Market Data Condo, Townhomes May 2020 vs April 2020
In Santa Cruz County, the median Residential Common Interest home cost $616,500 and sold in 19 days for 98% of the list price based on 26 sales in May 2020.
• Inventory was up 14% from April and up 20% from May 2019 with 130 homes available, compared to 108 homes last year.
• Average days on market (DOM) increased by 22 days from 26 to 48 days or 85%; median DOM went up by 8 days from the month before.
• Number of new listings for the month of May increased 61% over April and is up by 8% from May of last year.
• Closed sales increased 8% from April from 24 to 26, but was down -35% from May 2019.
In Monterey County, the median Residential Common Interest home cost $476,000 and sold in 37 days for 98% of the list price based on 12 sales in May 2020. Read More
More Market Data Analysis Reports
May 2020 vs May 2019 Real Estate Market Data for Single Family Homes
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