Watsonville, CA Market Report for the Week of August 20, 2012

The median list price in WATSONVILLE, CA 95076 this week is $399,625. The 188 properties have been on the market for an average of 160 days.

With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook.

Supply and Demand

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Price

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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For more information regarding luxury homes in Watsonville, CA, contact Hyko Roppel.

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