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

San Lorenzo Valley, California

Henry Cowell Redwoods
Henry Cowell Redwoods, photo from https://www.santacruz.org/blog/explore-the-hidden-san-lorenzo-valley/

Demographics

Business and the Economy

Government

City Government

The San Lorenzo Valley is part of Santa Cruz County. The towns of Felton, Ben Lomond, Brookdale, and Boulder Creek are actually census-designated places and do not have its own town government, rather they are governmed by the County of Santa Cruz.

Santa Cruz County Logo

San Lorenzo Valley Real Estate Market

Average Sales Price and Bidding Ratio

San Lorenzo Valley Residential Real Estate Price Trends
San Lorenzo Valley Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and the average sales price to list price ratio for sales in the San Lorenzo Valley for the past 12 months. Here we see that home prices in the Valley trailed off slowly in the late summer and fall, then surges upwards in December. As 2020 started, prices began climbing again in anticipation of the usual spring and summer selling season. The San Lorenzo Valley market seemed to shrug off the impacts of the COVID-19 restrictions that hit in mid march. 

The Average Sales to List Price Ratio represented by the red line, shows that demand-driven price pressure bottomed out in February but has maintained a strong showing outside of that.

Sales by Price Range

San Lorenzo Valley Home Sales by Price Range
San Lorenzo Valley Real Estate Trends: Sales by Price Range over the past 12 months

The histogram above depicts San Lorenzo Valley home sales by price range. Here we see the majority of home sales have occurred in the $400,000 to $800,000 range with a growing segment from $800,000 to $1,000,000.

Days on Market as a Function of List Price

San Lorenzo Valley Average Time on Market by Price Range
San Lorenzo Valley Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. Demand is high enough to keep average time on market low for condominiums and town homes, while single family homes tend to take 1-2 months to sell.

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home. 

This graph shows that most of the San Lorenzo market sells in about 4-7 weeks, though this data is correputed somewhat by reporting changes during the COVID-19 Shelter in Place.

Sales to List Price Ratio as a Function of List Price

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Here we see that winning offers have averaged between about 2% below to 1% above list for most price ranges indicating strong demand for mountain homes.

San Lorenzo Valley Average Sales to List Price Ratio by Price Range
San Lorenzo Valley Real Estate: 6-month Average Sale Price to List Price Ratio by Price Range

Help me with San Lorenzo Valley 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.