January 2025 Report
Single Family Homes in Santa Cruz County, All Cities, All Neighborhoods Change >
Average Price$1,361,710
+2.7%
Pending Properties73
+1.4%
Sale/List Price Ratio98.7%
-1.4%
Days of Inventory95
+35.5%
Trends at a Glance
| Trends At a Glance |
Jan 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$1,227,500 (-1.8%) |
$1,250,000 |
$1,190,000 (+3.2%) |
| Average Price |
$1,361,710 (+2.7%) |
$1,325,520 |
$1,267,480 (+7.4%) |
| No. of Sales |
66 (-20.5%) |
83 |
53 (+24.5%) |
| Pending |
73 (+1.4%) |
72 |
82 (-11.0%) |
| Active |
209 (+7.7%) |
194 |
136 (+53.7%) |
| Sale vs. List Price |
98.7% (-1.4%) |
100.1% |
99.3% (-0.6%) |
| Days on Market |
40 (-1.7%) |
41 |
52 (-22.1%) |
| Days of Inventory |
95 (+35.5%) |
70 |
77 (+23.4%) |
Market Commentary
Sales of single-family, re-sale homes were up 24.5% compared to last January. There were 66 homes sold in Santa Cruz County last month. The average since 2000 is 157.
The median sales price for single-family, re-sale homes was up 3.2% year-over-year last month.
The average sales price gained 7.4%, year-over-year.
Inventory was up 53.7% compared to last January.
As of February 5th, there were 209 homes for sale in Santa Cruz County. The average since January 2003 is 681.
The sales price to list price ratio fell from 100.1% to 98.7%.
Seventy-three homes went into escrow last month, a decrease of 11% compared to last year.
Days of Inventory rose from 70 to 95. The average since 2003 is one hundred and thirty-nine.
Days on market was forty. That is the time from when a home is listed to when it goes into contract.
The median sales price for condos gained 12.% year-over-year. The average sales price rose 2.3%.
Condo sales were up 10.5% year-over-year. Twenty-one condos were sold last month.
Inventory was up 60.9%.
As of February 5th, there were seventy-four condos for sale in Santa Cruz County. The average since January 2003 is 141.
Days of inventory fell from one hundred & nine to one hundred & six.
It took forty-one days, on average, to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.