Real Estate Market Report for Santa Cruz 95066
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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