In San Mateo County, the median Residential Common Interest home cost $9215,000 and sold in 16 days for 101%
of the list price based on 135 sales in October 2020.
• Inventory rose 4% from September, and up 61% from October 2019 with 345 homes available, compared
to 214 homes last year.
• The market slowed down slightly – Average days on market (DOM) increased 2 days from 25 to 27 days
or 8%; median DOM increased 2 days from the month before.
• Number of new listings for the month of October decreased -11% over September and increased 40%
from October of last year.
• Closed sales increased 3% from September from 131 to 135, and up 14% from October 2019.
In Santa Clara County, the median Residential Common Interest home cost $828,027 and sold in 14 days for 101%
of the list price based on 397 sales in October 2020.
• Inventory rose 3% from September, and is up 16% from October 2019 with 776 homes available, compared
to 669 homes last year.
• Average days on market (DOM) dropped 2 days from 31 to 29 or -6%; median DOM lost 1 day from the
month before.
• Number of new listings for the month of October increased 13% over September and was up 57% from October
of last year.
• Closed sales increased 4% from September from 382 to 397 and up 12% from October 2019.
In Santa Cruz County, the median Residential Common Interest home cost $613,000 and sold in 12 days for 100%
of the list price based on 50 sales in October 2020.
• Inventory was up 5% from September but is down -4% from October 2019 with 109 homes available, compared
to 114 homes last year.
• Average days on market (DOM) decreased by -20 days from 56 to 36 days or -36%; median DOM decreased
by -6 days from the month before.
• Number of new listings for the month of October increased 29% over September and is up by 11% from October
of last year.
• Closed sales dropped -9% from September from 55 to 50, but was up 11% from October 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 $549,500 and sold in 28 days for 98%
of the list price based on 42 sales in October 2020.
• Inventory was down -10% from September and is down -25% from October 2019 with 78 homes available,
compared to 104 homes last year.
• Average days on market (DOM) increased by 5 days, from 73 to 78 or 7%; median DOM dropped by -7 days
from the month before.
• Number of new listings for the month of October decreased -7% over September but is up 12% from October
of last year.
• Closed sales rose by 11% from September from 38 to 42 but is down -5% from October 2019.
In San Benito County, the median Residential Common Interest home cost $397,000 and sold in 10 days for 101%
of the list price based on 5 sales in October 2020.
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