Last month’s numbers are in and the median home sale price (single family residential detached) for all of Santa Cruz County per the MLS (multiple listing service) for February was $1,275,000, a slight increase from the previous month. The Condo/Townhome median sale price was $839,750, lower compared to January. Homes on average were selling 106.5% of the listed price (compared to 105.9% of the “original listed price”) and the median days to receive an accepted offer for the county was 9 days. The real estate inventory was 1.5 months for the county.
FEBRUARY STATS SANTA CRUZ COUNTY BREAKDOWN
CURRENT INTEREST RATES AS OF MARCH 8, 2022
I've put together some graphics to illustrate comparisons. I've broken down the last 4 weeks, and then highlighted the last week. So, let's compare what's been going on in real estate over the past several weeks. Have there been changes since the COVID-19 outbreak? If so, what does that look like? The things to look out for would be drastic changes in price reductions, transactions falling through, and removed listings. What do you notice?
For reference: "TFT" means "transaction fallen through" or canceled escrow. "C/W/E" translates to Canceled, Withdrawn or Expired listings, meaning removed from the market.
Kaelin Real Estate Team
Kaelin Wagnermarsh
(831) 419-6538
Realtor DRE 01945819
eXp Realty of CA
OPEN HOUSE — 933 WINDHAM ST
