Capitola Homes for Sale - Market Report 2011

CAPITOLA HOMES FOR SALE – MARKET REPORT 2011

Capitola is a small beach town located in Santa Cruz County and is one of the most desirable places to live on the West Coast.  Capitola attracts second home and vacation home buyers with its quaint atmosphere and easy beach living.  Capitola is a great place to live full-time and raise a family as well.  Capitola is a great community with many events and fun things to do like the Capitola Art & Wine Festival and Capitola Begonia Festival.  Let’s take a look at Capitola homes for sale and the sales activity in 2011.

Capitola Homes for Sale – Market Report 2011: 

There were 43 homes sold in Capitola in 2011, this number is down slightly from 2010 when 50 Capitola homes sold.

The average price of a Capitola home for sale in 2011 was $728,000 down from 2010 when the average home price in Capitola was $834,000.  Capitola homes sell for much higher than Santa Cruz county as a whole where the current average home sale price hovers around $450,000.

The highest priced Capitola home for sale in 2011 was an oceanfront lot in Depot Hill that sold for $2,200,000.

The lowest priced Capitola home for sale was a small 2 bedroom near 41st Avenue Mall that was a short sale home, it sold for $350,000.

You can find homes priced under $500,000 in Capitola and you will find short sale and foreclosures in Capitola along with multi-million dollar beach homes.  Capitola has some wonderful neighborhoods like the Jewel Box, Depot Hill and Cliffwood Heights.

Contact me for more information about Capitola homes for sale and Capitola community information.