27 homes in near MERIT ACADEMY
Homes for Sale near MERIT ACADEMY
SANTA CRUZ, CA
$2,795,000
FOR SALE310 Hidden Valley, Soquel, CA 95073
3 beds · 3 baths · 3,627 sqft
About Homes near MERIT ACADEMY
These are homes for sale within about 2 miles of MERIT ACADEMY in SANTA CRUZ. The area around the school has 27 active listings.
MERIT ACADEMY Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 14% over the last six months and 10% over the past year, yet the typical home takes about 70 days to sell, and 41% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.70M
↑ 10% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.4 months of supply
Balanced Supply27 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~70 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 52% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in MERIT ACADEMY Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
21,669 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $1.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$4.0M)
Price Reductions
11 listings have reduced their price
41% of active listings
Average reduction: 8.5% (~$144K)
MERIT ACADEMY Area Market Overview
Homes in the MERIT ACADEMY area carry a median list price of $1.7M. Compared with SANTA CRUZ overall, that is a 14.5% premium. The median price moved from $1M in February to $1.4M in July, a 44.8% increase over six months. Right now 27 homes are on the market in the MERIT ACADEMY area. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
Explore Nearby Cities
Browse homes for sale in cities near Santa Cruz
Nearby Schools
Frequently Asked Questions about Homes near MERIT ACADEMY
How many homes are for sale in MERIT ACADEMY Area, CA?
There are currently 27 homes for sale in MERIT ACADEMY Area, ranging from $343,263 to $6,995,000. 4 of them hit the market within the last week.
What is the median home price in MERIT ACADEMY Area?
The median list price in MERIT ACADEMY Area is $1,695,000. Price per square foot averages $1079. Prices are up 9.5% compared to a year ago.
How fast do homes sell in MERIT ACADEMY Area?
Homes in MERIT ACADEMY Area currently average 70 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.