Market Update June 2020 – Santa Cruz
In Santa Cruz County, the median Single Family home cost $905,000 and sold in 19 days for 99% of the list price based on 187 sales in June 2020.
-Inventory was down -7% from May, and down -24% from June 2019 with 419 homes available, compared to 554 homes last year.
-Average days on market (DOM) moved up 4 days from 34 to 38 or 12%; median DOM remained the same as the month before.
-The number of new listings for the month of June decreased -8% over May and decreased -8% from June of last year.
-Closed sales increased 103% from May from 92 to 187 homes sold. This was up 16% from June 2019.
This is your June 2020 Santa Cruz County market update presented by your coastal REALTOR Julie Hansmann.