June 2015 - General Overview

1. MLSListings Inc Confidential Copyright 2015 1
Market Snapshot – Jun 2015 vs. Jun 2014
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Chang
e
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
% Change
Monterey 1156 967 20% 245 206 19% $499,000 $482,000 4% $708,454 $706,934 0% $173,571,191 $145,628,533 19% 67 64 5% 359 311 15% 98.3 98.1 0%
San Benito 157 151 4% 52 44 18% $482,000 $421,000 14% $509,863 $474,926 7% $26,512,879 $20,896,753 27% 48 48 0% 53 60 -12% 99.1 98.5 1%
San Mateo 834 753 11% 420 443 -5% $1,300,000 $1,152,500 13% $1,670,457 $1,410,150 18% $701,591,779 $619,056,034 13% 21 24 -13% 486 569 -15% 109.9 106.1 4%
Santa Clara 2395 1814 32% 1109 1001 11% $1,000,000 $910,000 10% $1,318,461 $1,205,279 9% $1,462,173,123 $1,199,252,916 22% 22 20 10% 1321 1280 3% 106.9 105 2%
Santa Cruz 691 614 13% 219 181 21% $730,000 $699,500 4% $812,461 $763,717 6% $177,928,951 $138,232,848 29% 38 52 -27% 261 249 5% 100.9 99.3 2%
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Chang
e
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
%
Change
Jun
2015
Jun
2014
% Change
Monterey 99 111 -11% 30 15 100% $499,000 $383,000 30% $737,015 $344,733 114% $22,110,450 $5,171,000 328% 60 66 -9% 48 37 30% 97.3 98.7 -1%
San Benito 3 5 -40% 2 3 -33% $284,500 $250,000 14% $284,500 $256,000 11% $569,000 $768,000 -26% 8 5 60% 4 1 300% 99.1 99.2 0%
San Mateo 169 182 -7% 137 140 -2% $697,500 $610,000 14% $726,408 $635,471 14% $101,697,176 $85,788,665 19% 15 18 -17% 132 170 -22% 107.9 104.7 3%
Santa Clara 682 586 16% 455 396 15% $650,000 $525,500 24% $715,372 $587,211 22% $325,404,155 $232,535,950 40% 14 20 -30% 511 481 6% 107.6 103.8 4%
Santa Cruz 138 139 -1% 48 32 50% $446,000 $385,762 16% $475,416 $428,360 11% $22,819,972 $13,707,545 66% 27 41 -34% 65 51 27% 100.5 99.8 1%
Days on Market New Listings
County
Inventory * Closed Sales Median Price Average Price Total Dollars Days on Market
County
Inventory Closed Sales Median Price Average Price % to List Price Received
Condo/Townhouse Year over Year - June 2015 vs. June 2014
% to List Price Received
Single Family Year over Year - June 2015 vs. June 2014
New Listings
Total Dollars

2. MLSListings Inc Confidential Copyright 2015 2
Market Snapshot – Jun 2015 vs. May 2015
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Chang
e
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
% Change
Monterey 919 1156 21% 212 245 13% $539,500 $499,000 -8% $862,890 $708,454 -22% $182,932,721 $173,571,191 -5% 63 67 6% 315 359 12% 98.6 98.3 0%
San Benito 138 157 12% 47 52 10% $444,985 $482,000 8% $496,281 $509,863 3% $23,325,185 $26,512,879 12% 37 48 23% 62 53 -17% 99.7 99.1 -1%
San Mateo 825 834 1% 380 420 10% $1,347,500 $1,300,000 -4% $1,720,450 $1,670,457 -3% $653,771,131 $701,591,779 7% 18 21 14% 498 486 -2% 110.8 109.9 -1%
Santa Clara 2343 2395 2% 1006 1109 9% $997,500 $1,000,000 0% $1,304,465 $1,318,461 1% $1,312,291,582 $1,462,173,123 10% 20 22 9% 1388 1321 -5% 107.6 106.9 -1%
Santa Cruz 632 691 9% 180 219 18% $695,000 $730,000 5% $796,541 $812,461 2% $143,377,298 $177,928,951 19% 48 38 -26% 286 261 -10% 100.1 100.9 1%
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Chang
e
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
%
Change
May
2015
Jun
2015
% Change
Monterey 103 99 -4% 20 30 33% $385,000 $499,000 23% $457,075 $737,015 38% $9,141,500 $22,110,450 59% 73 60 -22% 38 48 21% 98 97.3 -1%
San Benito 3 3 0% 12 2 -500% $293,500 $284,500 -3% $313,608 $284,500 -10% $3,763,300 $569,000 -561% 61 8 -663% 1 4 75% 101.7 99.1 -3%
San Mateo 212 169 -25% 140 137 -2% $657,750 $697,500 6% $726,436 $726,408 0% $101,701,100 $101,697,176 0% 17 15 -13% 139 132 -5% 110.1 107.9 -2%
Santa Clara 716 682 -5% 378 455 17% $572,500 $650,000 12% $648,036 $715,372 9% $244,957,458 $325,404,155 25% 18 14 -29% 519 511 -2% 108.3 107.6 -1%
Santa Cruz 142 138 -3% 51 48 -6% $445,000 $446,000 0% $538,937 $475,416 -13% $27,485,799 $22,819,972 -20% 82 27 -204% 58 65 11% 100.9 100.5 0%
Total Dollars Days on Market New Listings
Single Family - Current Month vs. Prior Month - June 2015 vs. May 2015
County
Inventory Closed Sales Median Price Average Price % to List Price Received
% to List Price Received
Condo/Townhouse - Current Month vs. Prior Month - June 2015 vs. May 2015
County
Inventory Closed Sales Median Price Average Price Total Dollars Days on Market New Listings

3. MLSListings Inc Confidential Copyright 2015 3
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Single Family + Condo/Townhouse Inventory, Closed Sales, New Listings - Home Counties
Jan ’03 – Jun ’15

4. MLSListings Inc Confidential Copyright 2015 4
4
Single Family + Condo/Townhouse Inventory - Home Counties
Jan ’03 – Jun ’15

5. MLSListings Inc Confidential Copyright 2015 5
5
Single Family + Condo/Townhouse Inventory - Home Counties
Jan ’05 – Jun ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 4223 7295 8588 12447 12693 8558 10330 8140 3179 3578 4175
Feb 4839 8023 9184 13528 13079 9650 10803 8231 4296 3924 3932
Mar 5502 8827 10357 14355 13240 10910 11127 7991 4286 4322 5515
Apr 6434 9722 11812 15513 12806 11773 11506 7630 4765 4776 5944
May 7020 10819 12923 15787 11749 11903 11730 7712 5222 3520 6069
Jun 7189 11493 13287 15802 11104 12691 11740 7570 5616 5322 5233
Jul 7878 12317 13910 15948 10763 13016 11372 7306 5950 4389
Aug 8030 12122 14275 15356 10044 13072 11201 7116 5850 5378
Sep 8798 12239 13943 15192 9823 13294 10944 6523 5806 5290
Oct 8946 11490 14020 15070 9295 12440 10241 6173 5384 4863
Nov 8252 9968 13308 13849 8724 11500 9482 5292 4592 3925
Dec 6372 7874 11420 12221 7778 9825 7790 3901 3198 3174
Jun '05 7189
Jun '06 11493
Jun '07 13287
Jun '08 15802
Jun '09 11104
Jun '10 12691
Jun '11 11740
Jun '12 7570
Jun '13 5616
Jun '14 5322
Jun '15 5233
Home Counties - Single Family + Condo/Townhouse Inventory
Variance to
prior Years
Home Counties
Inventory
-27.2%
-54.5%
-60.6%
-66.9%
-52.9%
-58.8%
-55.4%
-30.9%
-6.8%
-1.7%
0
2000
4000
6000
8000
10000
12000
14000
16000
Jun
'05
Jun
'06
Jun
'07
Jun
'08
Jun
'09
Jun
'10
Jun
'11
Jun
'12
Jun
'13
Jun
'14
Jun
'15
15802
5233

6. MLSListings Inc Confidential Copyright 2015 6
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Single Family Inventory – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

7. MLSListings Inc Confidential Copyright 2015 7
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Single Family Inventory – Monterey, San Benito, Santa Cruz Counties
Jan ’04 – Jun ’15

8. MLSListings Inc Confidential Copyright 2015 8
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Single Family Inventory - Home Counties
Jun (2004 – 2015)

9. MLSListings Inc Confidential Copyright 2015 9
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Single Family Inventory - Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 1049 10.2% 198 -20.7% 1153 -27.7% 3276 -26.9% 813 -15.0%
Jun '05 1227 -5.8% 183 -14.2% 1029 -19.0% 2721 -12.0% 744 -7.1%
Jun '06 2345 -50.7% 386 -59.3% 1395 -40.2% 3793 -36.9% 1220 -43.4%
Jun '07 2780 -58.4% 491 -68.0% 1468 -43.2% 4469 -46.4% 1293 -46.6%
Jun '08 2760 -58.1% 568 -72.4% 1957 -57.4% 6071 -60.6% 1275 -45.8%
Jun '09 1742 -33.6% 276 -43.1% 1554 -46.3% 4096 -41.5% 1009 -31.5%
Jun '10 1830 -36.8% 291 -46.0% 1983 -57.9% 4491 -46.7% 1081 -36.1%
Jun '11 1697 -31.9% 302 -48.0% 1831 -54.5% 4152 -42.3% 993 -30.4%
Jun '12 1222 -5.4% 196 -19.9% 1158 -28.0% 2589 -7.5% 838 -17.5%
Jun '13 948 21.9% 123 27.6% 844 -1.2% 1873 27.9% 650 6.3%
Jun '14 967 19.5% 151 4.0% 753 10.8% 1814 32.0% 614 12.5%
Jun '15 1156 157 834 2395 691
Home Counties - Single Family Inventory (2015 vs. Prior Years)

10. MLSListings Inc Confidential Copyright 2015 10
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Single Family Months of Inventory – San Mateo, Santa Clara, Santa Cruz
Mar ’03 – Jun ’15 (Rolling Three Month Average)

11. MLSListings Inc Confidential Copyright 2015 11
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Single Family Months of Inventory – Monterey and San Benito Counties
Mar ’03 – Jun ’15 (Rolling Three Month Average)

12. MLSListings Inc Confidential Copyright 2015 12
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Single Family Market Outlook – Home Counties
Jun ’14 vs. Jun ’15

13. MLSListings Inc Confidential Copyright 2015 13
13
Single Family + Condo/Townhouse Closed Sales – Home Counties
Jan ’03 – Jun ’15

14. MLSListings Inc Confidential Copyright 2015 14
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Single Family + Condo/Townhouse Closed Sales - Home Counties
Jan ’05 – Jun ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 2078 1638 1539 877 1390 1529 1574 1552 1460 1330 1182
Feb 2048 1762 1658 1063 1497 1537 1648 1785 1597 1371 921
Mar 3210 2775 2248 1388 1916 2197 2399 2520 2289 1882 2068
Apr 3407 2595 2101 1664 2158 2245 2329 2517 2468 2402 2527
May 3376 2706 2270 1953 2355 2805 2369 2885 2780 2484 2407
Jun 3836 2847 2353 2123 2808 2592 2633 2639 2543 2456 2045
Jul 3396 2446 2136 2230 2788 2299 2238 2457 2643 1933
Aug 3538 2668 1962 2244 2421 2196 2446 2525 2559 2255
Sep 3312 2186 1223 2127 2503 2037 2144 2194 2258 2270
Oct 2881 2219 1426 2114 2577 1994 2008 2456 2404 2312
Nov 2667 2182 1328 1594 2138 1930 2038 2273 1899 1787
Dec 2408 2066 1201 1810 2325 2234 2201 2230 1859 1371
Jun '05 3836
Jun '06 2847
Jun '07 2353
Jun '08 2123
Jun '09 2808
Jun '10 2592
Jun '11 2633
Jun '12 2639
Jun '13 2543
Jun '14 2456
Jun '15 2045
Home Counties - Single Family + Condo/Townhouse Closed Sales
-21.1%
-22.3%
-22.5%
-19.6%
-46.7%
-28.2%
-13.1%
-3.7%
-16.7%
-27.2%
Home Counties
Closed Sales
Variance to
prior Years
0
500
1000
1500
2000
2500
3000
3500
4000
Jun
'05
Jun
'06
Jun
'07
Jun
'08
Jun
'09
Jun
'10
Jun
'11
Jun
'12
Jun
'13
Jun
'14
Jun
'15
3836
2045

15. MLSListings Inc Confidential Copyright 2015 15
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Single Family Closed Sales – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

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Single Family Closed Sales – San Mateo, Santa Clara Counties
Jun (2004 – 2015)

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Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties
Jan ’04 – Jun ’15

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Single Family Closed Sales – Monterey, San Benito, Santa Cruz Counties
Jun (2004 – 2015)

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Single Family Closed Sales – Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 342 -28.4% 93 -44.1% 662 -36.6% 1865 -40.5% 293 -25.3%
Jun '05 343 -28.6% 72 -27.8% 601 -30.1% 1604 -30.9% 235 -6.8%
Jun '06 192 27.6% 60 -13.3% 493 -14.8% 1192 -7.0% 210 4.3%
Jun '07 122 100.8% 23 126.1% 457 -8.1% 977 13.5% 163 34.4%
Jun '08 257 -4.7% 42 23.8% 376 11.7% 927 19.6% 153 43.1%
Jun '09 431 -43.2% 47 10.6% 420 0.0% 1189 -6.7% 184 19.0%
Jun '10 322 -23.9% 60 -13.3% 447 -6.0% 1090 1.7% 148 48.0%
Jun '11 270 -9.3% 44 18.2% 462 -9.1% 1097 1.1% 166 31.9%
Jun '12 248 -1.2% 50 4.0% 512 -18.0% 1093 1.5% 159 37.7%
Jun '13 214 14.5% 47 10.6% 463 -9.3% 1004 10.5% 185 18.4%
Jun '14 206 18.9% 44 18.2% 443 -5.2% 1001 10.8% 181 21.0%
Jun '15 245 52 420 1109 219
Home Counties - Single Family Sales (2015 vs. Prior Years)

20. MLSListings Inc Confidential Copyright 2015 20
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Single Family Total Sales Dollars – San Mateo and Santa Clara Counties
Jan ’04 – Jun ’15

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Single Family Total Sales Dollars – San Mateo, Santa Clara Counties
Jun (2004 – 2015)

22. MLSListings Inc Confidential Copyright 2015 22
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Single Family Total Sales Dollars – Santa Cruz, Monterey, and San Benito Counties
Jan ’04 – Jun ’15

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Single Family Total Sales Dollars – Monterey, San Benito, Santa Cruz
Counties
Jun (2004 – 2015)

24. MLSListings Inc Confidential Copyright 2015 24
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Single Family Total Sales Volume – Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 $267,529,636 -35.1% $48,805,100 -45.7% $643,589,961 9.0% $1,460,934,502 0.1% $197,481,565 -9.9%
Jun '05 $316,010,834 -45.1% $49,904,899 -46.9% $669,597,933 4.8% $1,483,432,084 -1.4% $204,605,980 -13.0%
Jun '06 $186,520,780 -6.9% $41,774,674 -36.5% $641,199,135 9.4% $1,179,949,621 23.9% $176,023,654 1.1%
Jun '07 $109,912,100 57.9% $17,962,500 47.6% $598,180,904 17.3% $1,041,974,330 40.3% $145,562,408 22.2%
Jun '08 $121,342,945 43.0% $14,973,518 77.1% $434,237,331 61.6% $853,910,267 71.2% $104,804,479 69.8%
Jun '09 $137,558,875 26.2% $14,242,870 86.1% $396,255,718 77.1% $818,608,320 78.6% $103,290,677 72.3%
Jun '10 $116,353,805 49.2% $19,365,175 36.9% $431,598,346 62.6% $852,393,994 71.5% $80,559,636 120.9%
Jun '11 $102,819,551 68.8% $12,256,316 116.3% $465,956,192 50.6% $901,159,274 62.3% $104,123,267 70.9%
Jun '12 $121,174,253 43.2% $15,393,488 72.2% $544,626,068 28.8% $992,893,690 47.3% $84,532,135 110.5%
Jun '13 $149,519,152 16.1% $19,597,830 35.3% $595,151,390 17.9% $1,028,334,182 42.2% $123,463,180 44.1%
Jun '14 $158,338,743 9.6% $20,896,753 26.9% $619,056,034 13.3% $1,199,252,916 21.9% $138,232,848 28.7%
Jun '15 $173,571,191 $26,512,879 $701,591,779 $1,462,173,123 $177,928,951
Home Counties - Single Family Total Sales Dollars (2015 vs. Prior Years)

25. MLSListings Inc Confidential Copyright 2015 25
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Single Family + Condo/Townhouse New Listings - Home Counties
Jan ’03 – Jun ’15

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Single Family + Condo/Townhouse New Listings - Home Counties
Jan ’05 – Jun ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan 3291 4061 3519 3947 3907 3334 3380 2890 2170 2164 1727
Feb 3561 4080 3508 4353 3867 3711 3373 3011 2534 2496 1616
Mar 4912 5140 4828 4785 4397 4649 3953 3313 3011 3081 3129
Apr 5359 4787 4745 5185 3909 4613 3916 3151 3499 3380 3324
May 5224 6019 5279 4934 3636 4044 3986 3551 3592 3520 3298
Jun 5392 6152 4894 4840 3820 4423 3784 3132 3358 3209 2480
Jul 5210 5523 4747 4530 3915 4089 3429 3096 3529 2420
Aug 5450 5356 4720 4344 3612 3867 3342 2941 3163 2850
Sep 5544 4810 4143 4632 3608 3726 3095 2619 3016 2924
Oct 5106 3763 4202 4468 3480 3267 2988 2732 2650 2497
Nov 3648 2646 3034 3098 2700 2657 2355 1923 1774 1531
Dec 1929 1666 2223 2656 2219 2088 1724 1237 1113 705
Jun '05 5392
Jun '06 6152
Jun '07 4894
Jun '08 4840
Jun '09 3820
Jun '10 4423
Jun '11 3784
Jun '12 3132
Jun '13 3358
Jun '14 3209
Jun '15 2480
Home Counties - Single Family + Condo/Townhouse New Listings
-22.7%
-35.1%
-43.9%
Variance to
prior Years
Home Counties
New Listings
-54.0%
-34.5%
-20.8%
-26.1%
-59.7%
-49.3%
-48.8%
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
Jun
'05
Jun
'06
Jun
'07
Jun
'08
Jun
'09
Jun
'10
Jun
'11
Jun
'12
Jun
'13
Jun
'14
Jun
'15
6152
2480

27. MLSListings Inc Confidential Copyright 2015 27
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Single Family New Listings – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

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Single Family New Listings – Monterey, San Benito, Santa Cruz Counties
Jan ’04 – Jun ’15

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Single Family New Listings - Home Counties
Jun (2004 – 2015)

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Single Family New Listings - Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 501 -28.3% 121 -56.2% 830 -41.4% 2433 -45.7% 344 -24.1%
Jun '05 548 -34.5% 129 -58.9% 800 -39.3% 2150 -38.6% 363 -28.1%
Jun '06 665 -46.0% 154 -65.6% 880 -44.8% 2491 -47.0% 489 -46.6%
Jun '07 566 -36.6% 97 -45.4% 711 -31.6% 2001 -34.0% 345 -24.3%
Jun '08 675 -46.8% 92 -42.4% 639 -23.9% 2137 -38.2% 328 -20.4%
Jun '09 467 -23.1% 94 -43.6% 585 -16.9% 1560 -15.3% 310 -15.8%
Jun '10 504 -28.8% 92 -42.4% 766 -36.6% 1839 -28.2% 301 -13.3%
Jun '11 450 -20.2% 81 -34.6% 651 -25.3% 1516 -12.9% 250 4.4%
Jun '12 330 8.8% 62 -14.5% 582 -16.5% 1286 2.7% 239 9.2%
Jun '13 305 17.7% 53 0.0% 542 -10.3% 1335 -1.0% 247 5.7%
Jun '14 311 15.4% 60 -11.7% 569 -14.6% 1280 3.2% 249 4.8%
Jun '15 359 53 486 1321 261
Home Counties - Single Family New Listings (2015 vs. Prior Years)

31. MLSListings Inc Confidential Copyright 2015 31
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Single Family Median Prices – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

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Single Family Median Prices – Monterey, San Benito, Santa Cruz Counties
Jan ’04 – Jun ’15

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Single Family Median Prices - Home Counties
Jun (2004 – 2015)

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Single Family + Condo/Townhouse Median Price - Home Counties
Jan ’05 – Jun ’15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Jan $625,000 $695,000 $699,000 $660,000 $380,000 $450,000 $435,500 $415,000 $540,000 $640,000 $683,000
Feb $651,000 $699,950 $705,000 $680,000 $381,000 $465,400 $420,000 $438,875 $555,000 $668,000 $823,188
Mar $669,000 $707,000 $740,000 $677,750 $369,000 $499,900 $460,000 $475,000 $615,000 $729,000 $840,000
Apr $685,000 $704,865 $775,000 $655,000 $404,000 $500,000 $480,000 $502,500 $676,250 $735,000 $825,000
May $685,000 $725,000 $775,000 $650,000 $415,000 $522,500 $477,750 $527,500 $688,945 $748,500 $850,000
Jun $708,000 $740,000 $768,500 $639,000 $460,000 $525,500 $515,000 $559,000 $670,000 $765,000 $837,375
Jul $700,000 $725,000 $759,975 $595,000 $487,750 $535,000 $484,500 $565,000 $692,000 $718,000
Aug $710,000 $720,000 $761,000 $545,445 $476,000 $510,500 $490,000 $560,000 $670,000 $738,000
Sep $695,000 $715,000 $750,000 $490,000 $469,825 $500,000 $465,000 $560,000 $670,000 $730,000
Oct $699,000 $711,500 $758,000 $477,200 $487,944 $500,000 $455,000 $567,000 $668,150 $750,000
Nov $700,000 $709,000 $750,000 $435,000 $500,000 $492,000 $437,500 $565,000 $659,250 $745,000
Dec $690,500 $695,000 $702,900 $410,000 $480,000 $463,750 $440,000 $563,000 $655,000 $801,000
Jun '05 $708,000
Jun '06 $740,000
Jun '07 $678,500
Jun '08 $639,000
Jun '09 $460,000
Jun '10 $525,500
Jun '11 $515,000
Jun '12 $559,000
Jun '13 $670,000
Jun '14 $765,000
Jun '15 $837,365
49.8%
25.0%
23.4%
31.0%
82.0%
59.3%
62.6%
9.5%
Home Counties
Median Price
Variance to
prior Years
18.3%
13.2%
Home Counties - Single Family + Condo/Townhouse Median Price
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
Jun
'05
Jun
'06
Jun
'07
Jun
'08
Jun
'09
Jun
'10
Jun
'11
Jun
'12
Jun
'13
Jun
'14
Jun
'15
$765,000
$837,365

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Single Family Median Prices - Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 $575,000 -13.2% $500,000 -3.6% $800,000 62.5% $642,000 55.8% $599,500 21.8%
Jun '05 $675,000 -26.1% $620,000 -22.3% $900,000 44.4% $760,000 31.6% $793,000 -7.9%
Jun '06 $687,500 -27.4% $629,900 -23.5% $940,000 38.3% $819,950 22.0% $760,000 -3.9%
Jun '07 $715,000 -30.2% $635,000 -24.1% $999,000 30.1% $865,000 15.6% $780,000 -6.4%
Jun '08 $364,000 37.1% $309,000 56.0% $890,000 46.1% $748,500 33.6% $610,000 19.7%
Jun '09 $206,000 142.2% $269,900 78.6% $765,000 69.9% $550,500 81.7% $519,000 40.7%
Jun '10 $281,000 77.6% $295,000 63.4% $750,000 73.3% $630,000 58.7% $523,000 39.6%
Jun '11 $290,000 72.1% $249,500 93.2% $758,500 71.4% $635,000 57.5% $545,000 33.9%
Jun '12 $289,500 72.4% $260,950 84.7% $826,250 57.3% $695,000 43.9% $495,000 47.5%
Jun '13 $417,000 19.7% $365,000 32.1% $1,010,000 28.7% $811,206 23.3% $585,000 24.8%
Jun '14 $482,000 3.5% $421,000 14.5% $1,152,500 12.8% $910,000 9.9% $699,500 4.4%
Jun '15 $499,000 $482,000 $1,300,000 $1,000,000 $730,000
Home Counties - Single Family Median Price (2015 vs. Prior Years)

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Single Family Average Price – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

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Single Family Average Price – Monterey, San Benito, Santa Cruz Counties
Jan ’04 – Jun ’15

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Single Family Average Price - Home Counties
Jun (2004 – 2015)

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Single Family Average Price - Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 $782,250 -9.4% $524,786 -2.8% $972,190 71.8% $783,343 68.3% $673,999 20.5%
Jun '05 $921,314 -23.1% $693,124 -26.4% $1,114,140 49.9% $924,833 42.6% $870,664 -6.7%
Jun '06 $971,462 -27.1% $696,245 -26.8% $1,300,607 28.4% $989,891 33.2% $838,208 -3.1%
Jun '07 $900,919 -21.4% $780,978 -34.7% $1,308,930 27.6% $1,066,504 23.6% $893,021 -9.0%
Jun '08 $714,829 -0.9% $356,512 43.0% $1,157,966 44.3% $922,149 43.0% $684,996 18.6%
Jun '09 $302,092 134.5% $303,039 68.2% $945,717 76.6% $688,484 91.5% $654,429 24.1%
Jun '10 $508,411 39.3% $322,752 58.0% $965,544 73.0% $782,730 68.4% $544,321 49.3%
Jun '11 $481,022 47.3% $278,552 83.0% $1,017,371 64.2% $822,976 60.2% $627,248 29.5%
Jun '12 $289,500 144.7% $260,950 95.4% $826,250 102.2% $695,000 89.7% $495,000 64.1%
Jun '13 $550,606 28.7% $416,975 22.3% $1,293,807 29.1% $1,027,306 28.3% $667,368 21.7%
Jun '14 $706,934 0.2% $474,926 7.4% $1,410,150 18.5% $1,205,279 9.4% $763,717 6.4%
Jun '15 $708,454 $509,863 $1,670,437 $1,318,461 $812,461
Home Counties - Single Family Average Price (2015 vs. Prior Years)

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Condo/Townhouse Market Outlook – Home Counties
Jun ’14 vs. Jun ’15

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Condo/Townhouse Total Sales Dollars – San Mateo and Santa Clara Counties
Jan ’04 – Jun ’15

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Condo/Townhouse Total Sales Dollars – San Mateo, Santa Clara Counties
Jan ’04 – Jun ’15

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Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties
Jun (2004 – 2015)

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Condo/Townhouse Total Sales Dollars – Monterey, San Benito, Santa Cruz Counties
Jun (2004 – 2015)

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Condo/Townhouse Total Sales Dollars – Home Counties
Jun (2004 – 2015)
Monterey
County
San Benito
County
San Mateo
County
Santa Clara
County
Santa Cruz
County
Jun '04 $25,168,500 -12.2% $582,000 -2.2% $122,742,164 -17.1% $292,959,028 11.1% $29,649,505 -23.0%
Jun '05 $23,171,900 -4.6% $1,334,000 -57.3% $124,656,509 -18.4% $335,664,339 -3.0% $37,405,616 -39.0%
Jun '06 $13,358,825 65.5% $2,376,500 -76.1% $88,834,059 14.5% $250,484,202 29.9% $23,745,950 -3.9%
Jun '07 $13,367,000 65.4% $275,000 106.9% $85,476,838 19.0% $240,053,974 35.6% $19,591,175 16.5%
Jun '08 $8,017,400 175.8% $250,000 127.6% $43,004,765 136.5% $126,245,937 157.8% $14,601,167 56.3%
Jun '09 $7,314,550 202.3% $243,900 133.3% $50,266,267 102.3% $136,079,300 139.2% $11,521,360 98.1%
Jun '10 $9,393,300 135.4% $252,000 125.8% $60,186,615 69.0% $138,157,738 135.6% $13,985,220 63.2%
Jun '11 $8,990,700 145.9% $969,250 -41.3% $49,103,656 107.1% $150,683,805 116.0% $11,990,600 90.3%
Jun '12 $6,336,500 248.9% $210,001 171.0% $59,707,349 70.3% $162,964,728 99.7% $12,604,355 81.0%
Jun '13 $10,669,400 107.2% $195,000 191.8% $83,825,538 21.3% $215,260,286 51.2% $24,289,234 -6.0%
Jun '14 $5,171,000 327.6% $768,000 -25.9% $85,778,665 18.6% $232,535,950 40.0% $13,707,545 66.5%
Jun '15 $22,110,450 $569,000 $101,697,176 $325,494,155 $22,819,972
Home Counties - Condo+Townhouse Total Sales Dollars (2015 vs. Prior Years)

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Condo/Townhouse Months of Inventory – San Mateo, Santa Clara, Santa Cruz
Mar ’03 – Jun ’15 (Rolling Three Month Average)

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Condo/Townhouse Months of Inventory – Monterey and San Benito Counties
Mar ’03 – Jun ’15 (Rolling Three Month Average)