Scotts Valley Annual Real Estate Trends

Scotts Valley
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 355 207 $312,250 $341,120        
1997 377 278 $328,250 $361,058 6.2% 34.3% 5.1% 5.8%
1998 361 255 $395,000 $430,462 -4.2% -8.3% 20.3% 19.2%
1999 351 242 $437,000 $490,398 -2.8% -5.1% 10.6% 13.9%
2000 318 222 $544,000 $621,539 -9.4% -8.3% 24.5% 26.7%
2001 426 175 $575,000 $664,015 34.0% -21.2% 5.7% 6.8%
2002 392 254 $597,000 $671,285 -8.0% 45.1% 3.8% 1.1%
2003 360 245 $620,000 $703,369 -8.2% -3.5% 3.9% 4.8%
2004 343 257 $707,000 $792,778 -4.7% 4.9% 14.0% 12.7%
2005 335 192 $812,500 $912,957 -2.3% -25.3% 14.9% 15.2%
2006 431 201 $840,000 $908,958 28.7% 4.7% 3.4% -0.4%
2007 289 160 $877,500 $932,806 -32.9% -20.4% 4.5% 2.6%

Scotts Valley
(Townhomes/Condominiums)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 69 41 $160,000 $166,896        
1997 53 45 $179,000 $178,077 -23.2% 9.8% 11.9% 6.7%
1998 60 64 $188,500 $191,823 13.2% 42.2% 5.3% 7.7%
1999 58 47 $246,000 $242,386 -3.3% -26.6% 30.5% 26.4%
2000 54 49 $301,000 $308,562 -6.9% 4.3% 22.4% 27.3%
2001 61 40 $361,900 $356,055 13.0% -18.4% 20.2% 15.4%
2002 58 49 $365,000 $362,776 -4.9% 22.5% 0.9% 1.9%
2003 85 73 $400,000 $411,827 46.6% 49.0% 9.6% 13.5%
2004 59 56 $456,000 $457,127 -30.6% -23.3% 14.0% 11.0%
2005 49 73 $539,000 $555,216 -16.9% 30.4% 18.2% 21.5%
2006 71 44 $533,000 $527,727 44.9% -39.7% -1.1% -5.0%
2007 54 31 $500,000 $509,325 -23.9% -29.5% -6.2% -3.5%

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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