Santa Cruz California housing sales medians for July 2008- declining values mean great buyer opportunities

Posted Aug 30, 2008 @ 10:04 pm, Viewed by 303 Visitors, Read 339 Times.

Santa Cruz California Home Sales Price Medians

Santa Cruz County housing sales for July 2008

This table shows the value declines in a given month. While it may not be reflective of the area as a whole, is to be considered in finding great real estate investments in Santa Cruz County.These figures are reporting resales of single family residences and condos as well as new homes.

Month to month variances in an area have a seasonailty and should not be construed that an area is stricken necesssarily. Averages vary by the number or sales and the price ranges that are selling.This is measuring the median sales price change from July 2007 to this year, July 2008.

While a decline in value should be taken with a margarita, most homeowners who own their home for the normal 5-10 year holding period will be just fine. Those first time home buyers who missed buying in the last several years have a golden opportunity now. Investors are in the market in Santa Cruz County and getting great values in selected areas. Call me to find out where.



% Change is from the same month last year

County/city/area # sold July 2008 July 2007 % Change yr to yr- this month
Santa Cruz County 189 510,000 720,000 -29.17%
Aptos 35 $625,000 $722,500 -13.49%
Ben Lomond 5 $620,000 $638,750 -2.94%
Boulder Creek 5 $554,000 $397,500 -39.37%
Capitola 6 $386,000 $717,700 -46.20%
Felton 6 $375,000 $547,000 -31.44%
Freedom 5 $300,000 $555,000 -45.95%
Santa Cruz 59 $617,000 $749,000 -17.56%
Scotts Valley 7 $845,000 $827,000 2.18%
Soquel 2 $710,000 $774,000 -8.27%
Watsonville 55 $370,000 $607,000 -39.94%

 

To find the available homes for sale in Santa Cruz or to see the individual towns of interest from the San Lorenzo Valley community of Boulder Creek to Watsonville, follow the link. There are some great values for investors or first time byers. Call Gregg Camp at 831-818-7524 for more properties in Santa Cruz and the surrounding areas.

The Santa Cruz California area is a vibrant community, located on the north end of Monterey Bay, and is home to artisans, beach goers, hi tech types, and college students.There is plenty of natural beauty from the ocean side coastal beach towns to the little mountain communities. Let my 30 years or local knowledge and 20 years of real estate help you find the right home or property in Santa Cruz..As a Santa Cruz Seniors Real Estate Specialist,( SRES) let me help find a place for your parents or you that meets your needs now and in the future.

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