Q4 2019 Market Overview of Santa Cruz County - from MLS Listings

Q4 2019 Santa Cruz County Market

• Median sales prices for single-family homes in Santa Cruz County hit the highest Q4 level ever at $888,725.

• Overall, the market is a bit tighter than it was at this time last year, with fewer new listings and less inventory. The number of sales decreased just slightly and, surprisingly, median days on market increased to 40 days from 29.

• “Notwithstanding the increase in median days on market, it’s clear that traveling down the freeway may get you lower prices but it certainly doesn’t get you an easier market.” – Eliot Eisenberg, PhD, MLSListings Partner Economist

• Although median sales prices eased just a bit from last year, most other metrics show that the common interest market in Santa Cruz County is still very tight.

_______

Single Family Homes in Santa Cruz (MLSLISTINGS) – Feb 4, 2020