The Capitola remained below its 12-month average sales volume this week as sales fell 11.1% to hit eight homes sold over the last 30 days. On the other hand, close-by Santa Cruz registered 45 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $705,750 over the latest reporting period for Capitola, down from $825,000. In spite of the decrease in sales, a low three months of inventory signals that Capitola is a seller's market.
Want to get a head start on other buyers? Check out these new listings in Capitola:
Get started right now by checking out Capitola homes for sale or reviewing Capitola real estate trends.