Is La Costa, 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, La Costa has remained a Seller's Market.
Key Takeaway
La Costa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Costa, CA
How much do homes in La Costa, CA cost?
Median Sold Price
$1,394,000
$645/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in La Costa have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in La Costa was $1,394,000 in April 2024, up 7.2% from last year, and the median price per square foot was $645.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $574.5K | $592.5K | +3.1% |
| 2 Bedrooms | $727K | $775K | +6.6% |
| 3 Bedrooms | $1.1M | $1.3M | +14.6% |
| 4 Bedrooms | $1.7M | $1.8M | +6.6% |
| 5+ Bedrooms | $2.3M | $2.2M | -4.0% |
Summary: La Costa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 4%.
Housing Supply in La Costa, CA
How many homes are available in La Costa, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 114 | 127 | +11.4% |
Summary: The La Costa real estate market had 127 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 7 | -36.4% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 28 | 35 | +25.0% |
| 4 Bedrooms | 33 | 36 | +9.1% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The La Costa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Costa, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in La Costa in April 2024, up by 14.3% month-over-month. Of the 40 sold homes, 40% were sold under asking, 15% were sold at asking, and 45% were sold over asking.
Days on Market for La Costa, CA
How long does it take to sell a home in La Costa, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 19 Days | +64.0% |
Summary: Homes in La Costa had an average of 19 days on market in Apr 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in La Costa are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 40 homes were sold in La Costa; 78% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.