Santa Cruz County Home & Community Information

head_left_image

Westside Santa Cruz Homes for Sale - Market Update 3-13

WESTSIDE SANTA CRUZ HOMES FOR SALE - MARKET UPDATE 3-13

Anyone who has been trying to buy a home on the Westside of Santa Cruz this year knows that the name of the game is:  Low inventory and multiple offers.  Oftentimes homes for sale of the Westside of Santa Cruz are selling for over list price so far in 2013.  This has been frustrating to many buyers, especially first time buyers and very encouraging time for Santa Cruz home sellers.

 

santa cruz boardwalk

 

This month of March 2013 we have had a slight increase in inventory of Westside Santa Cruz homes for sale - we have about 56 active/pending homes for sale on the Westside of Santa Cruz, up from just 20 in January. 

The median list price of a home for sale on the Westside of Santa Cruz in February 2013 was right around $650,000 while the median sale price was about $700,000.

About 11% of the homes for sale on the Westside of Santa Cruz are distressed sales, either foreclosures or short sales. 

As we head into spring, I expect to see more homes for sale on the Westside of Santa Cruz coming on the market but with the high buyer demand there will likely still be a shortage and multiple offers common.  Due to these factors, I would say home prices are likely to continue to rise on the Santa Cruz Westside.

If you have been thinking of selling your home, market conditions in Santa Cruz have not been better for sellers in many years.  Contact me at 831.419.9345 for more information or visit here for a FREE, ONLINE SANTA CRUZ HOME VALUATION

Looking to buy a home on the Westside?  Visit here for a current list of homes for sale on the Westside of Santa Cruz and contact me for a list of off-market properties.

 

 

 

Google

Authored by Jessica Wallace, Santa Cruz Realtor

 
Search Santa Cruz Homes For Sale
 
What is your home worth?
Search All Homes For Sale
See Recently Sold Santa Cruz Homes
 
 
MY REVIEWS
 
 
 
Jessica Wallace
Realtor
Coldwell Banker
831 419 9345
Licensed In: Ca
License #: 01455690
Contact Me

You Can Also Visit Us At:      
 

Comment balloon 4 commentsJessica Wallace • March 05 2013 10:34AM

Comments

Thanks for the market report Jessica. Now seems to be the best time to list a Westside Santa Cruz home while inventory is low. Wishing you all the best, keep it up!

Posted by Erika Rogers, St George Utah Real Estate & local info. (Red Rock Real Estate) about 5 years ago

Great market report Jessica. I'd have to agree that once we hit spring, more homes will be hitting the market. Stay the best Santa Cruz Short Sale Agent!

Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) about 5 years ago

Impressive work as always Jessica. This is very informative and easy to understand. You really are the finest Santa Cruz Realtor. Stay the best!

Posted by Melissa Muse Wiggans, CRS, GRI, ABR - Real Estate Muses (Real Estate Muses) about 5 years ago

Thank you for your comments.  The market is certainly taking off on the Westside of Santa Cruz!

Posted by Jessica Wallace, Santa Cruz Realtor (831) 419-9345 (Coldwell Banker - Santa Cruz) about 5 years ago

This blog does not allow anonymous comments