Real Estate Report presented by Mary Pope-Handy & Clair Handy

February 2024 Report

Single Family Homes in Santa Cruz County, Aptos, All Neighborhoods Change >


Median Price
$1,442,500
+6.9%
Average Price
$1,554,380
+2.5%
No. Sold
12
+50.0%
Pending Properties
12
+20.0%
Active
21
-16.0%
Sale/List Price Ratio
101.5%
+3.7%
Days on Market
55
+4.4%
Days of Inventory
49
-47.7%

Market Barometer

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Market Commentary

Home Prices Mixed, Sales Up in February

Sales of single-family, re-sale homes were up 9.1% compared to last February.   There were 60 homes sold in Santa Cruz County last month. The average since 2000 is 157.

The median sales price for single-family, re-sale homes was up 4.1% year-over-year last month.

The average sales price fell 4.9%, year-over-year.

Inventory was up 6.1% compared to last February.

As of March 5th, there were 139 homes for sale in Santa Cruz County. The average since January 2003 is 681.

The sales price to list price ratio rose from 99.3% to 100.1%.

Ninety-six homes went into escrow last month, a decline of 40.7% compared to last year.

Days of Inventory fell from 77 to 65. The average since 2003 is one hundred and thirty-nine.

Days on market rose from fifty-two to fifty-four. That is the time from when a home is listed to when it goes into contract.

The median sales price for condos was down 21.2% year-over-year. The average sales price fell 12.4%.

Condo sales were up 50% year-over-year. Twenty-one condos were sold last month.

Inventory was up 57.1%.

As of March 5th, there were forty-eight condos for sale in Santa Cruz County. The average since January 2003 is 141.

Days of inventory fell from seventy-three to sixty-four.

It took fifty-nine days, on average, to sell a condo last month.

If you are planning on selling your property, call me for a free comparative market analysis.

 

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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