Santa Cruz Real Estate Market Sees Home Sales Decline

The Santa Cruz market broke below its 12-month average sales volume this week as sales dropped 25.0% to hit 33 homes sold over the last 30 days. Within the same time frame, Rio del Mar had 17 sales, the most of all cities in the area. Prices are rising in Santa Cruz, and the median sales price this period increased from $783,500 to $825,000. With only two months of inventory to sell, Santa Cruz is a definite seller's market, in spite of the dip in sales.

Looking for a more classic home in Santa Cruz? These are older homes currently available in the market:

$998K   $849K   $195K  

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

Demographic facts for Santa Cruz:

  • The median value of all homes in the area is $528,000.
  • The area gets 65 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 10.6%.
  • The student-to-teacher ratio is 20.2:1. (15.3:1 = national average)

Data reported through 10/19/2016


Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 3 homes in this area
Bailey Properties
Snapped 325 homes in this area
Keller Williams-Santa Cruz
Snapped 15 homes in this area

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