August 2020 Data for MLSListings Counties (from North to South)

In San Mateo County, the median Residential Common Interest home cost $930,000 and sold in 12 days for 101%
of the list price based on 118 sales in August 2020.
• Inventory rose 9% from July, and up 105% from August 2019 with 287 homes available, compared to 140
homes last year.
• The market sped up – Average days on market (DOM) decreased -5 days from 27 to 22 days or -19%; median
DOM dropped 1 day from the month before.
• Number of new listings for the month of August decreased -9% over July but increased 66% from August of last year.
• Closed sales decreased -1% from July from 119 to 118, but up 3% from August 2019.
In Santa Clara County, the median Residential Common Interest home cost $825,000 and sold in 13 days for 101%
of the list price based on 322 sales in August 2020.
• Inventory rose 8% from July, and is up 1% from August 2019 with 760 homes available, compared to 756 homes
last year.
• Average days on market (DOM) decreased -6 days from 35 to 29 or -17%; median DOM dropped -2 days
from the month before.
• Number of new listings for the month of August decreased -5% over July and was up 13% from August of last year.
• Closed sales decreased -9% from July from 355 to 322 and down -3% from August 2019.
In Santa Cruz County, the median Residential Common Interest home cost $748,500 and sold in 19 days for 99%
of the list price based on 48 sales in August 2020.
• Inventory was down -19% from July and is down -6% from August 2019 with 104 homes available, compared
to 111 homes last year.
• Average days on market (DOM) increased by 21 days from 38 to 59 days or 55%; median DOM increased by 1
day from the month before.
• Number of new listings for the month of August decreased -18% over July and is down by -2% from August of last year.
• Closed sales decreased -19% from July from 59 to 48, but was up 14% from August 2019.
In Monterey County, the median Residential Common Interest home cost $627,500 and sold in 26 days for 99%
of the list price based on 42 sales in August 2020.
• Inventory was down -6% from July, and is down -36% from August 2019 with 92 homes available, compared
to 144 homes last year.
• Average days on market (DOM) dropped by -2 days, from 61 to 59 or -3%; median DOM dropped -6 days
from the month before.
• Number of new listings for the month of August decreased -3% over July and is the same as August of last year.
• Closed sales dipped by -9% from July from 46 to 42, and is up 5% from August 2019.
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Market Data Report
MLSListings Silicon Valley and Coastal Regions Condo/Townhouse Market Overview
In San Benito County, the median Residential Common Interest home cost $401,500 and sold in 8 days for 102%
of the list price based on 6 sales in August 2020.
• Inventory was down -50% from July, and is down -80% from August 2019 with 3 homes available, compared
to 15 homes last year.
• Average days on market (DOM) dropped by -128 days from 138 to 10 or -93%; median DOM dropped by -44 days
from the month before.
• Number of new listings for the month of August increased 25% over July and is up 400% from August of last year.
• Closed sales went up 20% from July from 5 to 6, and is up 100% from August 2019.