Santa Cruz County Market Update – November 2025
– Active Inventory decreased 15.3% from October ’25 to November ‘25. Active Inventory is up 3.9% from November ’24.
– The median SFH sales price for November was $1.30M, up 1.5% from the month prior. November ’25 median home price is down 1.5% from November ’24.
– Number of Sales decreased by 18.7% from October ’25 and is down 9.9% from November ’24.
– Days on Market in November ’25 was 65. Days on Market in November ’24 was 38.
November has maintained strong pricing numbers, but other metrics indicate favorability for buyers. The average Days on Market is up 71% compared to last year. Homes are less likely to sell for the asking price as evidenced by a 2% decrease in the Price/List ratio compared to last year. It’s an indication of a trend that has been occurring for the better part of 2025: increased buyer leverage and unrealistic seller expectations. Seasonal impacts are upon us; expect a decrease in home sales and buyer activity in the market.
