Local Housing Statistics for Watsonville CA (95076) through December 2013
Watsonville CA has shown an increase in home prices of approximately 20% in the year 2013. The number of active listings in Watsonville (95076) dropped by 24% from the previous month. The median number of days active properties have been listed is 89. This is significantly shorter than the national average. The Median Listing Price is $637,270 and there are 98 active listings with 8.2% being Distressed Listings (Foreclosures and Short Sales). Watsonville home prices have seen 5 straight months of increase. With the increase in home prices AND the increase of interest rates, many home buyers are paying more in monthly payments. With a low inventory, prices are expected to continue to rise.
No, not at all. But, with the 20% increase in Watsonville home prices in 2013, at least the housing market is heading in the 'right' direction.