Capitola/Soquel Charmer
3 bed, 2 bath, 1500 sf
$749,000
Median Price of Existing Detached Homes
Santa Cruz County
SOURCE: California Association of REALTORS
Buyers prepare! Now may be the time to buy a home.
Looking at the performance of California real estate over the last 37 years,
we have seen very few times in which real estate values have dropped.
California’s historically strong market, combined with today’s low mortgage
rates and sizeable inventory in many areas, has created a unique window of
opportunity for confident buyers.
If you are thinking of buying a home, consider these facts provided by the
California Association of Realtors:
• In 1970, the median cost of a single-family home in California was $26,000
• Today, the median price of a home in California is $588,970 – an increaseof 2,165%
• In 1989, the median price of a single-family home in Santa Cruz
County was $222,726
• Today, just 18 years later, that same single-family home is selling
for $794,200 – a 256% increase If you are thinking of buying a home, now may be the time. Don’t let thiswindow of opportunity pass you by.
Contact us today.
Coldwell Banker