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SANTA CRUZ COUNTY
MARKET SUMMARY
August 2017 | All Property Types (SFH & Condos/Townhomes)
Market
Summary
Month to Date
Year to Date
August 2017
August 2016
Year-To-Date 2017
Year-To-Date 2016
New Listings
304
280
8.57%
2050
2128
-3.67%
Sold Listings
239
245
-2.45%
1460
1483
-1.55%
Median Listing Price
$729,000
$769,000
-5.2%
$750,000
$719,900
4.18%
Median Selling Price
$710,000
$761,250
-6.73%
$760,000
$720,000
5.56%
Median Days on Market
Percent Change
Percent Change
19
22
-13.64%
16
17
-5.88%
99.4%
99.9%
-0.49%
99.7%
99.9%
-0.2%
Average Listing Price
$852,481
$880,205
-3.15%
$863,050
$833,323
3.57%
Average Selling Price
$843,583
$874,637
-3.55%
$855,333
$823,670
3.84%
39
41
-4.88%
40
40
0%
List/Sell Price Ratio
Average Days on Market
SOLD AND NEW PROPERTIES (UNITS)
August 2017 | All Property Types (SFH & Condos/Townhomes)
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.
SANTA CRUZ COUNTY
MEDIAN SALES PRICE AND NUMBER OF SALES
August 2017 | All Property Types (SFH & Condos/Townhomes)
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
August 2017 | All Property Types (SFH & Condos/Townhomes)
Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
SANTA CRUZ COUNTY
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
August 2017 | All Property Types (SFH & Condos/Townhomes)
AVERAGE SALES PRICE AND NUMBER OR PROPERTIES FOR SALE
August 2017 | All Property Types (SFH & Condos/Townhomes)
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.
SANTA CRUZ COUNTY
PROPERTIES FOR SALE AND SOLD PROPERTIES
August 2017 | All Property Types (SFH & Condos/Townhomes)
AVERAGE ASKING/SOLD/UNSOLD PRICE
August 2017 | All Property Types (SFH & Condos/Townhomes)
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price
SANTA CRUZ COUNTY
ABSORPTION RATE
August 2017 | All Property Types (SFH & Condos/Townhomes)
MONTHS SUPPLY OF INVENTORY
August 2017 | All Property Types (SFH & Condos/Townhomes)
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the
rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.
August 2017.pdf (PDF, 276.35 KB)
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