Santa Cruz, CA Market Update for December 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: 50.0%*

Average	November 2007	December 2007	% Change
Asking Price	$872,314	$997,876	14.4%
Sales Price	$846,983	$955,397	12.8%
% of Asking Price	97%	96%	-1.0%
$/SQFT	$526	$563	7.0%
Days on Market	76	99	30.3%
Total Transactions	39	27	-30.8%

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 1/17/2008: 298 properties on the market with 149 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.