Castaic, California, is an inviting community nestled amid the picturesque landscapes of the Santa Clarita Valley. If you’re contemplating a move here, you’ll discover a town that offers a perfect balance between natural beauty and modern convenience. With its stunning vistas of Castaic Lake and proximity to the Angeles National Forest, outdoor enthusiasts will thrive here.
Market Update 11/2023
As trusted local experts in the Castaic, CA real estate market, Steve Portaro & Nicole Stinson are committed to providing you with the most up-to-date market trends and insights.
Over the past 12 months, the real estate market in Castaic has seen sustained growth, with approximately 120 properties sold. This vibrant activity demonstrated the robust health of our market. Reflecting this vitality, the average sales price increased to $690,000, indicating a largely positive trend for home sellers in this locale.
Assessing the past 6 months, we witnessed 65 substantial transactions, meaning Castaic remains a sought-after, active market. The average sales price followed the broader pattern, rising to the promising figure of $699,000, denoting enduring buyer interest and resilient market strength.
Data from the most recent quarter revealed 30 speedy sales, with homes spending an average of just 40 days on the market before being bought. This swift turnover rate is a clear testament to the strong demand for Castaic homes and the dynamic nature of the local market.
Whether you’re considering buying or selling property, these market trends have a direct impact on your real estate journey. Our team is dedicated to providing personalized service which recognizes and meets your unique needs and goals.
For a more detailed understanding or to discuss what these market indicators mean for you, don’t hesitate to contact us anytime at [email protected] or reach us at (661) 816-4234.