Santa Cruz West Annual Real Estate Trends

Santa Cruz County West includes the following communities:

West Santa Cruz County
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 72 36 $274,000 $277,811        
1997 95 59 $300,000 $354,008 31.9% 63.9% 9.5% 27.4%
1998 72 46 $376,000 $406,835 -24.2% -22.0% 25.3% 14.9%
1999 63 53 $436,500 $491,653 -12.5% 15.2% 16.1% 20.8%
2000 67 49 $549,000 $651,807 6.3% -7.5% 25.8% 32.6%
2001 63 32 $562,500 $610,906 -6.0% -34.7% 2.5% -6.3%
2002 60 30 $626,500 $638,100 -4.8% -6.3% 11.4% 4.5%
2003 56 29 $595,000 $713,440 -6.7% -3.3% -5.0% 11.8%
2004 70 46 $699,500 $829,512 25.0% 58.6% 17.6% 16.3%
2005 67 33 $774,900 $834,220 -4.3% -28.3% 10.8% 0.6%
2006 57 19 $787,000 $944,579 -14.9% -42.4% 1.6% 13.2%
2007 58 30 $791,500 $957,477 1.8% 57.9% 0.6% 1.4%

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.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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