Santa Cruz County Real Estate Market Update – August 2025
Latest insights into Santa Cruz County's real estate market and what they mean for you.
Median Sale Price: At $1,250,000, we've seen a slight YoY increase of 0.6%. This stability suggests a balanced market, offering a solid opportunity for sellers to capitalize on their investments while providing buyers a chance to secure properties at consistent values.
Median List Price: With a decrease to $1,207,500, down 4.7% YoY, sellers might need to adjust expectations, while buyers could find more negotiating power. This shift indicates a potential softening in the market, making it a strategic time for buyers to enter.
Price Per Square Foot: The median price per square foot is $719.42, reflecting a YoY decrease of 7.8%. This drop could be advantageous for buyers seeking more value for their money, while sellers should consider competitive pricing strategies.
Market Activity: Homes sold have decreased by 6.5% YoY to 159, with pending sales slightly up by 2.7% YoY. This mixed activity highlights a cautious yet active market, where both buyers and sellers need to be strategic and informed.
Inventory and Supply: With inventory at 475 and months of supply at 3, both showing a YoY decrease, the market remains competitive. Sellers can benefit from reduced competition, while buyers should be prepared to act quickly.
Whether you're buying or selling, understanding these trends can help you make informed decisions in Santa Cruz County's dynamic market. Seize the opportunity today!
[Data Source: Redfin]