September 2020 Data for MLSListings Counties (from North to South):

In San Mateo County, the median Residential Common Interest home cost $925,000 and sold in 13 days for 100%
of the list price based on 129 sales in September 2020.
• Inventory rose 14% from August, and up 54% from September 2019 with 332 homes available, compared
to 215 homes last year.
• The market slowed down slightly – Average days on market (DOM) increased 2 days from 22 to 24 days
or 9%; median DOM increased 1 day from the month before.
• Number of new listings for the month of September increased 17% over August and increased 18%
from September of last year.
• Closed sales increased 8% from August from 119 to 129, and up 68% from September 2019.
In Santa Clara County, the median Residential Common Interest home cost $800,200 and sold in 15 days for 101%
of the list price based on 379 sales in September 2020.
• Inventory dropped -1% from August, and is down -2% from September 2019 with 755 homes available,
compared to 771 homes last year.
• Average days on market (DOM) increased 2 days from 29 to 31 or 7%; median DOM rose 2 days from the
month before.
• Number of new listings for the month of September increased 3% over August and was up 26%
from September of last year.
• Closed sales increased 17% from August from 323 to 379 and up 33% from September 2019.
In Santa Cruz County, the median Residential Common Interest home cost $729,000 and sold in 18 days for 101%
of the list price based on 55 sales in September 2020.
• Inventory was down -1% from August and is down -8% from September 2019 with 103 homes available,
compared to 112 homes last year.
• Average days on market (DOM) decreased by -3 days from 5 to 59 days or 55%; median DOM increased
by 1 day from the month before.
• Number of new listings for the month of September decreased -2% over August and is up by 11%
from September of last year.
• Closed sales increased 15% from August from 49 to 55, but was up 45% from September 2019.
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Market Data Report
MLSListings Silicon Valley and Coastal Regions Condo/Townhouse Market Overview
In Monterey County, the median Residential Common Interest home cost $610,000 and sold in 33 days for 99%
of the list price based on 37 sales in September 2020.
• Inventory was down -8% from August, and is down -28% from September 2019 with 87 homes available,
compared to 120 homes last year.
• Average days on market (DOM) increased by 11 days, from 59 to 70 or 19%; median DOM rose by 7 days
from the month before.
• Number of new listings for the month of September decreased 11% over August and is up 78% from
September of last year.
• Closed sales dipped by -12% from August from 42 to 37, but is up 12% from September 2019.
In San Benito County, the median Residential Common Interest home cost $465,000 and sold in 23 days for 98%
of the list price based on 3 sales in September 2020.
• Inventory was unchanged from August, but is down -81% from September 2019 with 3 homes available,
compared to 16 homes last year.
• Average days on market (DOM) rose by 49 days from 10 to 59 or 490%; median DOM increased by 15 days
from the month before.
• Number of new listings for the month of September was unchanged from August and is up 67%
from September of last year.
• Closed sales dipped by -50% from August from 6 to 3, and is down -40% from September 2019.