Keller Williams Coastal Estates' Market Report

Santa Cruz, CA

Single-Family Homes

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



Santa Cruz, CA

Mon Sep 28 2020
This week the median list price for Santa Cruz, CA is $1,699,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 61. 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

Mon Sep 28 2020
This week the median list price for Santa Cruz, CA is $1,699,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 61. 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 $1,699,000
Per Square Foot $770
Days on Market 88
Price Decreased 38%
Price Increased 3%
Relisted 8%
Inventory 61
Median Rent $2,950
Most Expensive $20,000,000
Least Expensive $760,000
Market Action 58
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
$4,995,000 3,378 0.25 - 0.5 acre 4 4 56 0 2 153
$2,495,000 2,800 8,000 - 10,000 sqft 4 4 40 1 2 106
$1,350,000 1,888 4,500 - 6,500 sqft 3 2 43 3 4 47
$875,000 1,225 4,500 - 6,500 sqft 3 2 45 6 4 46