Jesse Collins

Scotts Valley, CA 95066

Single-Family Homes

The Maverick Group DRE: 02077797


Scotts Valley, CA 95066

Thu Sep 19 2024
This week the median list price for Scotts Valley, CA 95066 is $1,497,000 with the market action index hovering around 36. This is less than last month's market action index of 41. Inventory has increased to 26. Click here to stay informed with the Scotts Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Scotts Valley, CA 95066

Thu Sep 19 2024
This week the median list price for Scotts Valley, CA 95066 is $1,497,000 with the market action index hovering around 36. This is less than last month's market action index of 41. Inventory has increased to 26. Click here to stay informed with the Scotts Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Scotts Valley market.
Median List Price $1,497,000
Median Price of New Listings $1,474,000
Per Square Foot $740
Average Days on Market 72
Median Days on Market 53
Price Decreased 50%
Price Increased 0%
Relisted 27%
Inventory 26
Median Rent
Market Action 36
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,262,500 3,824 0.5 - 1 acre 4 3.5 14 1 0 66
$1,573,500 2,450 0.25 - 0.5 acre 3 2.8 46 1 0 66
$1,450,000 1,833 0.25 - 0.5 acre 3 2.5 47 2 0 7
$999,000 1,252 6,500 - 8,000 sqft 3 2 36 0 0 91