$10,000 Closing Credit*
$1,525,000
1,572 SqFt
2 Beds
•2 Full Baths
Bethany Madsen, Listing Office: Coldwell Banker Realty
Is Santa Cruz County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Santa Cruz County has remained a Seller's Market.
Key Takeaway
Santa Cruz County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Santa Cruz County, CA
How much do homes in Santa Cruz County, CA cost?
Median Sold Price
$1,146,915
$709/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,058(+0.5%)
Key Takeaway
Homes in Santa Cruz County have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Santa Cruz County was $1,146,915 in October 2024, up 0.5% from last year, and the median price per square foot was $709.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $635K | $592K | -6.8% |
| 2 Bedrooms | $805K | $835K | +3.7% |
| 3 Bedrooms | $1.2M | $1.2M | -0.8% |
| 4 Bedrooms | $1.5M | $1.5M | +2.9% |
| 5+ Bedrooms | $1.8M | $1.9M | +10.4% |
Summary: Santa Cruz County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Counties
| Santa Clara County | $1.4M | $1.5M | +9.6% |
| Monterey County | $804.6K | $869.2K | +8.0% |
| San Mateo County | $1.5M | $1.6M | +6.4% |
| San Benito County | $750K | $775K | +3.3% |
| Santa Cruz County | $1.1M | $1.1M | 0.5% |
Housing Supply in Santa Cruz County, CA
How many homes are available in Santa Cruz County, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 692 | 769 | +11.1% |
Summary: The Santa Cruz County real estate market had 769 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 49 | 49 | 0.0% |
| 2 Bedrooms | 180 | 205 | +13.9% |
| 3 Bedrooms | 293 | 327 | +11.6% |
| 4 Bedrooms | 116 | 127 | +9.5% |
| 5+ Bedrooms | 54 | 61 | +13.0% |
Summary: The Santa Cruz County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 177 | +43.9% |
Asking Price vs. Sold Price
84 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Santa Cruz County, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.
Summary: A total of 177 homes were sold or pending in Santa Cruz County in October 2024, up by 43.9% month-over-month. Of the 172 sold homes, 49% were sold under asking, 18% were sold at asking, and 33% were sold over asking.
Days on Market for Santa Cruz County, CA
How long does it take to sell a home in Santa Cruz County, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 38 Days | +27.1% |
Summary: Homes in Santa Cruz County had an average of 38 days on market in Oct 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
108 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Santa Cruz County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 177 homes were sold in Santa Cruz County; 61% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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