Homes and Real Estate for Sale in Castaic CA
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Castaic Homes Market Update

Single Family Homes Market Update for Castaic, CA


Fri Sep 08 2017 

This week the median list price for Castaic, CA is $598,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 57. Click here to stay informed with the Castaic market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 Today
 Last Month
100051

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI (Market Action Index). If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

 

Real-Time Market Profile

Never miss important changes in the Castaic market.
Median List Price
$598,000
Per Square Foot
$286
Days on Market
85
Price Decreased
39%
Price Increased
5%
Relisted
7%
Inventory
57
Most Expensive   $2,800,000
Least Expensive   $340,000
Market Action Index 
Strong Seller's Market
51
Avg 7-DayAvg 90-DaySep 2014Nov 2014Jan 2015Apr 2015Jun 2015Aug 2015Nov 2015Jan 2016Mar 2016Jun 2016Aug 2016Oct 2016Dec 2016Mar 2017May 2017Jul 2017$400K$450K$500K$550K$600K$650K





The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.


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