Capay, CA

Capay is a small town located in the San Joaquin Valley of California. The population was just over 2,000 in 2010. Capay is known for its agricultural production, and it has been a center of agriculture since the 1800s. The town's economy has been based on agriculture and related businesses for many years, but there has been a recent trend of real estate development in Capay.

The first phase of real estate development in Capay took place in the early 2000s when several single-family homes were built. This was followed by a more significant phase of development starting in 2007 when several multi-family homes were constructed. In 2010, there were approximately 20 new residential units under construction or planned in Capay.

The majority of the housing stock in Capay is made up of single-family homes, but there are also a few multi-family units available for purchase. The average price for a single-family home in Capay is around $200,000 while the average price for a multi-family unit is around $250,000. There are also some condominium units available for purchase in Capay at an average price of $225,000.

The primary source of income for residents of Capay comes from agriculture and related businesses, but there has been a recent trend towards real estate development as this sector continues to decline nationally. There are currently no major commercial developments planned or under construction in Capay, but this may change as developers look to capitalize on the growing demand for housing within the town limits.