Is Capistrano Beach, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Capistrano Beach is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Capistrano Beach, CA

How much do homes in Capistrano Beach, CA cost?

Median Sold Price

$1,570,000

$798/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$150,000(-8.7%)

Key Takeaway

Homes in Capistrano Beach have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Capistrano Beach was $1,570,000 in March 2024, down 8.7% from last year, and the median price per square foot was $798.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $464.5K$498K
+7.2%
2 $1.1M$1.1M
-6.0%
3 $1.5M$1.5M
+3.6%
4 $2.0M$1.7M
-12.8%
5+ $2.6M$3.7M
+39.6%

Summary: Capistrano Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 39.6%.

Median Sold Price Compared To Nearby Cities

San Clemente
+4.6%
Dana Point
+4.6%
San Clemente
+4.6%
San Juan Capistrano
+3.8%
Capistrano Beach
-8.7%

Housing Supply in Capistrano Beach, CA

How many homes are available in Capistrano Beach, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2834+21.4%

Summary: The Capistrano Beach real estate market had 34 homes for sale in March 2024, a 21.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 89
+12.5%
4 1116
+45.5%
5+ 56
+20.0%

Summary: The Capistrano Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Capistrano Beach, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Capistrano Beach in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Capistrano Beach, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
62 Days44 Days-28.7%

Summary: Homes in Capistrano Beach had an average of 44 days on market in Mar 2024, down by 28.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Capistrano Beach; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 24 Days Ago

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