Housing Market

Zip Code Market Report - 93921 and 95066

Zip Code Market Report - 93921 and 95066

The current real estate market for the Carmel-by-the-Sea area and specifically ZIP Code 93921 shows a median sales price of $4.43 million with eight closed sales in the last month with an average of 16 days on the market. Sellers are receiving approximately 105% of asking price on average. The number of closed sales is up by three over last month and is about average from last year. However, the median sales price has taken quite a jump from 1.97 million in February to 4.43 million in March. This SKU is primarily due to larger properties and higher priced properties altering the trajectory.

Zip Code Market Report - 93921 and 95066

Only three new listings of hit the market in March where as there were eight last month and five a year ago. Last month the percentage of asking price to sold price was 103% and this month it's at 105%. The average price per square foot last month in February 2022 was $1494 and this month was $2158. However, just a year ago, it was right in between the two at $1688 per square foot.

Zip Code Market Report - 93921 and 95066

95062

In the Santa Cruz ZIP Code, there were 17 closed sales in March with a median sales price of $1.8 million. The median days on the market was just 9 with 107% list price received. This is up 55% from the month before where there were 11 sales and the median sales price shows an increase of...

93950 Zip Code Real Estate Market Report

93950 Real estate market report

The real estate market is booming in Pacific Grove California. There were 13 closed sales in November 2021 with a median sales price of $1.21 million. The median days on the market was just at 7 with a 101% over list price received. There were several changes from last month. 13 homes were sold in November which had not changed from October but the median sale price showed a decrease of 27%. In October the median sale price was $1.65 million and $1.21 million in November. The days on the market, however, dropped from 16 in October to 7 in November. On average, sellers in the 93950 received 101% of their asking price versus approximately 1% of their asking price in October.

Compared to a year ago, there were 21 closed sales in November with a median sales price of $1.05 million and 30 new listings versus this month which is 7. For more information on homes for sale in Pacific Grove California, browse all active listings below or contact my office at any time to schedule a showing.

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Market Update on 95010 November 2021

Market Update on 95010 November 2021

The Capitola real estate market close to Santa Cruz is booming with a median single-family home price of $1.75 million. But the real amazing figure is that homes are flying off the market in one day or within 24 hours and selling at 117% of the asking price. This is an enormous jump. However, there are very few properties for sale as well. One homes sold in November 2021 with seven new listings, all of which went under contract within 24 hours. This is an insane market to be involved in.

If you'd like more information on homes for sale in Capitola California, browse all active listings above or contact my office at any time to schedule a showing.

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Real Estate Market Report for Santa Cruz 95066

Santa Cruz real estate market

As of November 2021 in the Santa Cruz real estate market or ZIP Code 95066, the median sales price is currently at $1.63 million with 11 closed sales for the month of November. Average days of the market is just 10 with a percentage of list price received at 102%. This means on average most sellers received 102% over asking price for the sale of their home.

Compared to last month, there were 15 closed sales and a year ago were 20, so we are definitely seeing fewer homes on the market. This doesn't mean that fewer homes are selling because of the days of the market. A year ago it was 10, last month it was 14, and this month it is 10, meaning that there are just not that many homes for. 12 new listings were all that came on the market in November, eight last month and 15 a year ago. The percentage of list price received has remained at 102% over the last year. The average price per square foot, however, has gone up dramatically. One year ago was $584 and today it is $753.

For more information on homes for sale in Santa Cruz or real estate market stats and staying updated with the latest real estate news for our area, contact my office below or stay tuned to my blog.

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Pacific Grove Market Report October 2021

Pacific Grove Market Report October 2021

In the Pacific Grove real estate market there were 13 closed sales in October 2021. This is 24% down from 17 sales the month before. This is driven up the median sales price as well which was a 27% increase from $1.3 million in September to $1,650,000 in October. The days on the market rose to 16 from just 10 in September. On average, sellers in the Pacific Grove and the 93950 ZIP Code received 100% of their asking price in October compared 102% in September. A year ago, there were 23 closed sales with the median sales price of $1 million. There were 22 new listings and an average price per square foot at $907, which compares to this month or October which is $1115 per square foot.

It's important to navigate the current real estate market, which means paying attention to different statistics. As a Pacific Grove real estate expert, it is my duty and my job to pay attention to the slight inflections and changes to the real estate market. This helps us know when to buy, at what price to sell. It also helps to know when to sell and list the property. Selling different times of the day or the month can definitely affect prices and is important to find that sweet spot before listing or selling a property.

It's also important to find that sweet spot when buying. Homes are flying off the market and with an average days on the market of just 16, homes are selling rapidly, which means that buyers need to be preapproved and ready to go before listing. Sellers also should have a pre-inspection done, which ensures that buyers probably won't get their own home inspection speeding along the entire process.

For more information on ...

Zip Code Market Report for 95060 October 2021

Zip Code Market Report for 95060 October 2021

Here's what's happening in the Santa Cruz real estate market for ZIP Code 95060.

For Santa Cruz, there were 20 closed sales in October 2021. The median sales price was $1.55 million with an average days on the market of just 11. Santa Cruz is definitely the faster-selling community over neighboring Carmel which only had a percentage of list price received at 98% whereas Santa Cruz had a percentage of list price received 103%. Homes are still flying off the market in this community. The 20 homes that were sold in October is up 5% from the 19 sales the month before. Median sales price also showed a 19% increase from just 1.3 million in September to 1.55 million in October. The average days of the market dropped to 11 from 13 in September and the average seller received 103% of their asking price in October versus the month before.

It's important to successfully navigate the current market, which means paying attention to key market statistics. This report shows an up-to-date snapshot in order to set your expectations while also defining trends by a one-year craft so that you can make more informed decisions about your transaction.

If you're looking to buy or sell a home in the Santa Cruz real estate market, feel free to contact me below. As an avid and consistent full-time real estate professional in the Santa Cruz area, knowing the market is key to know when to sell, not to overpay for a home, and how to price accordingly.

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October 2021 Real Estate Market for 93921

Housing market october for 93921

Let's see what the market is done in Carmel California for the month of October 2021. The median sale price was $2,054,000 with four closed sales with an average of 23 days on the market. Homeowners received 98% of their list price received. Days in the market is up by three over September 2021 and a year ago, properties were selling at an average of just seven days. There've been five new listings where there were only two last month but 11 last year at this time.

One year ago, the average percentage of list price received was at 102% so we are seeing a slight drop in the list price received percentage. The average price per square foot is at 1957 which is definitely up from last month and last year. However, with just a couple of new listings and a few souls, this number is greatly skewed. However, we can compare this to last year at $1547 per square foot versus this year, which is definitely gone up.

If you're considering buying or selling in the Carmel California real estate market, these numbers can be helpful to know when the list of how to list, and what the trajectory is doing. For more specific numbers on what your Carmel home is worth, contact my office below.

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Current Homes for Sale
Santa Cruz County
City # Price Range
Aptos Homes 51 $350k - $3.0m
Capitola Homes 23 $215k - $6.3m
Rio Del Mar / Seascape Homes 26 $399k - $2.7m
Santa Cruz Events 131 $155k - $10.0m
Santa Cruz Homes 131 $155k - $10.0m
Santa Cruz Real Estate 131 $155k - $10.0m
Monterey County
City # Price Range
$0-$300000 170 $18k - $28.5m
Alta Mesa-Monterey 170 $18k - $28.5m
Big Sur Homes 4 $2.8m - $35.0m
Carmel Homes 113 $250k - $40.0m
Fishermans Flats 170 $18k - $28.5m
Glenwood Circle Monterey 170 $18k - $28.5m
Monterey Homes For Sale 170 $18k - $28.5m
Oak Grove Monterey 170 $18k - $28.5m
Old Town Monterey 170 $18k - $28.5m
Pebble Beach Homes 26 $1.0m - $33.5m
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