This 10-year outlook shows how total sales dollars correlate to the number of closed sales in all of our reported counties – Monterey, San Benito, San Mateo, Santa Clara and Santa Cruz.
In all reported counties – Monterey, San Benito, San Mateo, Santa Clara and Santa Cruz – we are seeing the story play out in the prices.
Year-over-year sales of single family homes show some of the highest median prices of the year. San Mateo leads the climb with a 16% increase over last year, followed closely by Santa Clara up 13%, Monterey up 12%, Santa Cruz up 11% and San Benito up 5%.
Total dollars sold for single family homes are also up. With the sale of a $31M+ home in Monterey, the county saw an increase in total dollars of more than 75% over October 2013. Santa Cruz has the next highest jump at a 16%, followed by Santa Clara up 9%, San Benito up 7% and San Mateo up only 2%.