Is West Santa Cruz, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Santa Cruz has remained a Seller's Market.
Key Takeaway
West Santa Cruz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Santa Cruz, CA
How much do homes in West Santa Cruz, CA cost?
Median Sold Price
$1,165,000
$533/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Santa Cruz have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in West Santa Cruz was $1,165,000 in April 2024, up 12.7% from last year, and the median price per square foot was $533.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $820K | $952.5K | +16.2% |
| 3 Bedrooms | $1.0M | $1.2M | +25.9% |
| 4 Bedrooms | $1.0M | $1.1M | +8.6% |
| 5+ Bedrooms | $1.7M | - | N/A |
Summary: West Santa Cruz housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Santa Cruz | $1.0M | $1.1M | +12.7% |
| Ben Lomond | $933.5K | $915K | -2.0% |
| San Lorenzo Valley | $875K | $835K | -4.6% |
| Felton | $842.5K | $789K | -6.4% |
Housing Supply in West Santa Cruz, CA
How many homes are available in West Santa Cruz, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The West Santa Cruz real estate market had 9 homes for sale in April 2024, a 80.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Santa Cruz housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Santa Cruz, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Santa Cruz in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for West Santa Cruz, CA
How long does it take to sell a home in West Santa Cruz, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 123 Days | +653.1% |
Summary: Homes in West Santa Cruz had an average of 123 days on market in Apr 2024, up by 653.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Santa Cruz has remained consistent over time.
Summary: During April 2024, 2 homes were sold in West Santa Cruz; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.