Showing posts with label Market Report. Show all posts
Showing posts with label Market Report. Show all posts

Wednesday, December 26, 2018

Real Estate End of Year Market Report for Santa Cruz | 2018

Get to know this quintessential California beach town!


Santa Cruz is located on the northern edge of Monterey Bay and has 29 miles of coastline and includes numerous state parks and beaches. It encompasses a total area of 607 square miles, of which 445 square miles is land and 162 square miles is water.

Santa Cruz CA Home

Many buyers looking for Santa Cruz CA homes for sale are drawn to its pristine beaches, lush redwood forests, and rich farmland. The area has an ideal Mediterranean climate with low humidity and sunshine 300 days a year.

Santa Cruz County includes the incorporated cities of Capitola, Santa Cruz, Scotts Valley, and Watsonville. Some of the most popular communities include Aptos, Bonny Doon, Brookdale, Corralitos, Felton, Larkin Valley, La Selva Beach, Los Gatos Mountains, Rio del Mar, Scotts Valley, Seacliff, and Soquel.


Find your dream home in Santa Cruz CA!


Home to more than 250,000 residents, the county’s strong local economy is anchored by technology, agriculture, and tourism. Santa Cruz CA is also known for its captivating blend of nostalgia, natural beauty, and engaging activities such as kayaking, sailing, hiking, surfing, and golf.


You’ll also find an array of art galleries, museum, festivals, and outdoor performances. There are premier cultural events such as Santa Cruz Shakespeare, Capitola Twilight Concerts, the Santa Cruz Film Festival, Scotts Valley Art and Wine, and Open Studios.


Real estate in Santa Cruz CA

The real estate market in Santa Cruz is diverse and includes single-family homes, waterfront houses on pristine beaches, condos, townhomes, apartment buildings, commercial development properties, golf properties, and land for sale.

Homes for Sale in Santa Cruz CA

The homes in this area offer the ultimate comfort and lifestyle with prices that are absolutely to die for. Living here, you’ll be constantly surrounded by beautiful nature and great surf.  It’s simply a wonderful place to call home.


End of Year Market Report for Santa Cruz CA

Last March, the median price of single-family homes in Santa Cruz County hit a record of $935,100. Since then, the median price has stayed above the $900,000 mark.

There was also an increase in the inventory of homes for sale. During the first week of November, there were 544 listings. This is 9% more than the available number of homes for sale last year.

As for the number of sold homes, it was the same as about last year. However, with more homes on the market, the unsold inventory index — listings divided by sales — was 3.1 months, up from 2.8 months a year ago.

According to MLSListings, the median days on the market to sell a home was 35 days in October, up from 20 days in last 2017.

The median price for condos in Santa Cruz County was $565,000 — down from the January record of $637,500 — on 41 sales. There were 138 listings, a 68 percent increase from a year ago, and the unsold inventory index rose to 3.4 months.

For next year, it has been predicted that California's median home price would go down by 0.2 percent.

Click here for the most recent list of homes for sale in Santa Cruz CA.

Call me, Sandy Wallace, at (831) 818-7099. I am here to assist you with all of your home buying and selling needs in Santa Cruz CA. I am committed to providing you with the best service possible.

 

In case you can not view this video here, please click the link below to view Real Estate End of Year Market Report for Santa Cruz | 2018 on my YouTube channel: https://www.youtube.com/watch?v=7TOVADoRQ7I&index=2&list=PLH3GvGx4MIHO6zHJbnM-Hwza_acCknQCS&t=0s

Friday, September 14, 2018

Santa Cruz CA Homes for Sale | Market Report for August 2018

You will love living in Santa Cruz!

 

Santa Cruz is located on the northern edge of Monterey Bay and is the quintessential California beach town. This place is known for its many beautiful beaches.


Homes for Sale in Santa Cruz CA


Buyers looking for Santa Cruz CA homes for sale are drawn to its stunning coastline, redwood forests, and great weather.  It is home to almost 280,000 residents.

Santa Cruz County is the gateway to the Monterey Bay National Marine Sanctuary, one of our nation's most spectacular marine protected areas, which offers some of the best wildlife viewing in the world.

It also has 29 miles of coastline and includes numerous state parks and beaches. Living here, you’ll be constantly surrounded by beautiful nature and great surf.  It’s simply a wonderful place to call home.


Enjoy the crowning jewel of the Golden State!

 

You will find numerous cultural and recreational activities, including sailing, fishing, golfing, surfing, kayaking and hiking. Cultural amenities in the area include the Santa Cruz County Symphony, the Cabrillo Music Festival, Shakespeare Santa Cruz, the McPherson Museum of Art and History, the University of California Performing Arts Center, and the Henry J. Mello Performing Arts Center.
Beautiful Santa Cruz CA homes are waiting for you!

Looking to buy a home in the area? You’ll find diverse options including gorgeous waterfront homes, secluded homes on acreage, and even golf properties. There are also luxury estates, condominiums, and townhomes.

Santa Cruz County includes the incorporated cities of Capitola, Santa Cruz, Scotts Valley, and Watsonville. Some of the popular communities include Aptos, Bonny Doon, Brookdale, Corralitos, Felton, Larkin Valley, La Selva Beach, Los Gatos Mountains, Rio del Mar, Scotts Valley, Seacliff, and Soquel.



Market Report for August 2018

There are currently 787 homes for sale in Santa Cruz CA with a median home value estimate of $761, 100.

Last July, there were 188 homes sold with an average sales price of  $981, 842 and 33 average DOM.



Santa Cruz CA Homes for sale


Homes for sale in Santa Cruz CA and median home value estimate
  
  • Aptos- 126 homes for sale- $845,200
  • Ben Lomond- 20 homes for sale- $649,500
  • Capitola-27 homes for sale- $716,300
  • Felton -38 homes for sale-$570,900 
  • Freedom - 8 homes for sale-$481,700
  • Santa Cruz - 249 homes for sale- $807,600
  • Scotts Valley - 41 homes for sale- $827,500
  • Soquel - 45 homes for sale- $796,100​


Click here for the most recent list of homes for sale in Santa Cruz CA.

Call me, Sandy Wallace, at (831) 818-7099. I am here to assist you with all of your home buying and selling needs in Santa Cruz CA. I am committed to providing you with the best service possible.

Wednesday, July 25, 2018

Santa Cruz CA Homes for Sale | Market Report for May-June 2018

Get ready to find the home of your dreams!

Santa Cruz County is situated at the northern tip of Monterey Bay, approximately 65 miles south of San Francisco, 35 miles north of Monterey, and 35 miles southwest of Silicon Valley. The area is known for its pristine beaches, lush redwood forests, and rich farmland. Residents and visitors alike love its ideal Mediterranean climate with low humidity and sunshine 300 days a year.


There are four incorporated cities in the County. The largest is the City of Santa Cruz, with a population of 59,946. The homes for sale in Santa Cruz are set in a classic beach community, spanning from the Beach Boardwalk to the University and the Redwoods to the Sea. 

Watsonville has a population of 51,199, Scotts Valley has 11,580, and Capitola has 9,918. Capitola by the Sea exudes the charm of a Mediterranean village with restaurants, shops, bakeries, and artist galleries. Scotts Valley, on the other hand, is considered as the gateway to the coastal redwoods and natural wonders of the area's State Parks. 

Ocean View Homes in Santa Cruz CA

Santa Cruz CA is truly a wonderful place to call home.

The county has 29 miles of coastline and includes numerous state parks and beaches. You’ll also find quaint shops and restaurants, along with a number of cultural and recreational activities, including sailing, fishing, golfing, surfing, kayaking, and hiking. 

Santa Cruz’s strong local economy is anchored in industries such as technology, agriculture, and tourism. Its county government has a workforce of 2,470 employees in 20 agencies and departments. 

Santa Cruz Homes for Sale

The homes in this area offer the ultimate comfort and lifestyle with prices that are absolutely to die for. The real estate market offers diverse options including gorgeous waterfront homes, secluded homes on acreage, and even golf properties. There are also luxury estates, condominiums, and townhomes.

Santa Cruz Oceanfront Homes

Market Report for May-June 2018

This report covers Santa Cruz County from Bonny Doon to Watsonville in the price range of $700,000 to $2, 500,000. There were 520 homes listed in May 2018. There were 139 homes sold during May 1, 2018 to May 31, 2018. 

Sellers accepted an offer while listed as coming soon on 12 homes. The average price for these homes is $1,323,417, while the average SF of these homes is 2,470 SF. The average price per square footage is $576.23. All the offers were over asking price.

Homes for sale in the city of Santa Cruz:

  • 91 Homes Listed
  • 39 Active- Average List Price $1,288,4
  • 22 Contingent Release- Average List Price $1,336,182
  • 8 Pending- Average List Price $1,088,625
  • 22 Sold Homes- Average List Price $1,138,351


Homes for Sale in Capitola by the Sea:

  • 88 Homes Listed
  • 44 Active- Average List Price  $1,456,924
  • 10 Contingent Release- Average List Price $1,52,650
  • 14 Pending- Average List Price $1,137,776
  • 20 Sold Homes- Average List Price  $1,095,023


Homes for Sale in Aptos:

  • 88 Homes Listed
  • 42 Active- Average List Price $1,264,505
  • 14 Contingent Release- Average List Price  $1,256.248
  • 7- Average List Price Pending $1,152,429
  • 25 Sold Homes- Average List Price $1,269,360


Call me, Sandy Wallace, at (831) 818-7099. I am here to assist you with all of your home buying and selling needs in Santa Cruz CA. I am committed to providing you with the best service possible.


In case you can not view this video here, please click the link below to view 🏡Santa Cruz CA Homes for Sale - Market Report for May-June 2018 on my YouTube channel: https://www.youtube.com/watch?v=V6kcvRLwz04&feature=youtu.be.