Sales Fall in Scotts Valley Real Estate Market

With home sales in the Scotts Valley market already below average, in this week's report they dropped 9.1% to 10 homes sold over the last 30 days. In comparison, nearby Santa Cruz had 45 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $715,000 over the latest reporting period for Scotts Valley, down from $800,000. In spite of the decrease in sales, a low two months of inventory signals that Scotts Valley is a definite seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in Scotts Valley:

$865K   $1.5M   $1.2M  

Get started right now by checking out Scotts Valley homes for sale or reviewing Scotts Valley real estate trends.

Demographic facts about Scotts Valley:

  • This area has a median house value of $548,400.
  • This area usually gets 76 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 10.6%.
  • The students per teacher ratio in this area is 22.2:1. (15.3:1 = national average)

Data reported through 10/12/2016

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