Santa Cruz Real Estate Home Values
Santa Cruz housing medians for August 2008 show interesting information versus a year ago. As we face new lending issues, it is more critical to have experienced agents and mortgage people guiding you through your purchases. Visit Woodward O'Connor mortgage for great service in this difficult lending environment.
The buyers seem extremely active in the Watsonville market, which is a good thing. Our ratio of affordability is pretty good there and many buyers who were frozen out of the previous market can now afford the prices, but find the lending environment is difficult.
With the meltdown of Wall street having a temporary setback, I think investor confidence going to be restored. To see some of these great deals on short sales and foreclosures go to www. propertyinsantacruz.com
|
County/City/Area
|
# Sold |
August 2008 |
August 2007 |
% Change Yr-to-Yr |
| Santa Cruz County |
179 |
$490,000 |
$669,500 |
-26.81% |
| Aptos |
24 |
$757,500 |
$832,000 |
-8.95% |
| Ben Lomond |
7 |
$435,000 |
$595,000 |
-26.95% |
| Boulder Creek |
6 |
$352,500 |
$408,500 |
-13.71% |
| Capitola |
5 |
$680,000 |
$465,000 |
46.24% |
| Felton |
5 |
$375,000 |
$509,750 |
-4.56% |
| Freedom |
3 |
$375,000 |
0 |
0 |
| Santa Cruz |
56 |
$627,000 |
$655,000 |
-4.27% |
| Scotts Valley |
16 |
$827,500 |
$792,500 |
4.42% |
| Soquel |
4 |
$507,250 |
$759,000 |
-33.17% |
| Watsonville |
50 |
$333.500 |
$640,000 |
-47.89% |