Santa Cruz County Home & Community Information

CAPITOLA CONDOS FOR SALE – Market Report 2011

Capitola is one of the most popular beach towns on the West Coast, sometimes with real estate prices to match.  Captiola condos for sale offer a great opportunity for those who want to live in Capitola at a lower price.  Capitola is a great vacation area as well, and a low maintenance condo in Capitola may be your perfect beach pad.

Let’s take a look at the Capitola Condo Sales Activity for 2011:

The average price of a Capitola Condo in 2011 was $340,000, this is down slightly from 2010 when the average Capitola condo sold for $357,000.

The number of Capitola condo sales are up in 2011, there were a total of 45 closed condos sales in Capitola.  In 2010 there were 35 Capitola condo sales.

Capitola condos for sale are going into escrow more quickly than last year.  The average days on market in 2011 was 85, compared to 96 days on market average in 2010.

Capitola condos for sale are selling more quickly, for a slightly lower price and more condos are selling in 2011.  I attribute this to the fantastic interest rates we have seen this year and the great bank owned and short sale deals that are coming on the market.  I have sold several foreclosure or bank owned condos this year.  The banks tend to price their condos aggressively and my clients have walked away with some great buys.

Contact me for more information about Capitola Condos for sale, the value of your Captiola condos and Capitola community information, I am happy to help!