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Market Snapshot – January 2022 vs. January 2021

March 4, 2022

According to the MLS*, In Santa Cruz County, the median Single Family home cost $1,250,000 and sold in 14 days for 104% of the list price based on 86 sales in January 2022.

Inventory was up 30% from December, but down -43% from January 2021 with 125 homes available, compared to 219 homes last year.
Average days on market (DOM) was unchanged from December at 31 days; median DOM increased 2 days from the month before.
Number of new listings for the month of January increased 100% over December, and is down -10% from January of last year.
Closed sales decreased -35% from December from 133 to 86 homes sold. This is down -32% from January 2021.