Jesse Collins

Capitola, CA 95010

Single-Family Homes

The Maverick Group DRE: 02077797


Capitola, CA 95010

Thu Sep 19 2024
This week the median list price for Capitola, CA 95010 is $2,799,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 17. Click here to stay informed with the Capitola market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Capitola, CA 95010

Thu Sep 19 2024
This week the median list price for Capitola, CA 95010 is $2,799,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 17. Click here to stay informed with the Capitola market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Capitola market.
Median List Price $2,799,000
Median Price of New Listings $2,267,000
Per Square Foot $1,750
Average Days on Market 90
Median Days on Market 63
Price Decreased 53%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,449,000 3,441 0.25 - 0.5 acre 4 4.3 26 0 0 119
$3,749,500 1,370 0 - 4,500 sqft 3 2 94 1 0 73
$2,019,000 1,835 4,500 - 6,500 sqft 3 2.3 72 2 1 84
$1,495,000 1,044 0 - 4,500 sqft 2 2 60 1 0 28