 14.2% $520,542,493 16.7% $65,127,550 51.4%

Jan '16 $141,127,825 11.0% $24,533,625 -25.8% $284,863,795 -4.7% $575,356,038 5.6% $71,374,415 38.2%

Jan '17 $156,658,105 $18,213,200 $271,436,199 $607,711,556 $98,606,164

Home Counties - Single Family Total Sales Dollars (2017 vs. Prior Years)


Single Family Median Prices – San Mateo, Santa Clara Counties: Jan ’04 – Jan ’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 Jan '17



Single Family New Listings – San Mateo, Santa Clara Counties: Jan (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

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

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



Single Family Median Prices – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Jan ’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 Jan '17



Single Family Median Prices – Monterey, San Benito, Santa Cruz Counties: Jan (2004 – 2017)

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

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


28

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




Jan '04 $499,000 13.2% $412,500 33.3% $680,000 66.9% $555,000 67.1% $583,750 37.2%Jan '05 $620,000 -8.9% $585,000 -6.0% $782,000 45.1% $664,000 39.7% $715,000 12.0%Jan '06 $685,000 -17.5% $640,000 -14.1% $850,000 33.5% $740,000 25.3% $729,500 9.8%Jan '07 $664,000 -14.9% $600,000 -8.3% $855,000 32.7% $740,000 25.3% $715,108 12.0%Jan '08 $500,000 13.0% $411,000 33.8% $875,000 29.7% $740,000 25.3% $608,000 31.7%Jan '09 $230,000 145.7% $265,000 107.5% $553,750 105.0% $450,000 106.1% $437,000 83.3%Jan '10 $250,000 126.0% $327,500 67.9% $650,000 74.6% $530,825 74.7% $480,000 66.9%Jan '11 $258,000 119.0% $280,000 96.4% $587,500 93.2% $530,000 75.0% $430,000 86.3%Jan '12 $285,000 98.2% $266,744 106.2% $580,000 95.7% $490,000 89.3% $425,000 88.5%Jan '13 $340,000 66.2% $310,500 77.1% $695,000 63.3% $660,000 40.5% $485,000 65.2%Jan '14 $429,500 31.5% $399,000 37.8% $992,500 14.4% $730,500 27.0% $609,950 31.3%Jan '15 $422,500 33.7% $430,000 27.9% $975,000 16.4% $824,440 12.5% $677,500 18.2%

Jan '16 $500,000 13.0% $480,000 14.6% $1,077,500 5.3% $895,000 3.6% $694,500 15.3%

Jan '17 $565,000 $550,000 $1,135,000 $927,500 $801,000




Single Family Average Price – San Mateo, Santa Clara Counties: Jan ’04 – Jan ’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 Jan '17



Single Family Average Price – San Mateo, Santa Clara Counties: Jan (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

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

Home Counties - Single Family Average PriceJan (2004 - 2017)



Single Family Average Price – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Jan ’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 Jan '17



Single Family Average Price - Home Counties:Jan (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

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Jan

'17

Home Counties - Single Family Average PriceJan (2004 - 2017)



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




Jan '04 $657,979 42.6% $461,078 31.7% $864,479 67.9% $691,319 81.6% $652,712 31.4%

Jan '05 $907,408 3.4% $612,572 -0.9% $1,043,069 39.2% $822,123 52.7% $798,524 7.4%

Jan '06 $988,407 -5.1% $670,531 -9.5% $1,081,979 34.2% $903,022 39.0% $814,467 5.3%

Jan '07 $1,119,968 -16.2% $666,608 -8.9% $1,109,303 30.9% $952,098 31.9% $795,108 7.8%

Jan '08 $1,139,519 -17.7% $515,218 17.8% $1,206,153 20.3% $1,005,253 24.9% $729,145 17.6%

Jan '09 $312,385 200.3% $297,801 103.9% $638,900 127.2% $561,711 123.5% $528,190 62.3%

Jan '10 $390,863 140.0% $361,476 68.0% $840,235 72.8% $666,729 88.3% $569,544 50.5%

Jan '11 $483,925 93.8% $295,046 105.8% $786,509 84.6% $661,400 89.8% $502,330 70.7%

Jan '12 $474,642 97.6% $298,165 103.6% $792,147 83.2% $648,238 93.7% $460,735 86.1%

Jan '13 $552,185 69.9% $361,215 68.1% $950,843 52.7% $825,689 52.1% $548,101 56.4%

Jan '14 $739,620 26.8% $430,968 40.9% $1,417,897 2.4% $959,289 30.9% $739,844 15.9%

Jan '15 $631,114 48.6% $468,364 29.6% $1,514,498 -4.2% $1,161,925 8.1% $723,639 18.5%

Jan '16 $865,815 8.3% $521,992 16.3% $1,331,139 9.0% $1,087,630 15.4% $743,483 15.3%

Jan '17 $938,072 $607,107 $1,451,530 $1,255,602 $857,445



Single Family + Condo/Townhouse New Listings –San Mateo, Santa Clara Counties: Jan ’04 – Jan ’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 Jan '17



Single Family New Listings – San Mateo, Santa Clara Counties: Jan (2004 – 2017)

0

200

400

600

800

1000

1200

1400

1600

1800

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Home Counties - Single Family New ListingsJan (2004 - 2017)



Single Family New Listings – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Jan ’17

0

100

200

300

400

500

600

700

800Ja

n-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 Jan '17



Single Family New Listings – Monterey, San Benito, Santa Cruz Counties: Jan (2004 – 2017)

0

100

200

300

400

500

600

700

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Home Counties - Single Family New ListingsJan (2004 - 2017)


38

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




Jan '04 328 -27.4% 99 -50.5% 538 -48.0% 1559 -56.0% 211 -45.5%

Jan '05 355 -33.0% 85 -42.4% 504 -44.4% 1337 -48.7% 243 -52.7%

Jan '06 518 -54.1% 92 -46.7% 508 -44.9% 1569 -56.3% 318 -63.8%

Jan '07 475 -49.9% 97 -49.5% 491 -43.0% 1355 -49.4% 239 -51.9%

Jan '08 520 -54.2% 103 -52.4% 561 -50.1% 1629 -57.9% 235 -51.1%

Jan '09 604 -60.6% 87 -43.7% 530 -47.2% 1590 -56.9% 235 -51.1%

Jan '10 468 -49.1% 67 -26.9% 484 -42.1% 1321 -48.1% 208 -44.7%

Jan '11 420 -43.3% 84 -41.7% 545 -48.6% 1265 -45.8% 213 -46.0%

Jan '12 346 -31.2% 66 -25.8% 436 -35.8% 1137 -39.7% 219 -47.5%

Jan '13 294 -19.0% 54 -9.3% 332 -15.7% 816 -15.9% 144 -20.1%

Jan '14 279 -14.7% 41 19.5% 341 -17.9% 798 -14.0% 157 -26.8%

Jan '15 206 15.5% 46 6.5% 243 15.2% 709 -3.2% 125 -8.0%

Jan '16 241 -1.2% 45 8.9% 280 0.0% 677 1.3% 107 7.5%

Jan '17 238 49 280 686 115




Condo/Townhouse Total Sales Dollars – San Mateo and Santa Clara Counties: Jan ’04 – Jan ’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 Jan '17



Condo/Townhouse Total Sales Dollars – San Mateo, Santa Clara Counties: Jan (2004 – 2017)

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Home Counties - Condo/Townhouse Total Sales DollarsJan (2004 - 2017)



Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Jan ’04 – Jan ’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 Jan '17



Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties: Jan (2004 – 2017)

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

Jan

'04

Jan

'05

Jan

'06

Jan

'07

Jan

'08

Jan

'09

Jan

'10

Jan

'11

Jan

'12

Jan

'13

Jan

'14

Jan

'15

Jan

'16

Home Counties - Condo/Townhouse Total Sales DollarsJan (2004 - 2017)



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




Jan '04 $9,098,250 50.0% $561,000 -56.8% $50,949,130 1.2% $141,919,931 10.3% $7,845,260 147.4%

Jan '05 $10,969,500 24.4% $1,619,000 -85.0% $46,247,696 11.5% $153,212,039 2.2% $19,105,900 1.6%

Jan '06 $7,449,500 83.1% $833,000 -70.9% $53,303,214 -3.2% $144,904,654 8.1% $23,991,301 -19.1%

Jan '07 $10,601,826 28.7% $415,000 -41.6% $51,476,150 0.2% $146,271,762 7.1% $12,130,888 60.0%

Jan '08 $13,140,000 3.8% $265,000 -8.5% $27,488,252 87.7% $72,252,119 116.7% $5,379,000 260.9%

Jan '09 $2,891,400 371.9% $139,000 74.5% $23,545,709 119.1% $45,989,153 240.5% $6,447,650 201.1%

Jan '10 $5,855,442 133.0% $225,000 7.8% $28,886,460 78.6% $85,534,059 83.1% $7,896,000 145.8%

Jan '11 $4,747,238 187.4% $775,400 -68.7% $31,316,036 64.7% $72,953,658 114.6% $6,772,350 186.6%

Jan '12 $3,507,500 289.0% $448,000 -45.9% $28,451,478 81.3% $73,122,837 114.2% $5,609,750 246.0%

Jan '13 $4,252,000 220.9% $356,000 -31.9% $26,848,288 92.1% $106,191,037 47.5% $5,977,954 224.7%

Jan '14 $6,916,000 97.3% $0 n/a $42,707,632 20.8% $114,951,119 36.2% $10,355,400 87.5%

Jan '15 $7,699,700 77.2% $885,000 -72.6% $41,480,548 24.4% $116,206,728 34.8% $7,244,900 167.9%

Jan '16 $12,246,640 11.4% $615,500 -60.6% $57,767,746 -10.7% $148,228,091 5.6% $14,527,888 33.6%

Jan '17 $13,643,664 $242,500 $51,584,247 $156,593,194 $19,411,503



Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz: Mar ’03 - Jan ’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

20.0

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 - Jan '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 – Jan ’17 (Rolling Three Month Average)

0.0

4.0

8.0

12.0

16.0

20.0

24.0

28.0

32.0

36.0M

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 - Jan '17

Monterey C/T San Benito C/T

San Benito Jan - Apr '09 ave. 60 days removed for graph purpose

market snapshot – january 2017 vs. january 2016 · market snapshot – january 2017 vs. january...

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