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The Greater Silicon Valley & Central Coastal Communities Area Market Report Jan-10
Source: MLSListings® |
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MLSListings® reports median single-family home price down -7.1% in Jan-10 over Dec-09, sales continue to fall to 1,323.
Jan-10 Quick Facts:
- The median price of existing single-family homes decreased to $474,000 down -7.1% vs Dec-09
- Existing single-family home sales decreased -37.8% from Dec-09 for a Jan-10 total of 1,323
- Condos decreased in price to $320,000 down -8.6% vs Dec-09
- Existing condo sales decreased -36.8% in Jan-10 over Dec-09 for a total of 370
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Powered by Clarus MarketMetrics® |
The Number of Sold Properties by Month
Jan-09 vs Jan-10
| Clarus MarketMetrics® |
02/14/2010
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Click to enlarge image
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Jan-10 MLSListings® Regional Sales and Price Activity
| MLSListings® |
Median Price |
Percent Change in Price from Prior Month |
Percent Change in Price from Prior Year |
Total # Units |
Percent Change in Sales from Prior Month |
Percent Change in Sales from Prior Year |
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Jan-10 |
Dec-09 |
Jan-09 |
Jan-10 |
Dec-09 |
Jan-09 |
| MLS Wide |
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| MLSListings (Single Family) |
$474,000 |
-7.1% |
21.5% |
1,323 |
-37.8% |
-1.4% |
| MLSListings (Condo) |
$320,000 |
-8.6% |
6.7% |
370 |
-36.8% |
33.1% |
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| MLSListings Region Counties |
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| Single Family Only |
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| Alameda (Single Family) |
$377,500 |
-5.1% |
-4.4% |
50 |
-24.2% |
21.9% |
| Contra Costa (Single Family) |
$264,000 |
-0.4% |
32.0% |
9 |
-52.6% |
28.6% |
| Monterey (Single Family) |
$248,000 |
-0.8% |
10.2% |
235 |
-34.5% |
-24.4% |
| San Benito (Single Family) |
$325,000 |
18.6% |
22.7% |
43 |
-28.3% |
-24.6% |
| San Joaquin (Single Family) |
$225,000 |
19.4% |
17.8% |
20 |
-28.6% |
-55.6% |
| San Mateo (Single Family) |
$630,000 |
-16.0% |
14.0% |
233 |
-38.4% |
38.7% |
| Santa Clara (Single Family) |
$525,000 |
-6.1% |
16.7% |
602 |
-41.3% |
-2.0% |
| Santa Cruz (Single Family) |
$495,000 |
-10.0% |
11.2% |
95 |
-35.4% |
14.5% |
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| MLSListings Region Cities |
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| Single Family Only |
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| Belmont |
$850,000 |
5.0% |
-4.8% |
11 |
-8.3% |
175.0% |
| Burlingame |
$1,050,000 |
-12.5% |
-7.1% |
15 |
-44.4% |
150.0% |
| Campbell |
$655,000 |
-4.9% |
19.1% |
13 |
-35.0% |
-7.1% |
| Carmel |
$870,000 |
-41.0% |
-15.1% |
9 |
-30.8% |
28.6% |
| Cupertino |
$1,176,080 |
9.2% |
-0.8% |
14 |
-50.0% |
40.0% |
| Daly City |
$465,000 |
-7.4% |
-7.0% |
31 |
-6.1% |
-3.1% |
| East Palo Alto |
$215,000 |
-17.6% |
-15.7% |
8 |
-55.6% |
-50.0% |
| Foster City |
$1,020,000 |
-1.9% |
2.0% |
7 |
-50.0% |
16.7% |
| Fremont |
$669,000 |
14.5% |
58.3% |
12 |
-45.5% |
50.0% |
| Gilroy |
$375,000 |
0.0% |
7.1% |
30 |
-43.4% |
-44.4% |
| Gonzales |
$220,000 |
17.6% |
5.5% |
5 |
-50.0% |
-37.5% |
| Greenfield |
$150,000 |
18.1% |
0.0% |
20 |
-20.0% |
-20.0% |
| Hayward |
$280,000 |
-6.7% |
-2.6% |
8 |
-57.9% |
0.0% |
| Hollister |
$315,000 |
10.8% |
20.0% |
39 |
-32.8% |
-27.8% |
| King City |
$155,000 |
17.4% |
4.7% |
9 |
-52.6% |
-47.1% |
| Los Altos |
$1,462,500 |
-8.1% |
-9.7% |
14 |
-44.0% |
100.0% |
| Los Gatos |
$985,000 |
-16.2% |
-30.7% |
14 |
-54.8% |
40.0% |
| Marina |
$393,000 |
9.2% |
10.9% |
5 |
-64.3% |
-64.3% |
| Menlo Park |
$690,000 |
-22.9% |
9.5% |
13 |
-50.0% |
30.0% |
| Millbrae |
$833,000 |
-5.9% |
-10.0% |
4 |
-80.0% |
100.0% |
| Milpitas |
$450,500 |
-19.6% |
1.2% |
28 |
-9.7% |
33.3% |
| Monterey |
$465,000 |
-10.6% |
8.1% |
9 |
-25.0% |
200.0% |
| Morgan Hill |
$587,500 |
-0.4% |
-2.4% |
16 |
-66.0% |
-11.1% |
| Mountain View |
$867,500 |
-10.1% |
-0.7% |
18 |
-10.0% |
200.0% |
| North Monterey County |
$310,000 |
-11.5% |
-11.4% |
11 |
-56.0% |
0.0% |
| Pacific Grove |
$707,500 |
22.0% |
31.0% |
10 |
11.1% |
42.9% |
| Pacifica |
$596,500 |
12.1% |
21.7% |
18 |
-18.2% |
38.5% |
| Palo Alto |
$1,362,500 |
7.4% |
-0.7% |
22 |
-24.1% |
83.3% |
| Redwood City |
$643,500 |
-14.5% |
-4.7% |
34 |
-29.2% |
161.5% |
| Salinas |
$255,000 |
4.1% |
18.6% |
61 |
-16.4% |
-29.9% |
| Salinas - East |
$140,000 |
-9.7% |
-20.2% |
29 |
-45.3% |
-30.9% |
| Salinas - North |
$225,000 |
-12.6% |
0.0% |
8 |
-20.0% |
-50.0% |
| Salinas Monterey Highway |
$498,725 |
-9.2% |
10.8% |
6 |
-70.0% |
100.0% |
| San Bruno |
$530,000 |
-1.8% |
-14.5% |
14 |
-12.5% |
7.7% |
| San Carlos |
$1,067,500 |
22.4% |
-7.2% |
3 |
-87.5% |
-40.0% |
| San Francisco |
$585,000 |
-17.6% |
19.4% |
13 |
85.7% |
44.4% |
| San Jose |
$480,000 |
0.0% |
15.7% |
361 |
-41.5% |
-10.9% |
| San Lorenzo Valley |
$325,000 |
7.8% |
15.0% |
17 |
-5.6% |
183.3% |
| San Mateo |
$675,000 |
-7.5% |
15.0% |
31 |
-39.2% |
24.0% |
| Santa Clara |
$562,000 |
-8.8% |
-5.5% |
28 |
-45.1% |
33.3% |
| Santa Cruz |
$617,500 |
4.9% |
12.3% |
20 |
-44.4% |
33.3% |
| Saratoga |
$1,426,000 |
7.2% |
66.2% |
9 |
-40.0% |
350.0% |
| Seaside |
$310,000 |
23.0% |
-1.3% |
15 |
-37.5% |
-37.5% |
| Soledad |
$165,000 |
-2.9% |
-2.9% |
15 |
-40.0% |
-34.8% |
| South San Francisco |
$549,944 |
5.6% |
7.8% |
20 |
0.0% |
66.7% |
| South Santa Cruz County |
$350,000 |
11.1% |
2.2% |
9 |
-40.0% |
-10.0% |
| Stockton |
$110,000 |
42.9% |
4.3% |
5 |
25.0% |
-68.8% |
| Sunnyvale |
$575,500 |
-27.2% |
1.9% |
26 |
-45.8% |
-16.1% |
| Tracy |
$280,000 |
30.8% |
5.7% |
11 |
-8.3% |
-35.3% |
| Watsonville |
$285,000 |
2.7% |
-8.1% |
10 |
-44.4% |
-41.2% |
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Single Family = Detached Single, Attached Single, Res Other
Condo = Condo, Townhouse, Common Interest Other
Reports generated from Clarus MarketMetrics®
Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available on a monthly or annual subscription basis to MLSListings® members. To register for an account, visit www.clarusresource.com/mm. It is also provided as a member benefit to those REALTORS® who belong to Santa Clara, Santa Cruz, Silicon Valley, San Mateo, Monterey, San Benito and Watsonville associations of REALTORS®. Visit your local association site for registration information.
Launched in 2007, MLSListings® is designed to more effectively meet the current and future MLS needs of the region’s real estate professionals. Representing nearly 20,000 MLS subscribers, MLSListings® is governed by the brokerage community, and owned by Santa Clara, Santa Cruz, Silicon Valley, San Mateo, Monterey, Watsonville, San Benito and Central Valley associations of REALTORS®.
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