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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Juan Capistrano is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in San Juan Capistrano, CA

How much do homes in San Juan Capistrano, CA cost?

Median Sold Price

$1,297,000

$620/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$47,000(+3.8%)

Key Takeaway

Homes in San Juan Capistrano have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in San Juan Capistrano was $1,297,000 in March 2024, up 3.8% from last year, and the median price per square foot was $620.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $370K$557.5K
+50.7%
2 $717K$725K
+1.1%
3 $980K$975K
-0.5%
4 $1.6M$1.7M
+7.0%
5+ $2.8M$2.6M
-9.5%

Summary: San Juan Capistrano housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.7%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Cities

Dana Point
+4.6%
San Clemente
+4.6%
San Juan Capistrano
+3.8%
Laguna Niguel
+2.5%
Capistrano Beach
-8.7%

Housing Supply in San Juan Capistrano, CA

How many homes are available in San Juan Capistrano, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
106119+12.3%

Summary: The San Juan Capistrano real estate market had 119 homes for sale in March 2024, a 12.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1518
+20.0%
3 3228
-12.5%
4 3135
+12.9%
5+ 2837
+32.1%

Summary: The San Juan Capistrano housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 32.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2033+65.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Juan Capistrano, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in San Juan Capistrano in March 2024, up by 65.0% month-over-month. Of the 33 sold homes, 42% were sold under asking, 18% were sold at asking, and 39% were sold over asking.

Days on Market for San Juan Capistrano, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days17 Days-52.6%

Summary: Homes in San Juan Capistrano had an average of 17 days on market in Mar 2024, down by 52.6% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 33 homes were sold in San Juan Capistrano; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 3% 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 15 Days Ago

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