Is Santa Cruz, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Santa Cruz is a seller's market


Difference Since October 2021

Since last year, Santa Cruz has remained a Seller's Market.

Key Takeaway

Santa Cruz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Santa Cruz, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since October 2021


Key Takeaway

Homes in Santa Cruz have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $537.5K$757.5K
2 $922.5K$1.0M
3 $1.3M$1.4M
4 $1.6M$1.8M
5+ $1.9M$2.1M

Median Sold Price Compared To Nearby Cities

Santa Cruz
West Santa Cruz

How many homes are available in Santa Cruz, CA?

Number of Homes For Sale

Sep 2022Oct 2022%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 32
2 2516
3 3427
4 1620
5+ 57

Number of Homes Sold

Sep 2022Oct 2022%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Cruz, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
30 Days27 Days-8.9%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Cruz are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Santa Cruz, CA

Santa Cruz, CA has 72 homes on the market. Between September 2022 and October 2022, Santa Cruz, CA real estate market has seen decrease in the number of listings by 13.3%. The median list price of listings available in October 2022 was $1,380,000, while the average time on the real estate market was 27 days. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 40.9% more expensive, prices of 2 bedrooms properties increased by 11.7%, the cost of 3 bedrooms properties went up by 15%, the cost of 4 bedrooms properties went up by 11.9%, prices of 5 bedrooms properties went up by 8.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 33.3%, the quantity of 2 bedrooms homes went down by 36%, 3 bedrooms homes became 20.6% less available, the quantity of 4 bedrooms homes went up by 25%, volume of 5 bedrooms homes went up by 40%. Santa Cruz, CA housing market in October 2022 saw over 8 listings sold above listed price, more than 3 sold at listed price and over 17 sold below.

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