Market Update
Santa Cruz
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$1.23m
2% less than in
Q3 2025
Q3 2025
Avg. Days On Market
44
7% more than in
Q3 2025
Q3 2025
Closed Sales
396
14% fewer than in
Q3 2025
Q3 2025
Inventory
542
10% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $1.2m | $1.35m | 448 |
| Q3 '23 | $1.19m | $1.29m | 411 |
| Q3 '24 | $1.29m | $1.42m | 406 |
| Q3 '25 | $1.25m | $1.4m | 459 |
| Q3 '26 | $1.23m | $1.36m | 396 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $1m | 37.1% |
|---|---|
| Q3 '26 | 147 |
| Q3 '25 | 154 |
| 1YR CHANGE | -5% |
| Closed $1m - $3m | 60.6% |
| Q3 '26 | 240 |
| Q3 '25 | 285 |
| 1YR CHANGE | -16% |
| Closed $3m - $5m | 1.5% |
| Q3 '26 | 6 |
| Q3 '25 | 18 |
| 1YR CHANGE | -67% |
| Closed Over $5m | 0.8% |
| Q3 '26 | 3 |
| Q3 '25 | 2 |
| 1YR CHANGE | +50% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 28 | $1.2m |
| Q3 '23 | 34 | $1.19m |
| Q3 '24 | 34 | $1.29m |
| Q3 '25 | 41 | $1.25m |
| Q3 '26 | 44 | $1.23m |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
10%
New Listings
New Listings represents the number of properties listed during the quarter.
15%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
27%
Closed Sales
-14%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
7%
Aptos
Median
$1.35m
DOM
43
Sales
59
Inv
97
Ben Lomond
Median
$912k
DOM
18
Sales
12
Inv
18
Boulder Creek
Median
$805k
DOM
66
Sales
18
Inv
17
Brookdale
Median
$975k
DOM
8
Sales
1
Inv
6
Capitola
Median
$1.4m
DOM
58
Sales
21
Inv
32
Corralitos
Median
$1.03m
DOM
41
Sales
7
Inv
12
Davenport
Median
n/a
DOM
0
Sales
0
Inv
2
Felton
Median
$1m
DOM
20
Sales
20
Inv
7
Freedom
Median
$960k
DOM
9
Sales
1
Inv
2
La Selva Beach
Median
$1.65m
DOM
32
Sales
1
Inv
11
Los Gatos Mountains
Median
$1.63m
DOM
56
Sales
30
Inv
69
Santa Cruz
Median
$1.5m
DOM
44
Sales
114
Inv
136
Scotts Valley
Median
$1.43m
DOM
43
Sales
35
Inv
33
Soquel
Median
$1.25m
DOM
32
Sales
15
Inv
23
Watsonville
Median
$850k
DOM
48
Sales
66
Inv
101