SEABRIGHT HOME VALUES - MARKET REPORT 2011
Seabright is a great neighborhood in Santa Cruz, CA filled with charming craftsman, victorian, and beach bungalow homes. People love to live in Seabright and be able to walk to Seabright Beach, Betty's burgers, the Seabright Brewery, Java Junction, La Posta . . . Seabright is a classic California beach neighborhood. Home values in Seabright have remained fairly strong compared to many other areas over the past few years.
Let's take a look at Seabright, CA home values in 2011:
There were about 38 homes sold in Seabright in 2011 with an average sale price of $753,000. The highest priced home home sold in Seabright in 2011 was a 4500 SF oceanview, craftsman style home that sold for $2,660,000, all cash.
The lowest priced home sale in Seabright in 2011 was small, 2 bedroom foreclosure that sold for $360,000 on Frederick St.
Last year about 45% of all home sales in Santa Cruz county were short sales or foreclosures. In Seabright this rate is much lower. There were 3 Seabright foreclosure sales and 2 short sales in Seabright in 2011, which means that the percent of distressed home sales in Seabright is only 10%. That is pretty great compared to the rest of the county and the state.
Seabright is a highly desireable area. There are full-time residents, commuters, and vacation home owners. It is a great place to live and vacation and there is a large buyer pool for this area.
Contact me at 831 419 9345 for more information about home values in Seabright, market trends, homes for sale in Seabright and community information.
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