Santa Cruz Properties- The median price for a single-family home in Santa Cruz County climbed from $500,000 in February to $519,000 in March with an increase in the percentage of sales over $1 million, As reported by The Santa Cruz Sentinel.
The median, the mid-point of sales, is up dramatically from the market bottom a year ago, when it was $399,000, but down dramatically from the boom two years ago when it was $650,000.
Last month, 12 percent of the sales were for more than $1 million, compared to 5 percent in February. It was the first time since September that high-end sales were in the double digits.
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Santa Cruz Property Median Price Increase
14 years ago
