The Greater Silicon Valley & Central Coastal Communities Area Market Report Jun-10
Source: MLSListings®

 

MLSListings® reports median single-family home price down -0.4% in Jun-10 over May-10, sales continue to fall to 2,281.

 

Jun-10 Quick Facts:

  • The median price of existing single-family homes decreased to $567,750 down -0.4% vs May-10
  • Existing single-family home sales decreased -6.7% from May-10 for a Jun-10 total of 2,281
  • Condos increased in price to $372,500 up 3.5% vs May-10
  • Existing condo sales decreased -16.9% in Jun-10 over May-10 for a total of 575
    Powered by Clarus MarketMetrics®

 

Single Family Median Home Price
Jun-09 vs Jun-10
Clarus MarketMetrics®
07/13/2010

Click to enlarge image

 

The Number of Sold Properties by Month
Jun-09 vs Jun-10
Clarus MarketMetrics®
07/13/2010

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Jun-10 MLSListings® Regional Sales and Price Activity

MLSListings®Median PricePercent Change in Price from Prior MonthPercent Change in Price from Prior YearTotal # UnitsPercent Change in Sales from Prior MonthPercent Change in Sales from Prior Year
 Jun-10May-10Jun-09Jun-10May-10Jun-09
MLS Wide      
MLSListings (Single Family)$567,750-0.4%17.0%2,281-6.7%-12.9%
MLSListings (Condo)$372,5003.5%9.9%575-16.9%-8.0%
       
MLSListings Region Counties      
Single Family Only      
Alameda (Single Family)$460,000-19.1%9.5%89-5.3%1.1%
Contra Costa (Single Family)$258,00018.6%-11.0%16100.0%-15.8%
Monterey (Single Family)$274,500-2.7%33.9%3304.8%-28.1%
San Benito (Single Family)$315,0006.8%13.3%61-7.6%19.6%
San Joaquin (Single Family)$201,595-1.9%7.2%20-28.6%-46.0%
San Mateo (Single Family)$793,0009.8%7.2%4554.8%2.9%
Santa Clara (Single Family)$635,0001.6%17.6%1,109-13.4%-13.1%
Santa Cruz (Single Family)$503,750-2.8%-2.6%152-9.5%-21.2%
       
       
MLSListings Region Cities      
Single Family Only      
Belmont$975,00014.9%11.1%25-26.5%19.1%
Burlingame$1,075,000-2.3%-23.9%17-19.1%-5.6%
Campbell$725,00014.3%15.1%25-26.5%-13.8%
Carmel$1,627,50041.5%16.5%12-20.0%50.0%
Cupertino$1,035,0006.2%-6.8%464.5%17.9%
Daly City$531,2500.7%7.6%34-15.0%-26.1%
East Palo Alto$255,000-1.5%8.5%17-19.1%-32.0%
Foster City$950,000-7.8%4.8%1455.6%7.7%
Fremont$608,000-3.8%-3.5%45-11.8%36.4%
Gilroy$408,0005.6%7.7%4911.4%-21.0%
Gonzales$177,500-9.0%-14.3%6-53.8%-40.0%
Greenfield$141,800-23.6%3.5%185.9%-53.8%
Hayward$290,000-10.2%11.5%1233.3%-29.4%
Hollister$299,9501.7%11.1%56-8.2%19.1%
King City$128,5000.0%-20.2%166.7%0.0%
Los Altos$1,495,000-3.4%0.8%3620.0%-10.0%
Los Gatos$1,068,75011.3%20.8%5013.6%51.5%
Marina$320,000-9.5%10.9%11-31.3%-8.3%
Menlo Park$1,300,00010.4%9.9%41-2.4%-14.6%
Millbrae$970,80021.3%5.0%1318.2%0.0%
Milpitas$490,0008.3%-1.5%36-25.0%12.5%
Monterey$550,000-6.9%4.8%1416.7%55.6%
Morgan Hill$590,00018.0%7.3%35-10.3%-28.6%
Mountain View$940,000-1.1%11.6%4021.2%53.8%
North Monterey County$355,00010.6%7.6%17-19.1%-54.0%
Pacific Grove$631,50020.3%-32.8%166.7%100.0%
Pacifica$527,000-5.9%-7.1%1838.5%-25.0%
Palo Alto$1,600,00013.6%14.3%40-21.6%-11.1%
Redwood City$798,0009.5%-4.1%65-5.8%20.4%
Salinas$245,000-5.4%28.9%8331.8%-31.4%
Salinas - East$185,00019.4%14.7%4053.8%-55.6%
Salinas - North$185,000-20.6%-9.1%1838.5%12.5%
Salinas Monterey Highway$540,950-21.6%-16.8%18100.0%-5.3%
San Bruno$575,000-0.6%6.5%17-32.0%-15.0%
San Carlos$897,5002.3%-2.3%3454.5%30.8%
San Francisco$669,75026.4%34.9%12-7.7%-25.0%
San Jose$523,500-3.9%17.5%598-18.3%-21.0%
San Lorenzo Valley$373,00018.9%3.6%2768.8%50.0%
San Mateo$825,00016.2%-5.7%613.4%19.6%
Santa Clara$565,000-7.3%-4.6%45-29.7%-13.5%
Santa Cruz$599,500-2.0%-0.4%32-42.9%-54.9%
Saratoga$1,413,500-13.0%1.7%34-8.1%6.3%
Seaside$265,000-8.4%6.0%18-10.0%12.5%
Soledad$144,900-12.2%-4.4%9-65.4%-75.0%
South San Francisco$530,000-4.0%4.5%3540.0%-14.6%
South Santa Cruz County$567,00014.7%80.7%9-35.7%-43.8%
Stockton$133,500-4.1%33.6%8-20.0%0.0%
Sunnyvale$849,000-1.5%12.4%63-13.7%-3.1%
Tracy$287,5008.5%22.4%6-25.0%-66.7%
Watsonville$290,000-14.7%16.7%17-5.6%-26.1%

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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