Santa Cruz, CA Market Update for October 2007

Here are the latest real estate market statistics for Santa Cruz, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 51.9%*

Average	September 2007	October 2007	% Change
Asking Price	$816,120	$762,309	-6.6%
Sales Price	$784,220	$744,361	-5.1%
% of Asking Price	96%	98%	2.0%
$/SQFT	$506	$569	12.5%
Days on Market	59	67	13.6%
Total Transactions	40	32	-20.0%

Search for homes in Santa Cruz, CA and read a neighborhood overview of the Santa Cruz, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 11/7/2007: 368 properties on the market with 191 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.