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SCCMLS 2011 Annual Statistics

Posted on: January 8, 2012

Highlights from the Santa Cruz County MLS 2011 Annual Statistics for Residential Properties:

  • Total Sales Volume showed an increase of 10.01% in 2011 compared to prior year.
  • Number of Sold Residential Listings increased by 11.1% in 2011 compared from prior year.
  • The Median Sale decreased 10.2% in 2011 compared from prior year.
  • The Median Sale Price in 2011 was $86,250.
  • The Agent Average Days on Market decreased 20% in 2011 compared to prior year.
  • Average Sales Price remained about the same from $117,407 in 2011 to $117,789 in 2010.
  • Days to Close a transaction remained about the same from 130 days in 2011 to 126 days in 2010.
  • Sales by Individual owners increased 45%.
  • Median Sale Price by Individual owned property was $148,000 compared to REO/Banks owned property was $74,500 in 2011.
  • The number of Active Listings increased by 17% for REO/Bank owned properties.
  • A Total of 366 properties sold in 2011 with an average of 30.5 properties closing per month in 2011.
  • New Active Listings increased by 4% compared to prior year.

To view full report: SCCMLS Statistics – 2011 Year

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