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        <title>Santa Cruz Real Estate News &amp; Information</title>
        <link>https://www.mysantacruzrealestate.com/blog/market-trend-report/</link>
        <description>Lifestyle, community, day trips, restaurants, real estate, home improvements, and more. Discover what makes Santa Cruz County such a great place to live. Presented by My Santa Cruz Real Estate.</description>
<item>
    <guid>https://www.mysantacruzrealestate.com/blog/2026-santa-cruz-county-market-predictions.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/2026-santa-cruz-county-market-predictions.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Santa Cruz Real Estate Predictions 2026: Prices, Trends &amp; Outlook</title>
    <description> <![CDATA[ 



 


The real estate market in Santa Cruz is made up of a diverse range of properties, in terms of architectural style, category, and construction date. This, along with its incredible location and amenities, make it a sought-after place to settle down. That being said, being a competitive market and rising property prices have often made the homebuying process in Santa Cruz County more difficult, especially over the past few years



So what is in store for 2026 for buyers and sellers? While it is impossible to predict (with 100 accuracy) what the real estate market will look like in the near future, predictions can be made based on trends and the data available. Santa Cruz—and Santa Cruz County—is a market that's not easily definable, and it sees small ebbs and flows on a monthly basis. These metrics are in regards to available inventory, sale price, and days on the market.



But to answer this question simply: the year 2026 will (likely) see home prices continue to rise as Santa Cruz County remains a desirable area for many.


The Real Estate Market In Santa Cruz


Santa Cruz comprises single-family homes and multi-family properties, with a high rate of homeownership. Additionally, because of the university campus, the city has a significant student population. 



The average sale price of a single-family home in Santa Cruz has risen from around $1,276,000 in 2020 to around $1,701,000 in 2024. Inventory and number of sold properties have also decreased. In October 2025, the average sales price was around $1,494,000.


The Real Estate Market In Santa Cruz Aptos


Aptos is a gorgeous community in Santa Cruz County, east of Santa Cruz. Made up of a number of villages, the Aptos real estate market showcases both oceanfront properties and semi-rural hillside properties.



The average sale price of a single-family home in Aptos has risen from around $1,388,000 in 2020 to around $1,800,000 in 2024. Just like Santa Cruz, inventory and number of sold properties have decreased over time. In October 2025, the average sales price was around $1,695,000.


The Real Estate Market In Capitola


One of the most recognizable communities in the area, Capitola is known for its colorful beachfront real estate and its outdoor recreation. It sees a significant tourist population annually from those also visiting Santa Cruz. 



The average sale price of a single-family home in Capitola has risen from around $1,239,000 in 2020 to around $2,127,000 in 2024. Inventory, however, is low in this area by design and these metrics may now be entirely accurate due to this. In October 2025, the average sales price was around $1,504,000.


The Real Estate Market In Santa Cruz Watsonville/Corralitos


Considered to be a laid-back and more rural alternative to Santa Cruz, Watsonville and nearby Corralitos appeal to a wide demographic, from families to seniors. Watsonville is typically considered to be a more affordable option, though both communities have seen less significant increases in home price than the areas closer to Santa Cruz.



The average sale price of a single-family home in Watsonville has risen from around $783,000 in 2020 to $1,010,000 in 2024. Similarly, the average sale price of a single-family home in Corralitos has risen from around $1,588,000 in 2020 to $1,814,000 in 2024. In October 2025, the average sales price was $1,027,000 and $1,270,000 for Watsonville and Capitola, respecitvely. 


Santa Cruz: What’s Next?


As single-family home prices (as well as other property prices) continue to rise—which will likely continue into the year 2026—some prospective homebuyers are choosing other, surrounding communities when searching for their next home. Or, choosing instead to downsize.



While this is an option, the city of Santa Cruz itself (as well as Santa Cruz County) is also overseeing some new developments, particularly focused on low-rise, multi-family homes. These include, but are not limited to, the following:




Park Haven Plaza (2838 Park Avenue, Soquel). Currently under construction, however the project has been delayed. The building will consist of 36 rental units.


RiverRow Apartments (414 Front Street). Currently under construction. This building is mixed use, and is planned to have 175 rental units, with 20 of these designated as affordable housing.


41st and Soquel (2755 41st Avenue, Soquel). Currently in development, this complex is designed for 256 rental units.


530 Front Street. Currently in development. Another apartment complex, it is planned to be made up of 276 rental units with designated units for low-income residents.




 


All data has been taken from MLSListings, Inc. and from the Santa Cruz County Association of REALTORS®.


 


Explore the Santa Cruz County real estate market with an expert. Contact Lauren Spencer to start your home search.

 ]]> </description>
    <pubDate>Fri, 14 Nov 2025 12:00:00 -0800</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/santa-cruz-housing-prices-by-neighborhood.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/santa-cruz-housing-prices-by-neighborhood.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Santa Cruz Housing Prices By Neighborhood</title>
    <description> <![CDATA[ 



 


The city of Santa Cruz is made up of a number of neighborhoods—from Seabright down by the waterfront to Westlake up in the hills, by the university campus—and each have their own unique characteristics.



Santa Cruz’s real estate market has seen a general increase in property value from last year, continuing in an upward trajectory. Both 2023 and 2024 saw an average sale price (for a single-family home) of roughly $1,700,000, though with a slight drop in 2024. Comparatively, the average sale price across Santa Cruz County as a whole increased from $1,303,533 to $1,359,649 (2023 to 2024, respectively).



In May 2025, the average sale price for a detached home in Santa Cruz proper was $1,784,986, a number which fluctuates slightly based on neighborhood. Below is a rough guide to home prices in some of the city’s most well-known areas.



Westlake


One of the most desirable neighborhoods in Santa Cruz, Westlake homes are positioned in the Upper West Side of the city, within winding streets on the hillside. Attractive particularly to growing families because of its close proximity to schools and the neighborhood’s central park, Westlake has a lot of curb appeal, with properties that overlook the city and the bay below. 



Of course, these amenities and these views come at a higher price point. Properties in Westlake, which is made up of single-family homes, start at higher than average for the city.


Stats as of June 2025


Highest listed price: $4.1M


Lowest listed price: $1.4M


Westcliff


Another neighborhood in Santa Cruz, Westcliff is centered on West Cliff Drive, south of Bay Street and Delaware Avenue—and between Natural Bridges State Beach and Cowell Beach. These homes, particularly those in the west end of the neighborhood, are sought after for their ocean view location, with a number of properties having unobstructed views of the water.



Homes in this neighborhood are a mixture of older properties and new construction projects, which makes this one of the more diverse areas in terms of architectural style. Westcliff, which is on the coast, also has a sister neighborhood in Pleasure Point, along East Cliff Drive, with similar home features and amenities. 


Stats as of June 2025


Highest listed price: $5.7M


Lowest listed price: $1.7M


The Circles


A small neighborhood just north of Westcliff, The Circles is recognizable on maps for its circular streets which used to curve around the Garfield Park Christian Church. The Circles is an established, residential neighborhood, and single-family homes in this area are typically priced a little bit lower than other areas of Santa Cruz—though properties (many of them older bungalows) are also smaller in square footage.



One of the biggest benefits for living in the circles, other than its family-friendly atmosphere, is its location. It’s just minutes away from the beach, the downtown, schools, and city parks.


Stats as of June 2025


Highest listed price: $1.4M


Lowest listed price: $975K


Downtown


The downtown area of Santa Cruz is vibrant, consisting of historic homes and new construction properties—which include detached houses and condos/townhomes. Incredibly walkable, the downtown is the city’s hub for shopping and dining, with an emphasis on local shops and businesses. The main stretch of Downtown Santa Cruz is centered on Pacific Avenue.



Properties, particularly single-family homes, are sought-after, mostly because of their historic charms and quirks. However, while many homes have been well-maintained over the years, houses for sale in the downtown might require some updates or upgrades.


Stats as of June 2025


Highest listed price: $2.9M


Lowest listed price: $1.4M


Beach Flats


Tucked away by the Santa Cruz Beach Boardwalk is the neighborhood of Beach Flats. Aptly named, this neighborhood is just a short walk away from the Wharf, Cowell Beach, and even the downtown—though a car is recommended. Comprising both multi-family homes and single-family homes, Beach Flats is considered one of the more affordable areas to live in Santa Cruz.



Beach Flats properties are usually smaller in size, with many properties that have been rebuilt or converted to multi-family homes. Additionally, there are not usually a lot of active listings in the neighborhood. 


Stats as of June 2025


Highest listed price: $1.5M


Lowest listed price: $1.4M



All statistics have been retrieved from the Santa Cruz MLS [MLSListings, Inc.] and from the Santa Cruz County Association of REALTORS®.



Searching for a home in Santa Cruz or Santa Cruz County? Connect with Lauren Spencer of MySantaCruzRealEstate to refine your search. 

 ]]> </description>
    <pubDate>Tue, 15 Jul 2025 12:00:00 -0700</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/santa-cruz-2025-real-estate-market-predictions.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/santa-cruz-2025-real-estate-market-predictions.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Santa Cruz 2025 Real Estate Market Predictions</title>
    <description> <![CDATA[ 



 


Will housing prices fall or will housing prices rise? These are thoughts that both potential buyers and sellers are asking—though perhaps for different reasons Regardless, Santa Cruz and Santa Cruz County are perhaps most well-known for their ample things to do (indoors and outdoors) and their gorgeous properties .As such, this has become one of the most expensive areas to live in the state.



For anyone considering buying or selling—from those trying to buy their first property, all the way to those who have sold their home before and are looking to sell again—this is what we think the Santa Cruz area real estate market might look like in 2025.


The Santa Cruz Real Estate Market: An Overview


Last year was a year of great highs and lows state-wide, with storms and fires impacting several communities. Santa Cruz’s real estate market has seen a steady incline in average sales price (of all property types) over the past decade, though inventory has fluctuated a little bit.



In 2024, the National Low Income Housing Coalition reported that the Santa Cruz-Watsonville area is the most expensive in the state of California when it comes to rentals—surpassing both the San Francisco and San Jose-Sunnyvale-Santa Clara areas. The market shows a similar increase when it comes to property ownership. All of the following statistics and data were taken from the Santa Cruz County Association of Realtors (SCCAR).


In 2023, the average sale price of a single-family home in Santa Cruz (city only) was $1,742,280, while the average across Santa Cruz County was $1,303,533. In comparison, in 2024, the average sale price of a single-family home in Santa Cruz was $1,700,902, with the average across the county being $1,359,649.



Sales inventory also increased from year to year.






Number of single-family homes sold in Santa Cruz in 2023: 326






Number of single-family homes sold in Santa Cruz in 2024: 378 (+15.9)






Number of single-family homes sold in Santa Cruz County in 2023: 1191






Number of single-family homes sold in Santa Cruz County in 2024: 1257 (+5.5)







When comparing January 2023 to January 2024, there was a 3 increase in median sales price, a 52 increase in new listings, and a 19 increase in the number of single-family homes sold in Santa Cruz County.


The Real Estate Market in 2025: What’s To Come For Homeowners &amp; Homebuyers?


Based on sales data, time on the market, and other factors, the Santa Cruz (and Santa Cruz County) real estate market appears to be on an upward trend—with no sign of slowing down in 2025.



Homebuyers looking to break into the market for the first time might find it increasingly difficult to do so, while homeowners might find that insurance rates are increasing, as well. For sellers, this might be the perfect time to find an agent.



Areas such as Felton, Boulder Creek, and Mount Hermon continue to be most affordable communities for single-family homes in Santa Cruz County, while La Selva Beach, Capitola, Aptos, and Santa Cruz proper are the highest priced.


Our Featured Listings





 


Thinking of making the move to Santa Cruz County with your family? Get in touch with an agent at My Santa Cruz Real Estate. Connect with us today and find your dream home. 

 ]]> </description>
    <pubDate>Fri, 14 Feb 2025 12:00:00 -0800</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/mid-year-santa-cruz-real-estate-market-update.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/mid-year-santa-cruz-real-estate-market-update.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Mid-Year Santa Cruz Real Estate Market Update</title>
    <description> <![CDATA[ 



 


All of a sudden, it seems as though the first half of 2024 has passed us by. During this time, many buyers have purchased property in and around the city, and have been enjoying the summer fun and sunny skies. However, for those considering buying or selling a home in Santa Cruz, CA, you may want to know how the real estate market is faring this year.



When is the best time to buy? When is the best time to sell? What will the market look like in the future? These are questions that many people are asking. While there is some level of speculation based off of current market statistics (and getting in touch with an expert Santa Cruz area realtor can help provide interested buyers/sellers with a more accurate analysis), this summary might help you make an informed decision.


What’s The Real Estate Market in Santa Cruz, CA Like?


As a general overview, the real estate market in Santa Cruz, CA is considered to be competitive—with homes in high-demand and properties listed for higher prices than most cities (almost all) across the state. This is, of course, largely because of the area’s wide appeal, with a vibrant downtown, a beautiful beach, and ample opportunities for outdoor recreation—not limited to surfing, hiking, and beach volleyball. As a result, Santa Cruz (and Santa Cruz County) attracts a diverse selection of prospective buyers. 



With data sourced from the Santa Cruz County Association of Realtors, the following real estate statistics have been reported (all of Santa Cruz County) for June 2024:






The average price of a single-family home is currently $1,584,224






The average price of a multi-family home (condo or townhouse) is currently $851,651






170 single-family homes were listed in the month of June. This is in comparison to 93 in January and 216 in May of this year







According to data collected by Redfin, the following Santa Cruz (city only) statistics are also of interest, true of June 2024:






The median sale price of a property sits at around $1,300,000 






The median time a property spends on the market is 24 days






Single-family homes spend a median of 38 days on the market







To further compare, the median sale price of a property in San Francisco is $1.43M, while Monterey is $1.09M. Both of these sale prices have increased since last year. A property in San Francisco also spends a median of 22 days on the market, 30 for Monterey.


Santa Cruz Real Estate: This Time Last Year


In order to gain better insight into market performance, it is important to look at the data collected from previous years. As an overview, when comparing the market from the same time last year, a few conclusions can be made:






The number of total single-family home sales has decreased






The average time a property spends on the market has risen






The average sales price has risen, though single-family homes tend to be purchased closer to the listing price than last year







Once again, according to the Santa Cruz County Association of Realtors, the number of sold single-family homes has dropped 26, while the average day a single-family home spends on the market has gone up 16. These figures are in comparison to the statistics collected from June 2023.



In contrast, condos and townhouses in the area have seen an increase in listings, with June 2024 having the highest amount of inventory and new listings of any month this year—the latter showing an increase of 63 from last year.


Future Predictions: What Does This Mean For Buyers &amp; Sellers?


While single-family detached homes do make up a significant portion of the real estate market (the majority, actually), condos and townhouses seem to be rising in popularity, especially with a number of new and proposed developments popping up around the city. Those searching for either of these property types might find that now is the time to buy—or at least this is the time to keep an eye out for new listings.


 


Sellers concerned about time on the market or lowering average sale prices likely do not have to worry, as Santa Cruz real estate continues to hold its value. Additionally, buyers hoping for significant price decreases might not see these any time soon—so this season might be the best time to put in an offer on a single-family home


 




 ]]> </description>
    <pubDate>Fri, 26 Jul 2024 12:00:00 -0700</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/april-events-in-santa-cruz-2024.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/april-events-in-santa-cruz-2024.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>April Events in Santa Cruz: 2024</title>
    <description> <![CDATA[ 



You’ve heard the saying, “April showers bring May flowers.” For Santa Cruz residents, however, the rain might just be getting to be a bit too much. Despite the weather recently, it’s always a great idea to get out and explore what the city has to offer.



This month, there are a multitude of outdoor—and indoor, for those really rainy days—events being hosted in the downtown area, for a range of different interests. From cycling through the city to story time for kids, there’s so much happening this April in Santa Cruz.


Santa Cruz Earth Day


April 22nd is officially Earth Day, an event that seeks to generate awareness regarding climate change, sustainability, energy, and more, usually culminating in an hour-long blackout. As this falls on a Monday this year, Santa Cruz is celebrating Earth Day the entire weekend, with a number of fun, family-friendly activities in the downtown area.



This year, this event is being held in Abbott Square, at the intersection of Cooper Street and Front Street, and is absolutely free, with no tickets required. Stop by between 11:30 AM and 4:00 PM for live music, a photobooth, local vendors, face painting, and even a kids fashion show. Kids who are participating in the Passport Program can also earn a small prize. More information about this event can be found here.


Independent Bookstore Day


Celebrated across the United States, Independent Bookstore Day is happening on April 27th at Bookshop Santa Cruz, one of the city’s most beloved landmark stores. 



Independent Bookstore Day is a free family-friendly event, starting at 9:00 AM and running all day long. Complementary coffee is available on a first-come, first-serve basis with limited quantities, which might just be the pick-me-up you need before starting your workday. Bookshop Santa Cruz is also having a book sale, with certain perks for Readers’ Club members—including the chance to spin their prize wheel when making a purchase of $25 or more (or a specially-marked item). 



Additionally, there is a scavenger hunt happening all day (one for adults, one for kids) and a story time at 11:00 AM. More information about this event can be found here.


Santa Cruz Dance Week


The week of April 18th (on until April 25th) is Santa Cruz Dance Week. This free event takes place downtown each evening, starting at 5:15 PM, and features a range of dancers from crews, studios, and academies in a wide variety of dance styles. Some of the highlights include showcases of cultural dances from around the world, theater performances, and even acrobatics.



This is Santa Cruz Dance Week’s 15th anniversary. They also offer paid classes for interested dancers during the week of the event. More information about this event can be found here.


Upcoming Events For May


In addition to April events in Santa Cruz, there are also some cool things happening in the city at the beginning of May. 


Race Through Time


An eccentric cycling or walking scavenger hunt, Race Through Time is happening May 4th across the Santa Cruz downtown. A team activity, participants are tasked with finding clues surrounding cultural and historic places in the city, hosted by the Santa Cruz Museum of Art &amp; History. Teams are encouraged to dress up in fun outfits, and there are prizes for the winners along with the best-dressed team. More information about this event can be found here.


Kids Day Festival


Also on May 4th is the Santa Cruz Kids Day Festival. This free, downtown event features live music, vendors, performances and activities, and discounts for kids in local shops. More information about this event can be found here.



To start looking for your perfect Santa Cruz home, connect with Lauren Spencer today and discover all the latest listings.

 ]]> </description>
    <pubDate>Fri, 05 Apr 2024 12:00:00 -0700</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/santa-cruz-real-estate-market-update-february-2023.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/santa-cruz-real-estate-market-update-february-2023.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Santa Cruz Real Estate Market Update - February 2023</title>
    <description> <![CDATA[ 



For the past few years, the real estate market in the Santa Cruz metro area has seen some changes—most significantly that housing prices continue to rise, despite a number of external factors (i.e. a pandemic, a rising cost of living) that would typically cause average prices to stagnate or even fall. Of course, this is true of most areas across the state, but it can be a bit disheartening, particularly for first-time homebuyers.


 


If you’re considering buying or selling a home in and around Santa Cruz, the following information may help you better understand the market before you make your decision.


What’s The Santa Cruz Real Estate Market Like?


Comparing data from both the state of California and the metro area of Santa Cruz, there are a few statistics of note. According to active realtors, the number of sales closed fell almost 9 from January, with the number of listings dropping slightly (though much less, at about 1). 



However, as we move into the spring season (generally considered the best time to buy or sell a home), many are optimistic that these numbers will rise exponentially in the coming months. March to May is generally the busiest time to buy/sell a property.


Current Housing Prices In Santa Cruz


According to the Santa Cruz Association of Realtors, the median price for a single-family home in January 2024 was $1,160,000. Taking into account market trends, home prices in February tend to rise slightly, and this month seems to be following in the footsteps of other years.


 


In the second week of February 2024, Redfin reported an average sale price of $1,032,708, though it is important to note that this includes not only single-family homes, but condos and townhomes in the Santa Cruz metro area, as well. We can also compare the monthly sale data (average sale price) of single-family homes in the city of Santa Cruz from previous years, as collected by the Santa Cruz Association of Realtors:




February 2023: $1,597,322


February 2022: $1,989,629


February 2021: $1,296,120


February 2020: $1,144,246




 


As a whole, housing prices seem to closely reflect the trends of the previous year. Comparing the average sale prices from 2023, January saw a 0.6 increase from this time last year. 


 



On the other hand, the average listing price is not the same as the actual selling price. In some locations, these figures can vary quite a bit, illustrating a gap between what sellers think the property is worth and what homebuyers are willing to pay.



According to Redfin, the average selling price of a property in the Santa Cruz metro area at this point in time is $1,020,000. In comparison, 2022 and 2023 had differing numbers: $1,109,000 and $1,067,000, respectively.



While this may not be a considerable difference, it’s interesting to note that properties sell, on average, at their listed price or a little bit less—and this goes back to supply and demand of homes on the Santa Cruz real estate market.


A Buyer’s or Seller’s Market?


It is currently a seller's market, as is true of almost every single region in the state of California. All this means is that buyers are usually competing with each other to purchase a home, and that there is low inventory and high demand. This directly reflects the figures above, particularly the number of sales closed and the number of listings dropping. However, this could even out in the future.


Santa Cruz Real Estate Market: The Future


According to collected data, the number of homes sold around this time of the year is significantly less than the years 2020 and 2021. 



What does that mean? Ultimately, it means that this is a favorable time for sellers to list their property, and buyers may want to hold out, or take the plunge now before housing prices rise further.


 





 


All data was taken from Redfin, The Santa Cruz Association Of Realtors®, and the California Association of REALTORS®. Small discrepancies are expected.



Get answers to all of your real estate questions. If you're interested in learning more about the homes found in Santa Cruz, be sure to contact Lauren Spencer online or call 1.800.226.4717 to learn more about the area.
 ]]> </description>
    <pubDate>Fri, 23 Feb 2024 12:00:00 -0800</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/the-top-3-santa-cruz-neighborhoods-for-growing-families-updated-for-2022.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/the-top-3-santa-cruz-neighborhoods-for-growing-families-updated-for-2022.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>The Top 3 Santa Cruz Neighborhoods for Growing Families [Updated For 2022]</title>
    <description> <![CDATA[ 




Santa Cruz is home to an impeccable public school system and a highly rated health care system to boot, making it an ideal location for family life.



Before you embark on your real estate search in Santa Cruz, check out this list of Santa Cruz neighborhoods for growing families - and gain insight on the best communities to suit your family's needs.


Scotts Valley


Scotts Valley is currently experiencing rapid development in regards to new construction homes and retail opportunities. Located just 6 miles from the iconic beaches of Santa Cruz, and 30 minutes from San Jose’s Silicon Valley, this family-oriented neighborhood offers a substantial assortment of single-family homes to discover.



Ample lots, freshened up mid-century moderns, and brand new construction homes are all characteristic of gorgeous Scotts Valley neighborhoods. Homes in this area often include extra amenities like pools and tennis courts, and are bordered by gorgeous redwood cedars and infamous water bodies like Bean Creek, Carbonera Creek, Mackenzie Creek, and the San Lorenzo River.






West Santa Cruz


West Santa Cruz  family homes are extremely variable in price and property style, ranging from luxury properties with spacious lots to condominiums and townhouses



Whether you’re interested in beachside family life, or elevation with a view, the Westside neighborhood has it all, making it quite accessible for homebuyers of differing needs and preferences.



Home to the nationally revered Pacific Collegiate School, West Santa Cruz is a fantastic neighborhood for growing families. A charter school serving grades 7-12, Pacific Collegiate School was recently ranked 1 public high school in the state and in the top 10 nationwide.



The Upper West portion of the community is very close to University of California, Santa Cruz campus and features quaint ranch-style homes, as well as charming period homes from the 1900s. In contrast, the Lower Westside of Santa Cruz is amazingly scenic, encompassing a number of popular beaches and off-leash parks.






Aptos


Speaking of scenic beauty, Aptos is known for its unparalleled landscape, blending towering redwoods with the glistening Pacific Ocean and its well-known surf spots along the shore Families often choose real estate in the Aptos area due to its combination of community-orientation, variety of real estate, and stunning natural environment.



It's a great choice of neighborhood for growing families.



While perhaps on the more expensive side, family homes in the Aptos Hills are often nestled privately in lush forests, complete with gated driveways and rural architecture, boasting an ideal mixture of luxury and seclusion. Other subcommunities of Aptos, like Seacliff and Rio Del Mar, include beautiful beachfront and ocean view properties.



Regardless of subcommunity, Aptos homes are situated close to an array of top-rated public schools, including:






Main Street Elementary School


Santa Cruz Gardens Elementary School


Rio Del Mar Elementary School


New Brighton Middle School


Aptos High School















Is your family ready to make the move to a Santa Cruz neighborhood? Contact Lauren Spencer Online or call 1.800.226.4717 today to get started with your home search
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    <pubDate>Fri, 24 Jun 2022 10:00:00 -0700</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/whats-next-for-santa-cruz-real-estate-in-2019.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/whats-next-for-santa-cruz-real-estate-in-2019.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>What's Next For Santa Cruz Real Estate In 2019</title>
    <description> <![CDATA[ 



The real estate market in Santa Cruz has been on such an upward trajectory for the last 10 years that many have been wondering, &quot;how much longer&quot;?


Well, it's finally here: 2019 should be the year when things level out into a more balanced market.


However, as we'll see, some issues remain for buyers...


National Real Estate Projections for 2019


Rapid gains over the last 10 years have erased the losses of 2008. Now we're expecting to enter a cooler market in 2019, favoring buyers a little more than in the past.


However, &quot;greater balance&quot; shouldn't be interpreted to mean stagnation, or even a new status quo. First, prices are still expected to rise, just at a slower rate. And second, where this slowing down goes is still unknown - it could be a brief pause before a continued upswing, or the start of a more general decline.


Furthermore, expected price increases through 2019 are despite the projected gains in inventory.


Higher mortgage rates will also mean greater affordability pressure for buyers in 2019. At present, many would-be buyers are experiencing price fatigue, opting instead to rent or look about for more affordable markets.


The new tax regime could also throw a spanner in the works, but the long term effects as yet are unknown. However, it is expected to favor renting over home-ownership in the short term.


Santa Cruz in 2019 - Buyers


Buyers in 2019 will be tempted to adopt the &quot;wait and see&quot; approach, holding off from entering the market, especially for fear of buying at the peak of home pricing.


However, it's important to remember that prices are still projected to rise in 2019 and beyond, along with interest rates as well. As such, if you're planning to buy soonish (sometime in the next year or two, or three), it may be a good idea to do it now, before property becomes even more expensive.


Those buying at or near the top of Santa Cruz's property market have little cause for concern. Given the strong market fundamentals and improving inventory, buyers of up-market homes will have both more options and more confidence that their properties will maintain value.


Also, recent gains mean that there are less competitors in the market, so you may find yourself in a better bargaining position with prospective sellers.


Santa Cruz in 2019 - Sellers


Remember that Santa Cruz is still going to be a sellers market in 2019. However, increased competition means that the bidding wars might not be so fervent as they have been in the past. Sellers should expect to offer modest price reductions going forward.


As mentioned before, things are expected to be even tighter at the lower end of the market, as many buyers are priced out or simply leave for cheaper areas.


However, a significant amount of demand will come from millennials, and even students, looking for more affordable properties in the Bay Area.


Santa Cruz Forecast


In short, the continuously rising prices over the past few years have priced out many potential buyers, leading to weaker demand.


Home prices will probably keep rising, just at a slower rate. Homes will also be less affordable due to increases in interest rates.


Though the market is becoming a more level-playing field, it will continue to favor sellers.
 ]]> </description>
    <pubDate>Wed, 20 Feb 2019 09:09:00 -0800</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/new-townhome-community-coming-to-scotts-valley.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/new-townhome-community-coming-to-scotts-valley.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>New Townhome Community Coming To Scotts Valley</title>
    <description> <![CDATA[ 



If you’re thinking about buying a townhome in the coming months, then we have exciting news for you A new townhome community has just been announced in Scotts Valley, which will bring 20 beautiful new condos to Lundy Lane near Hocus Pocus Park. The project was originally planned for 2011, however the economic decline had investors worried about its success. Now, with a thriving economy and bustling real estate market, the original developer is excited to make this long-time vision a reality, and it couldn’t come soon enough.


Santa Cruz developer, Brooks Properties, who recently completed De Laveaga Park in Santa Cruz, is spearheading the project in collaboration with Bill Kempf, a local architect who also designed the Pinnacle View townhome community on Lundy Lane. The project should take roughly a year-and-a-half to complete, however some of the units should be available as soon as early Spring 2017.


Brooks Properties is hoping the 1,800 to 2,000 square-foot townhomes will garner the attention of working-class families with a budget in the low $700,000s. Currently there is only one similarly sized townhome on the market, which was built in 2003 and is priced at $749,000.


View Current Scotts Valley Condos &amp; Townhomes For Sale



Santa Cruz Real Estate Market At A Glance – August 2016


In August, the average home price in Santa Cruz County was $815,000 , which is up 14 from August 2015. The average sale price is also up from last year, rising from $800,000 to $948,656, an 18 difference. While August was a busy month with 185 homes sold, many of the homes spent a little bit longer on the market than usual and inventory was also slightly up from previous months.


If you’re looking to buy a home in the Santa Cruz area, put Lauren’s trusted expertise to work for you. Send her a message or give her a call at 800.226.4717 for more information today.


^ Back to New Townhome Community Coming to Scotts Valley
 ]]> </description>
    <pubDate>Mon, 03 Oct 2016 13:23:00 -0700</pubDate>
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    <guid>https://www.mysantacruzrealestate.com/blog/is-it-better-to-buy-or-rent-in-santa-cruz-this-year.html</guid>
    <link>https://www.mysantacruzrealestate.com/blog/is-it-better-to-buy-or-rent-in-santa-cruz-this-year.html</link>
        <author>lauren@laurenspencer.com (Lauren Spencer)</author>
        <title>Is It Better To Buy Or Rent In Santa Cruz This Year?</title>
    <description> <![CDATA[ 
Whether you’re looking to rent or have been renting in Santa Cruz recently, it'll likely come as no surprise to you that rental prices have skyrocketed over the past few years. It comes down to the fundamental principles of economics. When demand is high and supply is low, prices will trend higher than usual. Unfortunately, this doesn’t bode well for students, seniors, singles, and small households.


Recent market statistics shows that in July, the median home price was $725,000, and around 44 of homes on the market were priced at over $1 million. On the bright side, that means somewhere in the remaining 56 of the market there are affordable homes—you just have to look for them


Are You Student Looking To Rent In Santa Cruz? Consider Buying A Home Instead


With the beginning of the semester right around the corner, right now is the busiest time of year for students looking for a place to live in September. The idea of buying a home might be a bit daunting at first, but it could have serious payouts in the long run.


Take this home for example: a four bedroom, three bathroom home for sale in the in the western portion of the city, with a mere 15-minute commute to the University of California in Santa Cruz.




Home cost: $559,000


Mortgage payment: $2,974


Mortgage duration: 30 years


Interest rate: 5.5




If you bought the home and chose to split the mortgage payment between three out of four bedrooms, your renters would cover the mortgage payment and you could live in the home for free. If you charged a little bit more or contributed a little bit yourself, then you could subsequently pay down the mortgage faster. Once you’ve completed your studies, you’ll have already started building some equity and could choose to either sell or continue to rent out the home.


With some single-bedroom units renting out at $1,600 per month, you'd be saving nearly 38 if you bought the home mentioned above, instead of renting for this price.


Investing in Santa Cruz Real Estate


Whether you’re currently a renter or homeowner and are looking to purchase an investment residence, homes for sale in Santa Cruz are an ideal choice. If you're looking to rent out the home, now is an even more ideal time to buy. With such a hefty demand for rental properties, it should be easy to find great renters so you can start paying down the home almost right away.


The above calculations have been simplified to give you an idea of what could be accomplished if you find yourself crunched by the rental squeeze. If you’d like to learn more about buying investment homes in preferred rental communities, contact me and I’d be happy to discuss them with you.




Questions About Santa Cruz?



We're experts in the community and real estate market of Santa Cruz—this is where we live, work, and play. So let us know your questions about our community and county and we'll be happy to fill you in on all you want to know


Lauren Spencer has consistently been voted best local REALTOR in Santa Cruz and is always happy to offer her advice and expertise. Call her at: 800.226.4717.



Connect With Our Team Today:   Send Us An Email




^ Back To Learning More About Buying Or Renting In Santa Cruz
 ]]> </description>
    <pubDate>Mon, 10 Aug 2015 09:24:00 -0700</pubDate>
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