Year-over-year we are seeing that both single family and condo/townhome markets are showing large swings in closed sales and median price. CLICK HERE for more data.

Silicon Valley Market Shows Sharp Year-Over-Year Median Price Increase

Single family home closed sales are down in Monterey and Santa Clara counties a small 2% and 3% respectively. While San Benito is up 6%, San Mateo is up 13% and Santa Cruz increased by 15%. Median prices for single family homes are up in all counties with the exception of San Benito with a small 1% drop. Monterey is up 6%, San Mateo is up with the highest jump of 18%, Santa Clara has a modest jump at 9% and Santa Cruz saw a 5% increase over Sept. 2013. Continue reading →