Market Trends

The Real Estate Report

Local market trends for Santa Cruz County

Home Prices & Sales Down in December

Sales of single-family, re-sale homes were down 3.7% compared to last December. There were 79 homes sold in Santa Cruz County last month. The average since 2000 is 157.

The median sales price for single-family, re-sale homes was down 9.8% year-over-year last month.

The average sales price fell 4.8%, year-over-year.

Inventory was down 16.8% compared to last December.

As of January 5th, there were 144 homes for sale in Santa Cruz County. The average since January 2003 is 681.

The sales price to list price ratio dropped from 99.2% to 97.6%.

Seventy-three homes went into escrow last month, a decline of 50.7% compared to last year.

Days of Inventory fell from 94 to 55. The average since 2003 is one hundred and thirty-nine.

Days on market rose from thirty to forty-four. That is the time from when a home is listed to when it goes into contract.The median sales price for condos was down 3.5% year-over-year. The average sales price rose 13.1%.

Condo sales were up 15% year-over-year. Twenty-three condos were sold last month.

Inventory was up 126.3%.

As of January 5th, there were forty-three condos for sale in Santa Cruz County. The average since January 2003 is 141.

Days of inventory fell from seventy to fifty-six.

It took thirty-six days, on average, to sell a condo last month.

If you are planning on selling your property, call me for a free comparative market analysis.

2023-12 Sales and Price

Trends At A Glance

For display purposes and ease of use - Prices have been rounded to thousands.

For full detail of this data, Please review the full monthly report

SINGLE FAMILY HOME SALES YEAR TO DATE

Median Price

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Average Price

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Pending Properties

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Active Listings

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Sold Homes

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Sale/List Price Ratio

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Days on Market

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Days of Inventory

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CONDO SALES YEAR TO DATE

Median Price

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Average Price

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Pending Properties

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Active Listings

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Sold Homes

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Sale/List Price Ratio

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Days on Market

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Days of Inventory

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