Foreclosure Homes in Capitola, CA

Current Market Conditions in Capitola, CA

Capitola's real estate market has been witnessing significant growth over the past year. Demand for homes in this beach community has surged due to the rising interest in coastal living, driven partly by remote work opportunities. As a result, home prices have continued to climb, with a notable increase in both sales volume and property values. The market is characterized by low inventory levels, making it competitive for buyers, particularly those looking for vacation homes or primary residences in this idyllic location.

In recent months, there has been a shift in buyer preferences, with many opting for single-family homes over condos, reflecting an increased desire for more space as families adapt to evolving work-from-home norms. This trend has further fueled demand, pushing average prices upward.

Rent Prices In Capitola, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Capitola, CA, is on a rollercoaster ride. The average rent price in Capitola, CA, is $3,069.00. Indeed, when looking to rent in Capitola, CA, you can expect to pay as little as $1,540.00 or as much as $6,060.00, with the average rent median estimated to be $2,970.00. The good news is that finding an affordable and desirable property to rent in Capitola, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.