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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cayucos is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cayucos was a Seller's Market.

Key Takeaway

Cayucos is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cayucos, CA

How much do homes in Cayucos, CA cost?

Median Sold Price

$1,472,500

$954/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,500(+2.0%)

Key Takeaway

Homes in Cayucos have sold for 2% more than they did a year ago.

Summary: The median home sold price in Cayucos was $1,472,500 in October 2024, up 2% from last year, and the median price per square foot was $954.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $750K$1.2M
+68.7%
2 $1.2M$1.0M
-15.6%
3 $1.4M$2.4M
+65.3%
4 $2.0M$2.3M
+15.0%
5+ -$1.9M
N/A

Summary: Cayucos housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.7%, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 65.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Morro Bay
+4.4%
Cambria
+4.3%
Cayucos
+2.0%
North Coast
0.3%

Housing Supply in Cayucos, CA

How many homes are available in Cayucos, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32320.0%

Summary: The Cayucos real estate market had 32 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 1313
0.0%
4 911
+22.2%
5+ 10
-100.0%

Summary: The Cayucos housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cayucos, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cayucos in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cayucos, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days131 Days+119.6%

Summary: Homes in Cayucos had an average of 131 days on market in Oct 2024, up by 119.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cayucos has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Cayucos; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

Newest Listings in Cayucos, CA

Nearby Markets to Cayucos, CA

What housing markets are near Cayucos, CA?