Real Estate Reports by Amber Grewer

February 2021 Report

Single Family Homes in Santa Cruz County, All Cities, All Neighborhoods Change >

Median Price

$1,061,000

-4.4%

Average Price

$1,160,720

-6.0%

No. Sold

113

-7.4%

Pending Properties

173

+13.8%

Active

111

+4.7%

Sale/List Price Ratio

102.0%

+0.2%

Days on Market

+15.1%

Days of Inventory

+1.8%

Trends At a Glance	Feb 2021	Previous Month	Year-over-Year
Median Price	$1,061,000 (-4.4%)	$1,110,000	$897,500 (+18.2%)
Average Price	$1,160,720 (-6.0%)	$1,234,750	$953,564 (+21.7%)
No. of Sales	113 (-7.4%)	122	90 (+25.6%)
Pending	173 (+13.8%)	152	122 (+41.8%)
Active	111 (+4.7%)	106	219 (-49.3%)
Sale vs. List Price	102.0% (+0.2%)	101.9%	98.6% (+3.5%)
Days on Market	45 (+15.1%)	39	67 (-33.0%)
Days of Inventory	27 (+1.8%)	26	68 (-61.1%)

County

City

Neighborhood

Property Types

Date

Market Barometer

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Market Commentary

Home Sales Down in Feb 2021

Sales fell 7.4% from the month before, and were up 25.6% year-over-year.

Prices slipped in Feb 2021 with the median price dipping 4.4% from the previous month, up 18.2% compared to last year. The average price fell 6%, a yearly gain of 21.7%.

Inventory rose 10.1% from last month, and was down 16.7% year-over-year.