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Aptos Times - June 2018

June 15 2018
June 15 2018

HOT SANTA CRUZ MARKET!

In May, three of my buyers (all with loans) lost out on multiple offer deals in Santa Cruz. 714 Marnell listed for $949,000, got 9 offers, will close for $100K+ over list. 512 Sumner, duplex in Seabright, didn’t even get a counter as a “pre-emptive” all cash/over list price offer came in. 221 Walk Circle in lower Westside SC listed at $1.1M also got a “pre-emptive”/cash offer, and agent asked if my buyers could come up to $1.3M. This said, Aptos is a “softer” market right now. Median prices are up, but so are Days on Market (DOM). As of 5/27, 60 homes are for sale in Aptos, median price point is $1,197,500. Homes >$1M average 54 DOM, Homes <$1M average 26 DOM. “Commute” is coming up more and more as an issue for buyers.

MANUFACTURED HOMES (Mobile Home)

One “affordable” way to live in our area is to buy a mobile home. Aptos has 4 awesome parks to choose from. All four are HOA (you own the land/portion of  property) versus space rent (you lease the land).  Aptos Pines-7515 Freedom, is an all-age park, HOA-$165. Blue Pacific-220 Mar Vista is an all age, co-op as of 2016, HOA-$557. Aptos Knolls-600 Trout Gulch is 55+, HOA-$500, and Seacliff-2711 Mar Vista is 55+, HOA-$313. When you own the land, you do pay more for your home. Current Active Listings in Aptos are: 39 Eugenia (Aptos Pines) , 2015 model, 3 bed, 2 bath, 1512 Sq. Ft, asking $579,999; 61 Greco (Seacliff), 2004, 3 bed, 2 bath, 1210 Sq. Ft, asking $442,000; 5 Primrose (Seacliff), 1991, 2 bed, 2 bath, 1248 Sq. Ft, asking $368,000. Consider a mobile home if you are downsizing, buying a second home, or are a first-time home buyer. Call or email me for a list of mobile home parks in the County.

NEW LISTING128 Cormorant Way, Pajaro Dunes – 4 bed, 3 bath, 1989 Sq. Ft., rooftop deck, fabulous views and miles of beach – asking $1,395,000. Open House 6/17 1:00-4:00pm.

TOP 10 THINGS TO DO WHEN BUYING OR SELLING A HOME -

#1- Call Me! (I’ll handle the rest!)


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