Santa Cruz continued to be in the Top 20 Hottest Real Estate Markets in August, according to Realtor.com®. However, it dropped from 8th place in July to 17th place last month.
In its survey of housing markets which tracks where houses sell the fastest and attract the most listing views, the number one market was Vallejo, California. Eleven of the top 20 markets are in California. After Vallejo come San Francisco (4), Stockton (5), San Diego (6), Sacramento (10), Yuba City (12), Modesto (13), San Jose (14), Fresno (15), Santa Cruz (17) and Santa Rosa (19).
The website says this was the most active August in a decade for real estate, with the median list price for homes across the country 8% higher than a year ago.
It's not too late to get into the market! While inventory and mortgage rates remain low, houses are in great demand. Please call me if you would like to discuss how best to market your home.