East Santa Cruz County Annual Real Estate Trends

Santa Cruz County East includes the following communities:

East Santa Cruz County
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 353 158 $244,500 $282,749        
1997 300 189 $264,000 $338,517 -15.0% 19.6% 8.0% 19.7%
1998 300 207 $269,250 $331,282 0.0% 9.5% 2.0% -2.1%
1999 267 201 $350,000 $424,428 -11.0% -2.9% 30.0% 28.1%
2000 317 222 $399,975 $556,671 18.7% 10.4% 14.3% 31.2%
2001 264 132 $432,250 $599,427 -16.7% -40.5% 8.1% 7.7%
2002 333 161 $482,000 $572,234 26.1% 22.0% 11.5% -4.5%
2003 296 194 $503,500 $643,344 -11.1% 20.5% 4.5% 12.4%
2004 341 243 $620,000 $719,847 15.2% 25.3% 23.1% 11.9%
2005 347 212 $772,500 $905,158 1.8% -12.8% 24.6% 25.7%
2006 335 147 $760,000 $979,353 -3.5% -30.7% -1.6% 8.2%
2007 362 116 $805,000 $985,340 8.1% -21.1% 5.9% 0.6%

East Santa Cruz County
(Townhomes/Condominiums)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 51 19 $285,000 $277,318        
1997 62 39 $310,000 $331,878 21.6% 105.3% 8.8% 19.7%
1998 57 52 $305,000 $303,159 -8.1% 33.3% -1.6% -8.7%
1999 42 46 $342,250 $348,900 -26.3% -11.5% 12.2% 15.1%
2000 53 41 $497,000 $619,497 26.2% -10.9% 45.2% 77.6%
2001 51 27 $635,000 $623,203 -3.8% -34.1% 27.8% 0.6%
2002 45 21 $704,000 $694,928 -11.8% -22.2% 10.9% 11.5%
2003 37 19 $665,000 $687,000 -17.8% -9.5% -5.5% -1.1%
2004 39 36 $680,000 $661,958 5.4% 89.5% 2.3% -3.6%
2005 36 61 $780,000 $827,111 -7.7% 69.4% 14.7% 24.9%
2006 54 31 $785,000 $764,589 50.0% -49.2% 0.6% -7.6%
2007 39 15 $865,000 $811,333 -27.8% -51.6% 10.2% 6.1%


DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.