Bay Area | Silicon Valley November Market Activity

Here are some key takeaways to watch for:

• Median prices for the single-family market increased in all counties except Santa Clara with an all-time high median price in Monterey County, whereas in the common interest market median prices varied throughout the counties.

• Inventory decreased in all five counties in the single-family market in October compared to September. This is a typical, seasonal change, but we will keep watch on how that might affect prices going forward.

• Regarding market competitiveness, Days on Market (DOM) decreased in the single-family market but almost all counties increased in common interest. The sale-to-list price ratio either stayed the same or decreased in each county in the single-family market, whereas the common interest market increased only in Monterey County.

SAN MATEO COUNTY:

SANTA CLARA COUNTY:

SANTA CRUZ COUNTY:

MONTEREY COUNTY:

SAN BENITO COUNTY: