March 2024 Report
Single Family Homes in Santa Cruz County, All Cities, All Neighborhoods Change >
Average Price$1,386,540
+12.9%
Pending Properties128
+33.3%
Sale/List Price Ratio100.8%
+0.7%
Days of Inventory57
-12.5%
Trends at a Glance
| Trends At a Glance |
Mar 2024 |
Previous Month |
Year-over-Year |
| Median Price |
$1,315,000 (+5.2%) |
$1,250,000 |
$1,177,500 (+11.7%) |
| Average Price |
$1,386,540 (+12.9%) |
$1,228,000 |
$1,292,030 (+7.3%) |
| No. of Sales |
83 (+38.3%) |
60 |
92 (-9.8%) |
| Pending |
128 (+33.3%) |
96 |
72 (+77.8%) |
| Active |
157 (+12.9%) |
139 |
155 (+1.3%) |
| Sale vs. List Price |
100.8% (+0.7%) |
100.1% |
101.4% (-0.6%) |
| Days on Market |
36 (-32.8%) |
54 |
48 (-25.4%) |
| Days of Inventory |
57 (-12.5%) |
65 |
51 (+12.3%) |
Market Commentary
Prices improved in Mar 2024 with the median price climbing 5.2% from the previous month, up 11.7% compared to last year. The average price rose 12.9%, a yearly gain of 7.3%.
Inventory rose 21.3% from last month, and was up 25.6% year-over-year.