January's numbers are in - let's take a deep dive into the state of the real estate market here in Santa Cruz County. There are so many factors influencing our market, so it is important to take a look at the full picture.
Here are some highlights:
➡️ Median Sale price is down since 2022, but overall the trajectory is up.
➡️ Inventory is ticking up, but still low relatively speaking
➡️ Days on market is up from the last 2 years
➡️ Sale price to list price ratio is DOWN
➡️ Transactions fallen through is DOWN
➡️ New listings are down
➡️ Expireds/Canceled/Withdrawn listings, are up
2023 is starting off with a bang, let’s see what this month brings! Follow for more Santa Cruz County Real Estate tips.
KAELIN WAGNERMARSH
Realtor® DRE #01945819
kaelin@kaelinrealestate.com
(831) 419-6538
www.kaelinrealestate.com
ROOM Real Estate
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