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Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Fulfilling Dreams, one Home at a Time.

Whether you are selling, buying, or investing, our goal is to meet your Real Estate needs so well that you recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Santa Cruz County Real Estate

The Iconic Santa Cruz Beach Boardwalk

Area Profile

Demographics: 

Business and Economy:

County Government

Santa Clara County is governed by a Board of Supervisors consisting of 5 members elected to overlapping 4-year terms. Supervisors are elected by district.
Santa Clara County Government Building on Heading Street.

Santa Cruz County Real Estate Market

Santa Cruz County Residential Real Estate Trends
Santa Cruz County Real Estate Trends: 12-month Average Sales Price and Average Sales to List Price Ratio by Month

This graph shows that average sales prices for homes in Santa Cruz County have remained fairly consistent over the past 12 months, with a slight wintertime dip followed by a jump up at the beginning of COVID.

The average sale price to list price ratio, indicated by the red line, dipped solidly below 100% in the later half of 2019, then climbed for the usual sprint market boom in March before declining again due to COVID. Still, an average sales to list price ratio of 98-99% demonstrates strong demand for Santa Cruz homes.

Santa Cruz County home sales by price range
Santa Cruz County Real Estate Trends: 12-month Residential sales by price range

The histogram above shows the breakdown of Santa Cruz County residential home sales by price range. Here we see the peak market segments runs from $400,000 to $1,000,000. Condos and Townhouses make up the bulk of the $400,000 to $800,000 market segment while Single Family homes fill in above that. 

Santa Cruz County Residential Market Average Days to Sell by Price Range
Real Estate: 6-month Average: Days to Sell versus Price Range

The average days to sell histogram shows that for homes priced between $400,000 and $1,600,000, sellers can expect to be in contract in about 3-5 weeks, down from 5-8 weeks a year ago. The long market times for homes in the $1,600,000 to $1,800,000 and $2,000,000 to $3,000,000 markets suggest sellers are trying to drive prices higher than buyers want to go.

In the sale-price-to-list-price-ration histogram here, we see that offers average below list in nearly all price brackets, compared to last year when offers sometimes exceeded list by 13% or more. This behavior, combined with the average days to sell for each price band suggest that Santa Cruz County sellers are, on average, pricing their properties a couple percent too high. This allows sellers who need to move quickly the opportunity to price below the prevailing list and get attention so as to sell quickly.

Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

Help me with Santa Cruz County Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018, 2019, 2020 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.