Santa Cruz Home Prices: Fell Last 2 Months, Overall Trends are Up, Here is Why
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Property prices fell, month-over-month, in February for the second month in a row. Interestingly, the median price was down year-over-year last month for the first time since last June.
Yes, that means for seven months in a row, the median price for single-family, re-sale homes has been higher than the year before.
It seems that more lower priced homes were sold thereby bringing the median price down.
The median price for single-family, re-sale homes is up 25% from the bottom of the market, which was reached in April 2009.
Market Stats by Santa Cruz Neighborhoods
My Santa Cruz Real Estate Report provides an automatic, easy to use, property analysis feature, a mini-CMA.
You can access it in the Property Analysis tab.
Input your address and get a list of properties around yours that have recently sold or are currently listed for sale, all on an easy to read map.
My Santa Cruz County Real Estate Market Trends Report provides local market data on-line and in print.
My on-line report provides an interactive experience where you can look at market trends down to the neighborhood level, please test drive it yourself.
The four-page, condensed printable version of the report provides a brief summary of the local market and has county foreclosure stats. You can access it here, click on photo below:
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