Silicon Valley Market Shows Sharp Year-Over-Year Median Price Increase
The analysis of the September market numbers is out.
In September we saw single family home closed sales decrease slightly in Monterey and Santa Clara 2%and 3% respectively. Meanwhile 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.