Santa Cruz County Market Update – August 2025
Quick summary: In August 2025, Santa Cruz County’s single-family market saw a median sales price of $1.39M, with 127 closed sales, an average of 49 days on market, 98% of list price received, and 3.8 months of inventory. Compared to August 2024, when the median price was $1.30M, 134 homes sold, the average market time was 30 days, and sellers received 100% of list with 3.1 months of inventory, the data shows a clear shift toward buyer leverage. Homes are taking longer to sell, sellers are conceding slightly more on price, and inventory has grown, signaling that buyers have more choices and negotiating power even as prices remain elevated near record levels.
