Is Scotts Valley, 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, Scotts Valley has remained a Seller's Market.
Housing Prices in Scotts Valley, CA
How much do homes in Scotts Valley, CA cost?
Median Sold Price
$1,250,000
$645/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scotts Valley was $1,250,000 in April 2024, down 1.2% from last year, and the median price per square foot was $645.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $775K | $750K | -3.2% |
3 Bedrooms | $1.2M | $1.2M | -0.8% |
4 Bedrooms | $1.5M | $1.4M | -7.5% |
5+ Bedrooms | $1.7M | $1.9M | +8.6% |
Summary: Scotts Valley 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 decreased by 3.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in Scotts Valley, CA
How many homes are available in Scotts Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 34 | +41.7% |
Summary: The Scotts Valley real estate market had 34 homes for sale in April 2024, a 41.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Scotts Valley 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Scotts Valley in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Scotts Valley, CA
How long does it take to sell a home in Scotts Valley, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 38 Days | +186.8% |
Summary: Homes in Scotts Valley had an average of 38 days on market in Apr 2024, up by 186.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Scotts Valley; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.