Is Capitola, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Capitola has remained a Seller's Market.
Housing Prices in Capitola, CA
How much do homes in Capitola, CA cost?
Median Sold Price
$875,000
$839/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Capitola was $875,000 in April 2024, down 16.7% from last year, and the median price per square foot was $839.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $894.9K | -27.4% |
2 Bedrooms | $805K | $732K | -9.1% |
3 Bedrooms | $1.6M | $1.6M | -1.1% |
4 Bedrooms | $1.9M | $1.6M | -16.9% |
5+ Bedrooms | - | $1.4M | N/A |
Summary: Capitola housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.
Housing Supply in Capitola, CA
How many homes are available in Capitola, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 35 | +9.4% |
Summary: The Capitola real estate market had 35 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Capitola housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Capitola in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Capitola, CA
How long does it take to sell a home in Capitola, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 21 Days | -1.5% |
Summary: Homes in Capitola had an average of 21 days on market in Apr 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Capitola; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.