Keller Williams Coastal Estates' Market Report

Santa Cruz, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Santa Cruz, CA

Fri Dec 01 2023
This week the median list price for Santa Cruz, CA is $1,727,500 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has decreased to 52. Click here to stay informed with the Santa Cruz market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Santa Cruz, CA

Fri Dec 01 2023
This week the median list price for Santa Cruz, CA is $1,727,500 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has decreased to 52. Click here to stay informed with the Santa Cruz market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Santa Cruz market.
Median List Price $1,727,500
Median Price of New Listings $1,597,000
Per Square Foot $1,123
Average Days on Market 68
Median Days on Market 35
Price Decreased 38%
Price Increased 2%
Relisted 10%
Inventory 52
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,490,000 2,414 8,000 - 10,000 sqft 4 3 28 0 1 35
$2,300,000 1,815 0.25 - 0.5 acre 4 2.5 38 1 2 28
$1,399,900 1,364 6,500 - 8,000 sqft 3 2 52 1 2 35
$1,095,000 1,194 0 - 4,500 sqft 2 1.5 54 0 2 42