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 May 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

$1,313,333

$633/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$111,333(+9.3%)

Key Takeaway

Homes in San Juan Capistrano have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in San Juan Capistrano was $1,313,333 in May 2024, up 9.3% from last year, and the median price per square foot was $633.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $390K$405K
+3.8%
2 $715K$780K
+9.1%
3 $935K$1.0M
+10.2%
4 $1.5M$1.8M
+18.0%
5+ $2.8M$2.8M
-0.9%

Summary: San Juan Capistrano housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 18%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Cities

San Juan Capistrano
+9.3%
Dana Point
+8.4%
Laguna Niguel
+6.8%
San Clemente
+6.6%
Capistrano Beach
-7.4%

Housing Supply in San Juan Capistrano, CA

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
141133-5.7%

Summary: The San Juan Capistrano real estate market had 133 homes for sale in May 2024, a 5.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 1312
-7.7%
3 4140
-2.4%
4 4845
-6.3%
5+ 3735
-5.4%

Summary: The San Juan Capistrano housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 5.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3847+23.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Juan Capistrano, you could pay more than the asking price. 46.8% of homes here sold above asking price last month.

Summary: A total of 47 homes were sold or pending in San Juan Capistrano in May 2024, up by 23.7% month-over-month. Of the 47 sold homes, 36% were sold under asking, 17% were sold at asking, and 47% 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

May 2023May 2024CHANGE
28 Days22 Days-21.1%

Summary: Homes in San Juan Capistrano had an average of 22 days on market in May 2024, down by 21.1% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 May 2024, 47 homes were sold in San Juan Capistrano; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% 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 12 Days Ago

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