Kaelin Wagnermarsh

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Market Update! 📢

Kaelin Wagnermarsh ,May 17, 2022

Market Update! 📢

This Week’s Numbers are in! (05/10-05/17)

Here is this week’s Santa Cruz County and Santa Clara County’s real estate update.

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 “C/W/E” translates to Canceled, Withdrawn or Expired listings, meaning removed from the market.