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 December 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

$825,000

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$36,500(+4.6%)

Key Takeaway

Homes in Castaic have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Castaic was $825,000 in December 2024, up 4.6% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $592.5K$300K
-49.4%
2 $462.5K$472K
+2.1%
3 $700K$741K
+5.9%
4 $822.5K$850K
+3.3%
5+ $900K$994K
+10.4%

Summary: Castaic housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Newhall
+5.1%
Santa Clarita
+4.7%
Castaic
+4.6%
Lake Hughes
-0.3%
Stevenson Ranch
-4.9%

Housing Supply in Castaic, CA

How many homes are available in Castaic, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7463-14.9%

Summary: The Castaic real estate market had 63 homes for sale in December 2024, a 14.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3025
-16.7%
4 2728
+3.7%
5+ 159
-40.0%

Summary: The Castaic housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Castaic in December 2024, down by 28.6% month-over-month. Of the 15 sold homes, 13% were sold under asking, 53% were sold at asking, and 33% 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

Dec 2023Dec 2024CHANGE
31 Days32 Days+3.7%

Summary: Homes in Castaic had an average of 32 days on market in Dec 2024, up by 3.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 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 December 2024, 15 homes were sold in Castaic; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

Newest Listings in Castaic, CA

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