February 2024 Report
Single Family Homes in Santa Cruz County, Aptos, All Neighborhoods Change >
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Average Price$1,554,380
+2.5%
Pending Properties12
+20.0%
Sale/List Price Ratio101.5%
+3.7%
Days of Inventory49
-47.7%
Trends at a Glance
Trends At a Glance |
Feb 2024 |
Previous Month |
Year-over-Year |
Median Price |
$1,442,500 (+6.9%) |
$1,349,000 |
$1,760,000 (-18.0%) |
Average Price |
$1,554,380 (+2.5%) |
$1,515,750 |
$1,826,210 (-14.9%) |
No. of Sales |
12 (+50.0%) |
8 |
9 (+33.3%) |
Pending |
12 (+20.0%) |
10 |
15 (-20.0%) |
Active |
21 (-16.0%) |
25 |
16 (+31.3%) |
Sale vs. List Price |
101.5% (+3.7%) |
97.9% |
99.4% (+2.2%) |
Days on Market |
55 (+4.4%) |
53 |
64 (-14.9%) |
Days of Inventory |
49 (-47.7%) |
94 |
48 (+2.1%) |
Market Commentary
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.