Is Casta del Sol, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casta del Sol is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Casta del Sol has remained a Seller's Market.

Key Takeaway

Casta del Sol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Casta del Sol, CA

How much do homes in Casta del Sol, CA cost?

Median Sold Price

$840,000

$584/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,000(+3.4%)

Key Takeaway

Homes in Casta del Sol have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Casta del Sol was $840,000 in April 2024, up 3.4% from last year, and the median price per square foot was $584.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $770K$782.5K
+1.6%
3 $856.2K$867.5K
+1.3%
4 --
N/A
5+ --
N/A

Summary: Casta del Sol housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Finisterra on the Lake
+9.8%
Oso Valley Green
+5.8%
Casta del Sol
+3.4%

Housing Supply in Casta del Sol, CA

How many homes are available in Casta del Sol, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2833+17.9%

Summary: The Casta del Sol real estate market had 33 homes for sale in April 2024, a 17.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 1417
+21.4%
4 00
0.0%
5+ 00
0.0%

Summary: The Casta del Sol housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casta del Sol, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Casta del Sol in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for Casta del Sol, CA

How long does it take to sell a home in Casta del Sol, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days25 Days+22.6%

Summary: Homes in Casta del Sol had an average of 25 days on market in Apr 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

5 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

Many homes in Casta del Sol are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Casta del Sol; 63% of homes were sold within 30 days, 38% 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 8 Days Ago

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