Santa Cruz Homes - 2009 Annual Report
By Michael Whiting
(David Lyng Real Estate)
Santa Cruz Homes - 2009 Annual Report Well ... the data is in. We can now create a 2009 Annual Report on the state of Santa Cruz Homes sales. There are a number of positive indicators to report. • For starters, the number of sales in 2009 was up 23.1% over the number of sales in 2008. • The median price of a single family home in Santa Cruz County reached $560,000 in December. This was up 24.4% over December the year before. • The year ended with the lowest amount of active inventory since March of 2005. • Accordingly, the Days On Market indicator is at 97 days. This is the lowest it's been since 2004 when it was a strong Seller's Market. The chart below illustrates a relationship between Median and Average Sales prices as compared to the number of actual ...