Soquel Housing Market Report – July 2026

Here's a look at how the Soquel, CA real estate market performed in July 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 6
  • Median Sale Price: $754,500
  • Average Sale Price: $891,500
  • Average Price Per Sq Ft: $592
  • Average Days on Market: 106
  • Sale-to-List Price Ratio: 97.3%

Month-Over-Month Trends

Compared to June, the median sale price in Soquel moved 45.3% down (from $1,380,400 to $754,500). The number of homes sold was 45.5% down compared to the prior month (11 vs. 6). Average days on market shifted 76.7% up (60 days to 106 days).

Year-Over-Year Comparison

Compared to July 2025, the median sale price is 42.8% down (from $1,320,000 to $754,500). Sales volume is 45.5% down year-over-year.

What This Means

Soquel's housing market is experiencing a significant slowdown in July, with both sales activity and prices pulling back sharply from recent months. The median sale price dropped 45.3% compared to June, falling from $1.38 million to $754,500, which suggests that either the previous month included some unusually high-value transactions or this month's inventory skewed toward more modest properties. Year-over-year, prices are down nearly 43%, indicating a sustained cooling trend rather than just monthly volatility. With only 6 homes selling this month, the market is clearly sluggish, though it's worth noting that recent data collection improvements mean we should focus more on price trends than volume fluctuations.

The extended time homes are spending on the market tells the real story here. Average days on market jumped from 60 to 106 days month-over-month, a concerning shift that suggests buyer interest is waning or pricing expectations need adjustment. However, homes that do sell are moving at 97.3% of list price, which is a healthy ratio and indicates that competitively priced properties still find buyers. With 48 active listings sitting around $942,500 median asking price, sellers may be holding firm while the market takes time to rebalance. For buyers, this slower pace offers more negotiating room and selection.

Soquel Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
95073 6 $754,500 $592 106

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 3 $1,250,000 $622
CONDOS 1 $590,000 $585
LAND 1 $769,000 N/A
MOBILE 1 $740,000 $508

Sales by Price Range

Price Range Homes Sold
$500K - $749K 3
$750K+ 3

Current Active Listings

As of this report, there are 48 active listings in Soquel with a median asking price of $942,500 and an average of 91 days on market.

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