November’s complimentary Market Data Reports for the five MLSListings counties in Silicon Valley and the coastal regions are now available for subscribers to download.

Median Sale Prices Up as 2019 Draws to a Close

As we approach the end of the year, median sale prices grew in all five MLSListings counties compared to last November and rose in four of the five counties versus October. Factors possibly contributing to price increases include tightening inventory (down year-over-year in all counties except for San Benito) and fewer new listings (dropped in all five counties).

Closed sales numbers slid when compared to October and last November, with the exception being San Benito, which had a modest gain in sales year-over-year. Percent of list price received has remained steady for the past three months in all counties except for San Mateo, which dipped from 103% to 102% in November. Days on market remained in double digits across all five counties.

For a more in-depth look at the real estate landscape in the five MLSListings counties, download the November 2019 Market Data Reports:

• Single Family Homes Market Overview
• Condo/Townhouse Market Overview
• Market Snapshot (Year-Over-Year and Month-to-Month)