Welcome to the Paul Burrowes Real Estate Video Library. Here you'll find informative videos covering the Santa Cruz County real estate market, home buying and selling strategies, commercial real estate, investment opportunities, neighborhood tours, new construction communities, market updates, and practical tips for buyers, sellers, and investors. Whether you're relocating, purchasing your first home, selling a property, or exploring commercial opportunities, these videos provide local insights to help you make informed real estate decisions.
Santa Cruz Market Statistics – What Buyers & Sellers Need to Know
We’ve already seen early signs that the market in Santa Cruz is cooling—inventory hit a six-year high back in May, homes are sticking around for over 45 days in some areas, and sale prices have slipped below their 2021 peaks. In terms of whether it's a buyer's or seller's market, the consensus is shifting. While it's still largely considered a seller's market due to high demand and limited inventory, there are signs of it becoming more balanced. Homes are staying on the market longer, and inventory levels are at a six-year high, giving buyers more negotiating power and a greater selection of properties to choose from. Some real estate experts are even describing the current conditions as a "sweet spot" that is moving in the direction of a buyer's market. Let’s dig deeper.