Residential Lots for sale Real Estate Statistics
Average Price | $1.6M |
---|---|
Lowest Price | $6K |
Highest Price | $36.9M |
Total Listings | 838 |
Avg. Price/SQFT | $0 |
Property Types (active listings)
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More About Residential Lots for sale
Data from the U.S. Department of Housing and Urban Development and Census Bureau indicates that new home permits rose 6.7% in March 2022 compared to March 2021, totaling over 1.8 million. December 2023 saw 1,495,000 privately-owned home permits, a significant 6.1% increase from December 2022 and 1.9% from November. Permits for single-family homes in December reached 994,000, a 1.7% increase over November. Choosing the ideal location is likely the first vital step when building a house.
When looking for undeveloped property to build on, the best course of action is to work with a real estate agent specializing in land sales. Be aware of your preferences for the kind of building you want and where it should be located. It is crucial, especially if you have specific requirements. For example, if you long for a mountain view, explore possibilities in Scotts Valley, Los Gatos, Felton, or Santa Cruz. If you plan to build near a winery in Santa Cruz, ensure your familiar with areas like Aptos, Watsonville, Soquel, and Santa Cruz.