History repeats itself. Except for seven sporadic years, California's median home price has increased every year since 1968, while the US median has never declined. Statewide, the median has jumped an average of 9% annually since 1970. Except for three years (1992-1994), Santa Cruz County's median has increased every year since 1979. Notice the cycles we've been through. History repeats itself.
Real estate remains a smart long-term investment — not to mention a safe place to call home.
*Ask me about medians in other California counties.
Appreciation in Santa Cruz County