Is Castaic, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castaic is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Castaic has remained a Seller's Market.

Key Takeaway

Castaic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Castaic, CA

How much do homes in Castaic, CA cost?

Median Sold Price

$820,000

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,500(+4.3%)

Key Takeaway

Homes in Castaic have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Castaic was $820,000 in November 2024, up 4.3% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $592.5K$300K
-49.4%
2 $450K$472K
+4.9%
3 $712K$740K
+3.9%
4 $822.5K$855K
+4.0%
5+ $900K$982K
+9.1%

Summary: Castaic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Newhall
+4.6%
Santa Clarita
+4.4%
Castaic
+4.3%
Stevenson Ranch
-1.9%

Housing Supply in Castaic, CA

How many homes are available in Castaic, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8780-8.0%

Summary: The Castaic real estate market had 80 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 4334
-20.9%
4 2427
+12.5%
5+ 1616
0.0%

Summary: The Castaic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 20.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castaic, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Castaic in November 2024, up by 16.7% month-over-month. Of the 21 sold homes, 38% were sold under asking, 43% were sold at asking, and 19% were sold over asking.

Days on Market for Castaic, CA

How long does it take to sell a home in Castaic, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days37 Days+22.9%

Summary: Homes in Castaic had an average of 37 days on market in Nov 2024, up by 22.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Castaic are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in Castaic; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Castaic, CA

Nearby Markets to Castaic, CA

What housing markets are near Castaic, CA?