Is The Castro, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Castro is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

The Castro 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 The Castro, CA

How much do homes in The Castro, CA cost?

Median Sold Price

$2,000,000

$1,068/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$250,000(+14.3%)

Key Takeaway

Homes in The Castro have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in The Castro was $2,000,000 in November 2024, up 14.3% from last year, and the median price per square foot was $1,068.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $822.5K$943K
+14.7%
2 $1.4M$1.3M
-7.5%
3 $2.1M$2.0M
-8.0%
4 $2.6M$3.1M
+21.2%
5+ $2.3M$2.4M
+5.0%

Summary: The Castro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Neighborhoods

Eureka Valley
+14.8%
The Castro
+14.3%
Corona Heights
+11.0%

Housing Supply in The Castro, CA

How many homes are available in The Castro, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The The Castro real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 32
-33.3%
4 11
0.0%
5+ 21
-50.0%

Summary: The The Castro 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 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 The Castro, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in The Castro in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for The Castro, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days17 Days-44.4%

Summary: Homes in The Castro had an average of 17 days on market in Nov 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 The Castro are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in The Castro; 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 25 Days Ago

Newest Listings in The Castro, CA

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