HOME PRICES IN WATSONVILLE CA for November 2013 (including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

HOME PRICES IN WATSONVILLE CA for November 2013 (including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

We have seen several months of price increases on SOLD HOME PRICES in Watsonville (95076) and the surrounding area.  If you are considering buying a home, you can still find deals, but having a good real estate agent who understands the market is a must.  Don’t stay on the fence too long. As you can see in the graph, listings are not selling for their asking price.

To make sure you don’t overpay for your home, you want an agent who knows the market and has the statistics to support an “offer” price. A reminder to all buyers is that a low inventory is one indicator that prices should continue to rise. Now is the time to buy. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers.

WATSONVILLE CA HOME PRICES

The number of active listings in Watsonville (95076) dropped by 7.8% from the previous month.  The median number of days active properties have been listed is 92. The number of sales in September dropped by 90.9% from the previous month. The percent of owner occupied properties in Watsonville (95076) is 16.44% below the national average.  The percent of rental properties in Watsonville (95076) is 26.7% above the national average which is typical for urban areas.

WATSONVILLE CA REAL ESTATE REPORT SUMMARY (95076 – Including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

The median list price in November for single family homes in Watsonville CA is $604,280. The number of active listings in Watsonville CA is 142 and the Median Days on Market is 92.  6.3% are Distressed Listings (Foreclosures and Short Sales).

FIND HOMES FOR SALE IN WATSONVILLE and surrounding cities  Visit my website to SEARCH FOR HOMES IN WATSONVILLE CA or be notified when new homes come on the market.

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Santa Cruz & Monterey Counties Housing Stats - Hot Off the Press

Santa Cruz and Monterey Counties Housing Stats are here, hot off the press.  (Includes Santa Cruz, Aptos, Watsonville, La Selva Beach)

As normal, the local housing market appears to be going through the seasonal slow down.  The median prices are still better than 2012 for both the single family residence and condos/townhomes. However, the market statistics seem to relay that the single family market is softening.  

Compared to 2012, Monterey County is showing 17% less inventory.  Santa Cruz is down 7%. Days on market are less than 2012 as well.  

Due to the government shut down, buyers are choosing lenders with the capacity to approve and fund loans without government approval.  If you need a lender that is able to fund without government approval, contact me for a list of highly recommended local lenders.

What does that mean to you as a Seller?  We need you now! Inventory is low. If you were not able to sell in the past few years due to owing more money than the market priced your home, call me and get a Highest Price Analysis.  Many sellers find that the market has increased enough that they now have the equity to sell and make money.

What does that mean to you as a Buyer?  The prices are stabilizing and the interest rates are still low.  There are not many homes to choose between, but the multiple offer buying frenzy has slowed down dramatically so you can buy with a calmness that was not there before.  Call and get my free eBook on "Tips for the Smart Homebuyer."

For additional statistics, contact me. 

Search for homes in Santa Cruz and Monterey Counties here