Condo/Townhomes: Capitola CA Market Report for the Week of August 20, 2012

Capitola CA Market Report | The median list price in CAPITOLA, CA 95010 this week is $329,000.

Capitola Townhouse and Condo inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Supply and Demand

Capitola home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.

Price

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

Click Here to download the full Capitola CA market report.

For more information regarding luxury homes in Capitola, CA, contact Hyko Roppel.

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