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

In San Mateo County, the median Residential Common Interest home cost $820,000 and sold in 29 days for 99%
of the list price based on 143 sales in December 2020.
• Inventory was down -35% from November, but up 128% from December 2019 with 198 homes available,
compared to 87 homes last year.
• The market slowed down – Average days on market (DOM) increased 6 days from 34 to 40 days or 18%;
median DOM increased 11 days from the month before.
• Number of new listings for the month of December decreased -42% over November but increased 91%
from December of last year.
• Closed sales increased 10% from November from 130 to 143, and up 15% from December 2019.
In Santa Clara County, the median Residential Common Interest home cost $827,000 and sold in 15 days for 100%
of the list price based on 355 sales in December 2020.
• Inventory decreased by -30% from November, but is up 61% from December 2019 with 464 homes available,
compared to 289 homes last year.
• Average days on market (DOM) increased 3 days from November from 29 to 32 or 10%; median DOM added
1 day from the month before.
• Number of new listings for the month of December decreased -12% over November and was up 155%
from December of last year.
• Closed sales decreased -8% from November from 385 to 355 but up 29% from December 2019.
In Santa Cruz County, the median Residential Common Interest home cost $629,000 and sold in 13 days for 100%
of the list price based on 54 sales in December 2020.
• Inventory was down -29% from November and is down -12% from December 2019 with 67 homes available,
compared to 76 homes last year.
• Average days on market (DOM) decreased by -2 days from 38 to 36 days or -5%; median DOM decreased
by -1 day from the month before.
• Number of new listings for the month of December decreased -8% over November and is up by 80%
from December of last year.
• Closed sales rose 13% from November from 48 to 54, but was up 54% from December 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 $479,500 and sold in 21 days for 99%
of the list price based on 40 sales in December 2020.
• Inventory was down -35% from November and is down -41% from December 2019 with 45 homes available,
compared to 76 homes last year.
• Average days on market (DOM) increased by 43 days, from 33 to 76 or 130%; median DOM rose by 7 days
from the month before.
• Number of new listings for the month of December decreased -4% over November but is up 69%
from December of last year.
• Closed sales rose by 11% from November from 36 to 40 and is up 38% from December 2019.
In San Benito County, the median Residential Common Interest home cost $481,250 and sold in 8 days for 99%
of the list price based on 2 sales in December 2020.
• Inventory was down -50% from November and is down -89% from December 2019 with 1 home available,
compared to 9 homes last year.
• Average days on market (DOM) dropped by -29 days from 37 to 8 or -78%; median DOM decreased
by -26 days from the month before.
• Number of new listings for the month of December decreased -100% from November and is down -100%
from December of last year.
• Closed sales dipped by -50% from November from 4 to 2 and is down -50% from December 2019.