Soquel Housing Market Report – March 2026
Here's a look at how the Soquel, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 8
- Median Sale Price: $799,500
- Average Sale Price: $1,205,675
- Average Price Per Sq Ft: $639
- Average Days on Market: 66
- Sale-to-List Price Ratio: 100.8%
Month-Over-Month Trends
Compared to February, the median sale price in Soquel moved 32.1% down (from $1,177,500 to $799,500). The number of homes sold was 33.3% up compared to the prior month (6 vs. 8). Average days on market shifted 46.3% down (123 days to 66 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 47.8% down (from $1,532,500 to $799,500). Sales volume is 33.3% down year-over-year.
What This Means
Soquel's March market is showing some genuinely mixed signals that hint at both opportunity and underlying weakness. The median price dropped nearly 48 percent year-over-year, which is a pretty dramatic correction that suggests the market has cooled considerably from where we were last spring. However, this month did see a bounce compared to February—sales jumped from 6 to 8 homes, and homes are now selling much faster, dropping from 123 days on market down to just 66. That's a meaningful shift toward buyers, at least on the velocity front.
The interesting part is that homes are actually selling slightly above asking price at a 100.8 percent ratio, which typically signals some underlying demand despite the softer year-over-year numbers. That said, the property mix is tilted heavily toward mobile homes and land rather than traditional single-family residences, which skews the picture. With 39 active listings on the books—nearly double typical months—there's clearly inventory available for shoppers. Spring seasonality may be helping with the faster sales this month, but the steep year-over-year decline suggests affordability challenges remain stubborn in this market.
Soquel Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95073 | 8 | $799,500 | $639 | 66 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| MOBILE | 3 | $689,900 | $516 |
| LAND | 2 | $1,952,250 | $369 |
| SINGLE_FAMILY | 2 | $1,438,500 | $1,069 |
| TOWNHOMES | 1 | $850,000 | $689 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 4 |
| $750K+ | 4 |
Current Active Listings
As of this report, there are 39 active listings in Soquel with a median asking price of $889,000 and an average of 91 days on market.
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