Santa Cruz County - Q1 2025 Market Overview

In Q1 2025, the Santa Cruz County housing market remained relatively stable with modest seasonal movement. Active listings ticked up from around 360 in January to over 410 by March, reflecting a mild spring inventory build. Sold listings also rose slightly, from a seasonal low near 90 to roughly 130, indicating gradual buyer re-engagement. The median sales price showed a sharp March increase to approximately $1.27M, recovering from a dip earlier in the quarter, while the average price per square foot held steady around $830. Days on market decreased from 49 to just under 40, suggesting modest improvement in market pace. Overall, the Santa Cruz market remains steady but price-sensitive, with limited volatility and buyers favoring well-priced, turnkey listings heading into Q2.