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Coastal towns on different ends of prices and sales

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Saying “coastal communities will always be a great investment” is a broad generalization that cannot always be quantified. Sure, beachfront property is popular, but MLSListings released a comparative study of Monterey, San Benito, San Mateo, Santa Clara and Santa Cruz counties that points out some startling figures. Monterey is going all the way up Single-family home sales in Monterey County increased 27 percent in June year-over-year. During the same period, sales grew 23 percent in San Benito County and 4 percent in San Mateo County. When pitted against Santa Cruz and Santa Clara counties, the numbers are a bit scary. This year’s single-family home sales in Santa Cruz County are 26 percent below June 2015 and 2 percent lower in Santa Clara County. One positive is that all five …

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