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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castroville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Castroville, CA

How much do homes in Castroville, CA cost?

Median Sold Price

$942,500

$507/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$86,000(+10.0%)

Key Takeaway

Homes in Castroville have sold for 10% more than they did a year ago.

Summary: The median home sold price in Castroville was $942,500 in November 2024, up 10% from last year, and the median price per square foot was $507.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $590K$575K
-2.5%
3 $858.5K$930K
+8.3%
4 $919K$950K
+3.4%
5+ $900K$1.1M
+22.2%

Summary: Castroville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 22.2%.

Median Sold Price Compared To Nearby Cities

Castroville
+10.0%
Pajaro
-4.4%
Seaside-Monterey
-6.7%

Housing Supply in Castroville, CA

How many homes are available in Castroville, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The Castroville real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1311
-15.4%
4 33
0.0%
5+ 11
0.0%

Summary: The Castroville 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castroville, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Castroville in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Castroville, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days10 Days-87.3%

Summary: Homes in Castroville had an average of 10 days on market in Nov 2024, down by 87.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Castroville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Castroville, CA

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