Santa Cruz - CA housing market
The Santa Cruz metro has a typical home value of $1,157,157, up 2.9% from a year ago. Homes are moving fast at 17 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($1,157,157) is the Zillow Home Value Index for the Santa Cruz - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 2.9% over the past year. In Santa Cruz - CA, that means a home worth $1,124,545 last year is now worth roughly $1,157,157.
The median sale price , what homes actually close for , is $1,172,309. Homes are selling at 100.2% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Santa Cruz - CA sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 227 new listings hit the market each month in Santa Cruz - CA. There are currently 581 homes for sale, down 12.9% from a year ago.
The typical monthly rent in Santa Cruz - CA is $3,599, up 2.7% year over year. For investors, the price-to-rent ratio here is roughly 27x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,608 | +0.3% | 19.0d |
| San Francisco - CA | $1,149,215 | -0.8% | 14.0d |
| Riverside - CA | $585,378 | -0.8% | 25.0d |
| San Diego - CA | $946,365 | -1.1% | 16.0d |
| Sacramento - CA | $582,707 | -1.6% | 12.0d |
| San Jose - CA | $1,610,466 | -1.4% | 13.0d |