Is Castaic, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Castaic has remained a Seller's Market.
Housing Prices in Castaic, CA
How much do homes in Castaic, CA cost?
Median Sold Price
$810,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Castaic was $810,000 in March 2024, up 4.3% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $592.5K | N/A |
2 Bedrooms | $496K | $436K | -12.1% |
3 Bedrooms | $709.5K | $705K | -0.6% |
4 Bedrooms | $827.5K | $837.5K | +1.2% |
5+ Bedrooms | $955K | $900K | -5.8% |
Summary: Castaic housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
Stevenson Ranch | $1.0M | $1.0M | +6.7% |
Lake Hughes | $390K | $416.2K | +6.7% |
Castaic | $776.6K | $810K | +4.3% |
Santa Clarita | $738.1K | $765K | +3.6% |
Newhall | $759.4K | $774.5K | +2.0% |
Housing Supply in Castaic, CA
How many homes are available in Castaic, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 70 | +22.8% |
Summary: The Castaic real estate market had 70 homes for sale in March 2024, a 22.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Castaic 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 increased by 300%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Castaic in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Castaic, CA
How long does it take to sell a home in Castaic, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 24 Days | -56.6% |
Summary: Homes in Castaic had an average of 24 days on market in Mar 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Castaic; 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.