Santa Cruz County Market Report for October 2024
By Jessica Wallace, Santa Cruz Realtor (831) 419-9345
(Coldwell Banker - Santa Cruz)
October has brought a steady rhythm to Santa Cruz County’s real estate market, with stable pricing, a gradual increase in inventory, and a more balanced pace between buyers and sellers. Here’s what you need to know about the latest trends in the area.Average and Median Pricing TrendsIn terms of pricing, both single-family homes and condos/townhomes are showing consistency. Single-family homes hold a median price of around $1.4 million, reflecting minimal fluctuation month-over-month.Condos and townhomes are still ranging between $800,000 and $900,000, appealing to buyers seeking more affordable options than single-family homes.Days on Market (DOM) TrendThe median days on market (DOM) has seen a slight uptick, signaling a moderate approach from buyers. Single-family homes are averaging 1...
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