Sea Horse Drive homes, La Selva Beach, Santa Cruz County, California (2016)

Sea Horse Drive homes, La Selva Beach, Santa Cruz County, California (2016)

Last 25 Months in Real Estate

We remain in a seller’s market in Santa Cruz County, with 2.7* months of inventory as of March 11th for single-family homes. The median sale price rose in February to $917k, which is 14.6% higher than the median sale price from February 2018. New listings increased last month, with 141 single-family homes listed for sale. Closings also increased, with 87 single-family homes closed. The average sale-to-list price ratio dropped to 97.5%, while average days on market rose to 66.

*Months of inventory tells us how many months it would take for all the current homes for sale on the market to sell. Less than 5 months of inventory generally indicates a seller’s market.

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Last Week in Real Estate

Home sales were up last week in Santa Cruz County, with 41 single-family homes sold between March 11th and 17th. The median list price dropped to $899k for single-family homes sold last week, with the median price per square foot at $558. The average home sold last week spent 34 days on the market. There are currently 252 single-family homes for sale in Santa Cruz County, up from 232 on the market this time last week.

Market Trends Since 2000

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Looking for more detailed or specific housing market information? Take a look at our community pages for market trends in specific Santa Cruz County neighborhoods. We are also happy to put together a targeted market analysis for your property or area of interest. Contact us to learn more.

 


Market data represents Single-Family Homes, Townhouses, & Condominiums in Santa Cruz County only. Market data is sourced from the MLSListings Inc. MLS system and is not guaranteed to be accurate. We have not and cannot verify the accuracy of information provided on this website. Read our full disclaimer here.

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