Median home price rebounds to $682,500

Seb FreySanta Cruz Real Estate

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Oh ye of little faith. I bring you good tidings:

[From Median home price rebounds to $682,500 – Santa Cruz Sentinel]

The median sales price for a single-family home in Santa Cruz County rebounded to $682,500 in February, up from $599,000 in January.

I can’t say that I’m surprised. That was a huge, whopping drop, all the way down to $599,000. I don’t have the numbers at the tip of my fingers, or tongue, or any worthwhile extremity for that matter, but I do believe that it was down from about $700,000 or so the month before that (December 2007). So we’re back up closer to $700K – but we’re still down, going down now

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