may 2015 - market snapshot - general overview
TRANSCRIPT
MLSListings Inc Confidential Copyright 2015 1
Market Snapshot – May 2015 vs. May 2014
* Inventory defined as the total of Active + Pending + Contingent Listings
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
Monterey 919 932 -1% 212 242 -12% $539,500 $462,500 17% $862,890 $811,576 6% $182,932,721 $196,401,438 -7% 63 61 3% 315 291 8%
San Benito 138 157 -12% 47 48 -2% $444,985 $417,500 7% $496,281 $454,229 9% $23,325,185 $21,803,003 7% 37 44 -16% 62 60 3%
San Mateo 825 763 8% 380 421 -10% $1,347,500 $1,126,500 20% $1,720,450 $1,520,146 13% $653,771,131 $638,461,458 2% 18 30 -40% 498 619 -20%
Santa Clara 2343 1779 32% 1006 990 2% $997,500 $888,888 12% $1,304,465 $1,180,399 11% $1,312,291,582 $1,166,234,750 13% 20 23 -13% 1388 1449 -4%
Santa Cruz 632 622 2% 180 161 12% $695,000 $684,000 2% $796,541 $802,707 -1% $143,377,298 $129,235,842 11% 48 50 -4% 286 262 9%
* Inventory defined as the total of Active + Pending + Contingent Listings
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
May 2015
May 2014
% Change
Monterey 104 93 12% 30 31 -3% $472,500 $415,000 14% $487,842 $435,429 12% $14,635,250 $13,498,325 8% 56 40 40% 32 31 3%
San Benito 4 8 -50% 1 6 -83% $375,000 $313,000 20% $375,000 $299,609 25% $375,000 $1,797,658 -79% 56 31 81% 3 5 -40%
San Mateo 230 181 27% 112 132 -15% $722,500 $635,000 14% $770,819 $645,586 19% $86,331,688 $85,217,443 1% 15 19 -21% 148 187 -21%
Santa Clara 733 605 21% 388 413 -6% $617,500 $545,000 13% $676,690 $591,304 14% $262,555,788 $244,208,579 8% 15 19 -21% 502 557 -10%
Santa Cruz 141 137 3% 51 40 28% $475,000 $397,750 19% $493,368 $461,260 7% $25,161,784 $18,450,400 36% 25 46 -46% 64 59 8%
Single Family - May 2015 vs. May 2014
County
Inventory * Closed Sales Median Price Average Price Total Dollars Days on Market New Listings
Condo/Townhouse - May 2015 vs. May 2014
County Inventory Closed Sales Median Price Average Price Total Dollars Days on Market New Listings
MLSListings Inc Confidential Copyright 2015 2
Market Snapshot – May 2015 vs. Apr 2015
* Inventory defined as the total of Active + Pending + Contingent Listings
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Monterey 924 919 -1% 217 212 -2% $460,000 $539,500 17% $698,799 $862,890 23% $151,639,388 $182,932,721 21% 76 63 -17% 316 315 0%
San Benito 142 138 -3% 50 47 -6% $465,000 $444,985 -4% $480,364 $496,281 3% $24,018,209 $23,325,185 -3% 49 37 -24% 60 62 3%
San Mateo 860 825 -4% 413 380 -8% $1,285,000 $1,347,500 5% $1,625,986 $1,720,450 6% $673,158,037 $653,771,131 -3% 23 18 -22% 523 498 -5%
Santa Clara 2264 2343 3% 1074 1006 -6% $965,500 $997,500 3% $1,272,633 $1,304,465 3% $1,366,807,587 $1,312,291,582 -4% 24 20 -17% 1399 1388 -1%
Santa Cruz 578 632 9% 172 180 5% $760,000 $695,000 -9% $840,578 $796,541 -5% $144,579,485 $143,377,298 -1% 50 48 -4% 271 286 6%
* Inventory defined as the total of Active + Pending + Contingent Listings
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Apr 2015
May 2015
% Change
Monterey 103 104 1% 20 30 50% $385,000 $472,500 23% $457,075 $487,842 7% $9,141,500 $14,635,250 60% 73 56 -23% 38 32 -16%
San Benito 3 4 33% 12 1 -92% $293,500 $375,000 28% $313,608 $375,000 20% $3,763,300 $375,000 -90% 61 56 -8% 1 3 200%
San Mateo 212 230 8% 140 112 -20% $657,750 $722,500 10% $726,436 $770,819 6% $101,701,100 $86,331,688 -15% 17 15 -12% 139 148 6%
Santa Clara 716 733 2% 378 388 3% $572,500 $617,500 8% $648,036 $676,690 4% $244,957,458 $262,555,788 7% 18 15 -17% 519 502 -3%
Santa Cruz 142 141 -1% 51 51 0% $445,000 $475,000 7% $538,937 $493,368 -8% $27,485,799 $25,161,784 -8% 82 25 -70% 58 64 10%
Single Family - Current Month vs. Prior Month - May 2015 vs. April 2015
County
Inventory Closed Sales Median Price Average Price Total Dollars Days on Market New Listings
Condo/Townhouse - Current Month vs. Prior Month - May 2015 vs. April 2015
County
Inventory Closed Sales Median Price Average Price Total Dollars Days on Market New Listings
MLSListings Inc Confidential Copyright 2015 33
Single Family+Condo/Townhouse Inventory, Closed Sales, New Listings - Home CountiesJan ’03 – May ’15
MLSListings Inc Confidential Copyright 2015 44
Single Family + Condo/Townhouse Inventory - Home CountiesJan ’03 – May ’15
MLSListings Inc Confidential Copyright 2015 55
Single Family + Condo/Townhouse Inventory - Home CountiesJan ’05 – May ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 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
Jul 7878 12317 13910 15948 10763 13016 11372 7306 5950 4389
Aug 8030 12122 14275 15356 10044 13072 11201 7116 5850 5378
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
May '05 7020
May '06 10819
May '07 12923
May '08 15787
May '09 11749
May '10 11903
May '11 11730
May '12 7712
May '13 5222
May '14 3520
May '15 6069
Home Counties - Single Family + Condo/Townhouse Inventory
Variance to prior Years
Home Counties Inventory
-13.5%
-43.9%
-53.0%
-61.6%
-48.3%
-49.0%
-48.3%
-21.3%
16.2%
72.4%
02000400060008000
10000120001400016000
May'05
May'06
May'07
May'08
May'09
May'10
May'11
May'12
May'13
May'14
May'15
15787
6069
MLSListings Inc Confidential Copyright 2015 66
Single Family Inventory - Home CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 77
Single Family Inventory - Home CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 88
Single Family Inventory - Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 973 -5.5% 196 -29.6% 1148 -28.1% 3521 -33.5% 850 -25.6%
May '05 1143 -19.6% 173 -20.2% 1014 -18.6% 2827 -17.1% 675 -6.4%
May '06 2253 -59.2% 351 -60.7% 1367 -39.6% 3542 -33.9% 1121 -43.6%
May '07 2711 -66.1% 486 -71.6% 1484 -44.4% 4323 -45.8% 1218 -48.1%
May '08 2725 -66.3% 580 -76.2% 1918 -57.0% 6130 -61.8% 1252 -49.5%
May '09 1906 -51.8% 266 -48.1% 1619 -49.0% 4445 -47.3% 994 -36.4%
May '10 1763 -47.9% 272 -49.3% 1836 -55.1% 4155 -43.6% 1018 -37.9%
May '11 1653 -44.4% 287 -51.9% 1853 -55.5% 4148 -43.5% 982 -35.6%
May '12 1211 -24.1% 193 -28.5% 1195 -31.0% 2620 -10.6% 811 -22.1%
May '13 897 2.5% 120 15.0% 814 1.4% 1750 33.9% 613 3.1%
May '14 932 -1.4% 157 -12.1% 763 8.1% 1779 31.7% 622 1.6%
May '15 919 138 825 2343 632
Home Counties - Single Family Inventory (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 99
Single Family Months of Inventory – San Mateo, Santa Clara, Santa CruzMar ’03 – May ’15 (Rolling Three Month Average)
MLSListings Inc Confidential Copyright 2015 1010
Single Family Months of Inventory – Monterey and San Benito CountiesMar ’03 – May ’15 (Rolling Three Month Average)
MLSListings Inc Confidential Copyright 2015 1111
Single Family Market Outlook – Home CountiesMay ’14 vs. May ’15
MLSListings Inc Confidential Copyright 2015 1212
Single Family + Condo/Townhouse Closed Sales – Home CountiesJan ’03 – May ’15
MLSListings Inc Confidential Copyright 2015 1313
Single Family + Condo/Townhouse Closed Sales - Home CountiesJan ’05 – May ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 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
Jul 3396 2446 2136 2230 2788 2299 2238 2457 2643 1933
Aug 3538 2668 1962 2244 2421 2196 2446 2525 2559 2255
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
May '05 3376
May '06 2706
May '07 2270
May '08 1953
May '09 2355
May '10 2805
May '11 2369
May '12 2885
May '13 2780
May '14 2484
May '15 2407
Home Counties - Single Family + Condo/Townhouse Closed Sales
-14.2%
1.6%
-16.6%
-13.4%
-28.7%
-11.0%
6.0%
23.2%
-3.1%
2.2%
Home Counties Closed Sales
Variance to prior Years
0500
100015002000250030003500
May'05
May'06
May'07
May'08
May'09
May'10
May'11
May'12
May'13
May'14
May'15
3376
2407
MLSListings Inc Confidential Copyright 2015 1414
Single Family Closed Sales – San Mateo, Santa Clara CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 1515
Single Family Closed Sales – San Mateo, Santa Clara CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 1616
Single Family Closed Sales – Monterey, San Benito, Santa Cruz CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 1717
Single Family Closed Sales – Monterey, San Benito, Santa Cruz CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 1818
Single Family Closed Sales – Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 309 -31.4% 74 -36.5% 575 -33.9% 1670 -39.8% 247 -27.1%
May '05 295 -28.1% 67 -29.9% 505 -24.8% 1419 -29.1% 197 -8.6%
May '06 201 5.5% 50 -6.0% 470 -19.1% 1098 -8.4% 193 -6.7%
May '07 135 57.0% 34 38.2% 432 -12.0% 992 1.4% 149 20.8%
May '08 186 14.0% 36 30.6% 354 7.3% 874 15.1% 124 45.2%
May '09 372 -43.0% 70 -32.9% 321 18.4% 987 1.9% 139 29.5%
May '10 306 -30.7% 63 -25.4% 418 -9.1% 1230 -18.2% 162 11.1%
May '11 259 -18.1% 58 -19.0% 418 -9.1% 966 4.1% 137 31.4%
May '12 284 -25.4% 62 -24.2% 490 -22.4% 1209 -16.8% 208 -13.5%
May '13 237 -10.5% 54 -13.0% 512 -25.8% 1099 -8.5% 221 -18.6%
May '14 242 -12.4% 48 -2.1% 421 -9.7% 990 1.6% 161 11.8%
May '15 212 47 380 1006 180
Home Counties - Single Family Sales (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 1919
Single Family Total Sales Dollars – San Mateo and Santa Clara CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 2020
Single Family Total Sales Dollars – San Mateo, Santa Clara CountiesMay (2004 – 2015)
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Single Family Total Sales Dollars – Santa Cruz, Monterey, and San Benito CountiesJan ’04 – May ’15
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Single Family Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties
May (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 2323
Single Family Total Sales Volume – Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 $231,738,318 -21.1% $39,918,000 -41.6% $568,750,622 14.9% $1,283,573,863 2.2% $170,897,628 -16.1%
May '05 $228,834,806 -20.1% $46,220,754 -49.5% $586,833,027 11.4% $1,263,473,261 3.9% $175,537,232 -18.3%
May '06 $221,235,921 -17.3% $35,638,300 -34.6% $483,702,130 35.2% $1,072,163,192 22.4% $140,553,527 2.0%
May '07 $130,310,355 40.4% $24,732,263 -5.7% $513,813,341 27.2% $1,087,982,293 20.6% $122,673,098 16.9%
May '08 $183,711,226 -0.4% $12,604,400 85.1% $419,505,295 55.8% $851,301,713 54.2% $89,951,337 59.4%
May '09 $129,899,807 40.8% $20,337,898 14.7% $299,717,071 118.1% $635,442,293 106.5% $69,028,368 107.7%
May '10 $163,708,485 11.7% $20,340,913 14.7% $404,254,657 61.7% $940,775,874 39.5% $90,987,185 57.6%
May '11 $129,875,961 40.9% $18,666,700 25.0% $429,661,754 52.2% $745,902,666 75.9% $74,240,928 93.1%
May '12 $122,874,617 48.9% $20,157,401 15.7% $506,889,662 29.0% $1,005,265,206 30.5% $115,591,563 24.0%
May '13 $117,279,111 56.0% $19,993,223 16.7% $632,926,931 3.3% $1,145,977,345 14.5% $143,195,455 0.1%
May '14 $145,628,533 25.6% $21,803,003 7.0% $638,461,458 2.4% $1,166,234,750 12.5% $129,235,842 10.9%
May '15 $182,932,721 $23,325,185 $653,771,131 $1,312,291,582 $143,377,298
Home Counties - Single Family Total Sales Dollars (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 2424
Single Family + Condo/Townhouse New Listings - Home CountiesJan ’03 – May ’15
MLSListings Inc Confidential Copyright 2015 2525
Single Family + Condo/Townhouse New Listings - Home CountiesJan ’05 – May ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 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
Jul 5210 5523 4747 4530 3915 4089 3429 3096 3529 2420
Aug 5450 5356 4720 4344 3612 3867 3342 2941 3163 2850
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
May '05 5224
May '06 6019
May '07 5279
May '08 4934
May '09 3636
May '10 4044
May '11 3986
May '12 3551
May '13 3592
May '14 3520
May '15 3298
Home Counties - Single Family + Condo/Townhouse New Listings
-6.3%
-9.3%
-18.4%
Variance to prior Years
Home Counties New Listings
-36.9%
-17.3%
-7.1%
-8.2%
-45.2%
-37.5%
-33.2%
0500
100015002000250030003500400045005000
May'05
May'06
May'07
May'08
May'09
May'10
May'11
May'12
May'13
May'14
May'15
6019
3298
MLSListings Inc Confidential Copyright 2015 2626
Single Family New Listings - Home CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 2727
Single Family New Listings - Home CountiesMay (2004 – 2015)
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Single Family New Listings - Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 458 -31.2% 93 -33.3% 853 -41.6% 2566 -45.9% 406 -29.6%
May '05 478 -34.1% 108 -42.6% 809 -38.4% 2334 -40.5% 348 -17.8%
May '06 695 -54.7% 143 -56.6% 859 -42.0% 2471 -43.8% 505 -43.4%
May '07 658 -52.1% 111 -44.1% 744 -33.1% 2131 -34.9% 386 -25.9%
May '08 580 -45.7% 129 -51.9% 789 -36.9% 2124 -34.7% 321 -10.9%
May '09 487 -35.3% 83 -25.3% 568 -12.3% 1514 -8.3% 258 10.9%
May '10 524 -39.9% 65 -4.6% 665 -25.1% 1639 -15.3% 292 -2.1%
May '11 443 -28.9% 77 -19.5% 672 -25.9% 1629 -14.8% 297 -3.7%
May '12 364 -13.5% 61 1.6% 643 -22.6% 1494 -7.1% 264 8.3%
May '13 331 -4.8% 49 26.5% 632 -21.2% 1491 -6.9% 266 7.5%
May '14 291 8.2% 60 3.3% 619 -19.5% 1449 -4.2% 262 9.2%
May '15 315 62 498 1388 286
Home Counties - Single Family New Listings (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 2929
Single Family + Condo/Townhouse Median Price - Home CountiesJan ’05 – May ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan $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
Jul $700,000 $725,000 $759,975 $595,000 $487,750 $535,000 $484,500 $565,000 $692,000 $718,000
Aug $710,000 $720,000 $761,000 $545,445 $476,000 $510,500 $490,000 $560,000 $670,000 $738,000
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
May '05 $685,000
May '06 $725,000
May '07 $775,000
May '08 $650,000
May '09 $415,000
May '10 $522,500
May '11 $477,750
May '12 $527,500
May '13 $688,945
May '14 $748,500
May '15 $850,000
Home Counties - Single Family + Condo/Townhouse Median Price
13.6%
Home Counties Median Price
Variance to prior Years
24.1%
17.2%
61.1%
23.4%
9.7%
30.8%
104.8%
62.7%
77.9%$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
May'05
May'06
May'07
May'08
May'09
May'10
May'11
May'12
May'13
May'14
May'15
$775,000$850,000
MLSListings Inc Confidential Copyright 2015 3030
Single Family Median Prices - Home CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 3131
Single Family Median Prices - Home CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 3232
Single Family Median Prices - Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 $569,000 -5.2% $474,000 -6.1% $775,000 73.9% $635,000 57.1% $639,000 8.8%
May '05 $639,000 -15.6% $635,000 -29.9% $900,000 49.7% $749,000 33.2% $757,200 -8.2%
May '06 $685,000 -21.2% $635,000 -29.9% $905,000 48.9% $800,000 24.7% $755,000 -7.9%
May '07 $695,000 -22.4% $625,000 -28.8% $952,000 41.5% $858,000 16.3% $779,000 -10.8%
May '08 $360,000 49.9% $332,500 33.8% $852,500 58.1% $772,500 29.1% $625,000 11.2%
May '09 $204,950 163.2% $253,329 75.7% $728,000 85.1% $490,000 103.6% $450,000 54.4%
May '10 $281,000 92.0% $295,000 50.8% $750,000 79.7% $630,000 58.3% $523,000 32.9%
May '11 $252,000 114.1% $277,500 60.4% $825,000 63.3% $602,500 65.6% $437,500 58.9%
May '12 $300,000 79.8% $275,000 61.8% $776,500 73.5% $645,783 54.5% $499,500 39.1%
May '13 $410,000 31.6% $355,000 25.3% $957,000 40.8% $825,000 20.9% $625,000 11.2%
May '14 $462,500 16.6% $417,500 6.6% $1,126,500 19.6% $888,888 12.2% $684,000 1.6%
May '15 $539,500 $444,985 $1,347,500 $997,500 $695,000
Home Counties - Single Family Median Price (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 3333
Single Family Average Price - Home CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 3434
Single Family Average Price - Home CountiesMay (2004 – 2015)
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Single Family Average Price - Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 $749,962 15.1% $539,432 -8.0% $989,132 73.9% $768,607 69.7% $691,893 15.1%
May '05 $775,711 11.2% $689,862 -28.1% $1,162,046 48.1% $890,397 46.5% $891,052 -10.6%
May '06 $817,340 5.6% $701,530 -29.3% $1,225,530 40.4% $965,495 35.1% $846,921 -5.9%
May '07 $965,262 -10.6% $727,420 -31.8% $1,189,383 44.7% $1,096,756 18.9% $823,309 -3.3%
May '08 $552,901 56.1% $350,122 41.7% $1,185,043 45.2% $976,263 33.6% $731,311 8.9%
May '09 $283,216 204.7% $290,541 70.8% $933,698 84.3% $645,774 102.0% $496,606 60.4%
May '10 $526,964 63.7% $322,871 53.7% $969,435 77.5% $764,858 70.5% $561,649 41.8%
May '11 $364,968 136.4% $321,839 54.2% $1,040,343 65.4% $773,757 68.6% $541,904 47.0%
May '12 $494,505 74.5% $325,119 52.6% $1,038,708 65.6% $832,173 56.8% $530,232 50.2%
May '13 $669,437 28.9% $370,244 34.0% $1,243,471 38.4% $1,044,646 24.9% $647,943 22.9%
May '14 $811,576 6.3% $454,229 9.3% $1,520,146 13.2% $1,180,399 10.5% $802,707 -0.8%
May '15 $862,890 $496,281 $1,720,450 $1,304,465 $796,541
Home Counties - Single Family Average Price (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2015 3636
Condo/Townhouse Market Outlook – Home CountiesMay ’14 vs. May ’15
MLSListings Inc Confidential Copyright 2015 3737
Condo/Townhouse Total Sales Dollars – San Mateo and Santa Clara CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 3838
Condo/Townhouse Total Sales Dollars – San Mateo, Santa Clara CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 3939
Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz CountiesJan ’04 – May ’15
MLSListings Inc Confidential Copyright 2015 4040
Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz CountiesMay (2004 – 2015)
MLSListings Inc Confidential Copyright 2015 4141
Condo/Townhouse Total Sales Dollars – Home CountiesMay (2004 – 2015)
Monterey County
San Benito
County
San Mateo County
Santa Clara
County
Santa Cruz County
May '04 $16,586,000 -11.8% $2,380,800 -84.2% $103,618,762 -16.7% $265,843,352 -1.2% $21,834,317 15.2%
May '05 $26,318,250 -44.4% $1,130,000 -66.8% $104,961,874 -17.7% $310,709,984 -15.5% $30,764,928 -18.2%
May '06 $15,874,000 -7.8% $2,575,500 -85.4% $102,441,254 -15.7% $266,822,314 -1.6% $19,961,567 26.1%
May '07 $11,216,000 30.5% $275,000 36.4% $68,703,388 25.7% $202,806,637 29.5% $18,992,890 32.5%
May '08 $3,233,862 352.6% $180,000 108.3% $53,220,457 62.2% $133,045,341 97.3% $12,167,239 106.8%
May '09 $4,677,220 212.9% $698,899 -46.3% $39,055,053 121.1% $111,746,585 135.0% $11,846,900 112.4%
May '10 $12,440,326 17.6% $62,000 504.8% $57,635,880 49.8% $174,800,419 50.2% $9,904,900 154.0%
May '11 $8,530,235 71.6% $215,000 74.4% $37,307,401 131.4% $139,007,246 88.9% $10,097,675 149.2%
May '12 $9,802,750 49.3% $210,000 78.6% $61,193,915 41.1% $171,705,505 52.9% $16,129,699 56.0%
May '13 $17,516,050 -16.4% $1,087,000 -65.5% $68,303,455 26.4% $236,816,808 10.9% $20,178,688 24.7%
May '14 $13,498,325 8.4% $1,797,658 -79.1% $85,217,443 1.3% $244,208,579 7.5% $18,450,400 36.4%
May '15 $14,635,250 $375,000 $86,331,688 $262,555,788 $25,161,784
Home Counties - Condo+Townhouse Total Sales Dollars (2015 vs. Prior Years)
MLSListings Inc Confidential Copyright 2014 4242
Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz Mar ’03 – May ’15 (Rolling Three Month Average)
MLSListings Inc Confidential Copyright 2015 4343
Condo/Townhouse Months of Inventory – Monterey and San Benito CountiesMar ’03 – May ’15 (Rolling Three Month Average)