Santa Cruz real estate showing more balance in April home sales prices.
Posted Jun 11, 2009 @ 12:04 pm, Viewed by 395 Visitors, Read 406 Times.California Home Sale Price Medians by City in Santa Cruz County.
See the Santa Cruz home price changes year to year in the area you live in.
Search for Santa Cruz real estate active properties here.
Home Sales Recorded in April 2009
| TABLE OF SOLD PROPERTIES BY CITY IN SANTA CRUZ COUNTY | ||||
| County / City /Area | # Sold | April 2009 | April 2008 | % Change Yr.to Yr. |
| SANTA CRUZ COUNTY | 163 | $404,000 | $591,500 | -31.70% |
| APTOS | 19 | $650,000 | $684,750 | -5.07% |
| BEN LOMOND | 3 | $450,000 | $540,000 | -16.67% |
| CAPITOLA | 7 | $535,000 | $525,000 | 1.90% |
| FELTON | 7 | $301,000 | $485,250 | -37.97% |
| FREEDOM | 6 | $172,750 | $350,000 | -50.64% |
| SANTA CRUZ | 49 | $520,000 | $702,500 | -25.98% |
| SCOTTS VALLEY | 6 | $617,500 | $671,000 | -7.97% |
| SOQUEL | 7 | $645,000 | $750,000 | -14.00% |
| WATSONVILLE | 58 | $232,750 | $345,000 | -32.54% |
The Santa Cruz real estate market has been active of late with many of the well price homes below $700,000 getting multiple offers. The higher end home over 1 million dollars are starting to get traffic.
While the Watsonville real estate market has been the hot area to be the last 2 years, Santa Cruz homes are finally starting to get buyers interest and the sales figures suggest a closer parity. As the buyers awakened to the Santa Cruz housing market, they are finding they face multiple offers. The great deals have awakened all and now they are facing increased competition, and currently increased borrowing costs.
There are great opportunites for the qualified buyer with a good down payment. As the volume of Santa Cruz homes and condominiums start to increase the county median will start to increase. Many from out of the area have been misled that the Santa Cruz home prices had fallen off the cliff as mediam prices had plumged due to the high increase of sales of the low priced homes in the Watsonville real estate market..
In Santa Cruz County the median sales price for a single-family home rose to $420,000 in April from $399,000 from March. So while sales volume rose, the available Santa Cruz County homes to purchase inventory shrank,compared to a year ago. This will tend to increase prices, something many owners will appreciate if they are trying to refinance. A year ago the median was $661,000; the median is the midpoint of sales for the month, an average of all sales prices.Sales are starting to increase and inventory is shrinking, so act promptly to get the good values. Stop by PropertyinSantaCruz to see what is still available in the surrounding counties as well as Santa Cruz.
The Santa Cruz California Beaches are on of the things that attract people here. The area has a vibrant array of communities, 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 Santa Cruz Beach areas and other coastal beach towns like Rio Del Mar,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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