Capitola Housing Market Report – July 2026

Here's a look at how the Capitola, CA real estate market performed in July 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 15
  • Median Sale Price: $1,225,000
  • Average Sale Price: $1,189,402
  • Average Price Per Sq Ft: $903
  • Average Days on Market: 87
  • Sale-to-List Price Ratio: 100.2%

Month-Over-Month Trends

Compared to June, the median sale price in Capitola moved 2.1% up (from $1,200,000 to $1,225,000). The number of homes sold was 0.0% down compared to the prior month (15 vs. 15). Average days on market shifted 7.4% up (81 days to 87 days).

Year-Over-Year Comparison

Compared to July 2025, the median sale price is 20.9% down (from $1,548,888 to $1,225,000). Sales volume is 15.4% up year-over-year.

What This Means

Capitola's housing market is showing signs of stabilization after a significant correction over the past year. While the median price of $1,225,000 dipped slightly from June, the year-over-year decline of roughly 21 percent reflects the broader market normalization we've seen across coastal California since 2024. This cooldown from the previous peak suggests prices are finding a more sustainable level, though they remain elevated by historical standards.

What's noteworthy is the subtle shift in buyer behavior. Homes are now taking 87 days to sell on average, up from 81 days last month, and the sale-to-list ratio of 100.2 percent indicates sellers have minimal negotiating power. This is a far cry from the pandemic era when homes flew off the market. The inventory situation—62 active listings with a median asking price slightly below current sales prices—suggests the market is relatively balanced, neither favoring buyers nor sellers dramatically.

The property mix skewing toward single-family homes (9 versus 6 condos) and the steady but modest sales volume suggest Capitola is attracting households seeking more space, a trend consistent with post-pandemic preferences. For buyers, this appears to be a reasonable environment to negotiate, while sellers should expect patience and realistic pricing to move inventory in this more measured market.

Capitola Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
95010 15 $1,225,000 $903 87

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 9 $1,600,000 $1,017
CONDOS 6 $596,500 $731

Sales by Price Range

Price Range Homes Sold
$400K - $499K 2
$500K - $749K 4
$750K+ 9

Current Active Listings

As of this report, there are 62 active listings in Capitola with a median asking price of $1,162,500 and an average of 63 days on market.

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