Is Castroville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Castroville has remained a Seller's Market.
Housing Prices in Castroville, CA
How much do homes in Castroville, CA cost?
Median Sold Price
$900,000
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Castroville was $900,000 in May 2024, up 4.9% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $625K | $490K | -21.6% |
3 Bedrooms | $858.5K | $899.5K | +4.8% |
4 Bedrooms | $875K | $934.5K | +6.8% |
5+ Bedrooms | $900K | $1.1M | +22.2% |
Summary: Castroville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
Seaside-Monterey | $1.0M | $1.0M | +5.5% |
Castroville | $858K | $900K | +4.9% |
Pajaro | $862.5K | $860K | -0.3% |
Housing Supply in Castroville, CA
How many homes are available in Castroville, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Summary: The Castroville real estate market had 21 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Castroville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Castroville in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 25 Days | +19.0% |
Summary: Homes in Castroville had an average of 25 days on market in May 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Castroville; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.