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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cayucos is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Cayucos is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cayucos, CA

How much do homes in Cayucos, CA cost?

Median Sold Price

$1,324,500

$1,003/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$57,000(-4.1%)

Key Takeaway

Homes in Cayucos have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Cayucos was $1,324,500 in December 2024, down 4.1% from last year, and the median price per square foot was $1,003.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $750K$1.1M
+58.0%
2 $1.1M$975K
-13.5%
3 $1.3M$1.9M
+42.3%
4 $2.0M$2.3M
+15.0%
5+ -$1.9M
N/A

Summary: Cayucos housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 42.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cambria
+7.5%
Morro Bay
+1.9%
North Coast
0.4%
Cayucos
-4.1%

Housing Supply in Cayucos, CA

How many homes are available in Cayucos, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2830+7.1%

Summary: The Cayucos real estate market had 30 homes for sale in December 2024, a 7.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 911
+22.2%
3 99
0.0%
4 87
-12.5%
5+ 01
+100.0%

Summary: The Cayucos 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 increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Cayucos in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Dec 2023Dec 2024CHANGE
81 Days37 Days-53.6%

Summary: Homes in Cayucos had an average of 37 days on market in Dec 2024, down by 53.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 5 homes were sold in Cayucos; 40% of homes were sold within 30 days, 60% 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 7 Days Ago

Newest Listings in Cayucos, CA

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