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Greater Silicon Valley & Central Coastal Communities Market Report Jan-12
Source: MLSListings®
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MLSListings®
reports median single-family home price down -6.8% in Jan-12 over Dec-11, sales fall to 1,360.
Click here to view additional Market Reports
Jan-12 Quick Facts:
- The median price of existing single-family homes decreased to $454,850 down -6.8% vs Dec-11.
- Existing single-family home sales decreased -29.1% from Dec-11 for a Jan-12 total of 1,360 sold units.
- Condos decreased in price to $278,000 down -3.1% vs Dec-11.
- Existing condo sales decreased -36.7% in Jan-12 over Dec-11 for a total of 387 sold units.
Single Family Median Home Price
Jan-11 vs Jan-12
| Clarus MarketMetrics® |
2/10/2012 |
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The Number of Sold Properties by Month
Jan-11 vs Jan-12
| Clarus MarketMetrics® |
2/10/2012 |
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Jan-12 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 |
| |
Jan-12 |
Dec-11 |
Jan-11 |
Jan-12 |
Dec-11 |
Jan-11 |
| MLS Wide |
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| MLSListings (Single Family) |
$454,850 |
-6.8% |
-1.1% |
1,360 |
-29.1% |
-5.6% |
| MLSListings (Condo) |
$278,000 |
-3.1% |
-1.4% |
387 |
-36.7% |
-2.8% |
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| MLSLSTNGS Region Counties |
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| Alameda |
$382,500 |
0.6% |
-3.7% |
60 |
-23.1% |
-3.2% |
| Contra Costa |
$207,500 |
-39.2% |
-26.9% |
10 |
-16.7% |
-16.7% |
| Monterey |
$280,000 |
4.1% |
10.4% |
213 |
-27.3% |
-8.6% |
| San Benito |
$260,000 |
2.3% |
-6.8% |
51 |
-12.1% |
8.5% |
| San Joaquin |
$260,250 |
33.8% |
53.1% |
4 |
-71.4% |
-81.0% |
| San Mateo |
$578,500 |
-1.9% |
0.6% |
244 |
-35.1% |
-3.6% |
| Santa Clara |
$489,950 |
-7.6% |
-6.7% |
632 |
-29.0% |
-7.3% |
| Santa Cruz |
$422,500 |
-10.7% |
-1.7% |
106 |
-35.4% |
12.8% |
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| MLSLSTNGS Region Cities |
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| Single Family Only |
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| Belmont |
$835,500 |
-5.1% |
12.1% |
2 |
-85.7% |
-83.3% |
| Burlingame |
$1,050,000 |
-17.0% |
5.5% |
9 |
-18.2% |
12.5% |
| Campbell |
$700,000 |
12.9% |
4.6% |
15 |
-21.1% |
0.0% |
| Carmel |
$880,000 |
-20.0% |
14.7% |
13 |
-13.3% |
-18.8% |
| Cupertino |
$1,179,000 |
19.1% |
10.0% |
9 |
-60.9% |
-30.8% |
| Daly City |
$450,000 |
-0.4% |
0.0% |
29 |
-39.6% |
-9.4% |
| East Palo Alto |
$290,000 |
10.3% |
14.2% |
16 |
-11.1% |
-11.1% |
| Foster City |
$885,000 |
-9.9% |
-7.8% |
4 |
-50.0% |
-42.9% |
| Fremont |
$615,000 |
19.4% |
5.1% |
25 |
-13.8% |
0.0% |
| Gilroy |
$365,000 |
5.5% |
-15.1% |
49 |
-15.5% |
32.4% |
| Gonzales |
$175,000 |
-9.1% |
-11.6% |
3 |
-57.1% |
-40.0% |
| Greenfield |
$186,000 |
34.3% |
34.3% |
11 |
-31.3% |
-8.3% |
| Hayward |
$225,000 |
-17.6% |
-11.8% |
10 |
-41.2% |
-23.1% |
| Hollister |
$259,488 |
0.4% |
-5.3% |
47 |
-11.3% |
11.9% |
| King City |
$145,000 |
-14.2% |
-8.8% |
3 |
-50.0% |
-50.0% |
| Los Altos |
$1,170,000 |
-35.0% |
-19.3% |
7 |
-74.1% |
-22.2% |
| Los Gatos |
$1,098,000 |
8.4% |
4.6% |
15 |
-55.9% |
-51.6% |
| Marina |
$317,450 |
-5.5% |
-0.8% |
8 |
14.3% |
-33.3% |
| Menlo Park |
$1,195,000 |
18.3% |
49.4% |
13 |
-51.9% |
-43.5% |
| Millbrae |
$913,800 |
8.9% |
21.8% |
5 |
-54.5% |
-44.4% |
| Milpitas |
$570,000 |
26.0% |
26.1% |
19 |
-36.7% |
-5.0% |
| Monterey |
$438,500 |
3.8% |
-12.1% |
14 |
0.0% |
100.0% |
| Morgan Hill |
$451,500 |
-15.9% |
-2.3% |
22 |
-42.1% |
4.8% |
| Mountain View |
$885,000 |
-9.5% |
-1.4% |
11 |
-57.7% |
0.0% |
| North Monterey County |
$348,000 |
17.6% |
-2.5% |
10 |
-52.4% |
-33.3% |
| Pacific Grove |
$541,750 |
20.5% |
4.7% |
14 |
-22.2% |
75.0% |
| Pacifica |
$490,000 |
-2.4% |
-3.9% |
21 |
16.7% |
23.5% |
| Palo Alto |
$1,506,500 |
2.1% |
23.5% |
20 |
0.0% |
17.6% |
| Redwood City |
$641,000 |
-2.9% |
14.5% |
35 |
-28.6% |
34.6% |
| Salinas |
$227,500 |
-9.4% |
-3.2% |
40 |
-28.6% |
-29.8% |
| Salinas - East |
$210,000 |
5.5% |
23.5% |
27 |
-10.0% |
-6.9% |
| Salinas - North |
$243,000 |
39.4% |
8.0% |
5 |
-16.7% |
0.0% |
| Salinas Monterey Highway |
$565,000 |
18.6% |
5.6% |
10 |
-52.4% |
11.1% |
| San Bruno |
$505,000 |
6.4% |
5.2% |
16 |
-38.5% |
33.3% |
| San Carlos |
$900,750 |
-9.2% |
-6.2% |
12 |
-14.3% |
9.1% |
| San Francisco |
$583,250 |
24.8% |
5.9% |
10 |
-41.2% |
11.1% |
| San Jose |
$436,444 |
-8.1% |
-5.1% |
382 |
-25.0% |
-8.8% |
| San Lorenzo Valley |
$240,500 |
-1.0% |
-21.9% |
16 |
-23.8% |
23.1% |
| San Mateo |
$688,500 |
-2.2% |
12.8% |
34 |
-29.2% |
6.3% |
| Santa Clara |
$520,000 |
-15.2% |
-9.6% |
30 |
-6.3% |
-3.2% |
| Santa Cruz |
$489,845 |
-10.8% |
-9.7% |
32 |
-15.8% |
100.0% |
| Saratoga |
$1,280,000 |
-19.6% |
-12.0% |
18 |
-18.2% |
28.6% |
| Seaside |
$307,500 |
18.5% |
21.8% |
18 |
0.0% |
0.0% |
| Soledad |
$177,000 |
-6.8% |
4.7% |
11 |
-52.2% |
22.2% |
| South San Francisco |
$430,000 |
0.0% |
-16.1% |
23 |
-20.7% |
43.8% |
| South Santa Cruz County |
$347,324 |
-37.9% |
-12.6% |
6 |
-64.7% |
-60.0% |
| Stockton |
$355,000 |
91.9% |
222.7% |
1 |
-80.0% |
-92.3% |
| Sunnyvale |
$703,500 |
-13.2% |
-9.8% |
23 |
-42.5% |
-30.3% |
| Tracy |
$259,250 |
9.2% |
4.7% |
2 |
-50.0% |
-66.7% |
| Watsonville |
$291,000 |
-7.6% |
0.7% |
13 |
-13.3% |
30.0% |
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Single Family = Single Family = Detached Single, Attached Single, Res Other
Condo = 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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