MLSListings Market Data Report: February 2012
(Monterey, San Benito, San Mateo, Santa Clara, and Santa Cruz Counties)
February Housing Update: Sales Improve;
New Listings Sluggish
Compared to the same month last year, all Counties showed an increase in sales except for Monterey County. Santa Cruz County showed the most strength with a 27% increase in sales followed by San Mateo County up 24%, San Benito up 23%, and Santa Clara up 9%. Monterey County was down 10% compared to 1% last month. Compared to last month, sales increased in all Home Counties. Sales were up 18% in both Santa Cruz and San Mateo Counties. They also increased 12% in Santa Clara County, and were up 2% in both Monterey and San Benito Counties.
Year over Year
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Note: MLSListings data is tabulated from the 5th of the month to the 5th of the following month, primarily to account for late corrections and additions by agents; these updates are often not included in most market reports. MLSListings’ Market Data report reflects the most current information on the day the reports are generated.