We are still experiencing a strong real estate market in Santa Cruz county. There is some talk out there of the market cooling off a bit, especially at the higher end. Stats are still showing large year over year gain. We are seeing a trend of increasing inventory, but it still has not been enough to meet demand.
County wide the median price has increased about 10% for Single Family Homes and about 20% for Condo/Townhome, since the same time last year. Homes are selling for list price or slightly over list price.