RE/MAX Accord's Market Report
Castro Valley, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Castro Valley, CA
Sat Jan 23 2021
This week the median list price for Castro Valley, CA is $1,279,500 with the market action index hovering around 87. This is less than last month's market action index of 88. Inventory has held steady at or around 8.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $1,279,500 | |
| Per Square Foot | $607 | |
| Days on Market | 39 | |
| Price Decreased | 13% | |
| Price Increased | 25% | |
| Relisted | 0% | |
| Inventory | 8 | |
| Median Rent | $2,900 | |
| Most Expensive | $3,999,999 | |
| Least Expensive | $750,000 | |
| Market Action | 87 | |
| Strong Seller's Market | ||
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,249,499 | 3,604 | 10 - 20 acres | 5 | 5 | 29 | 0 | 0 | 136 |
| $1,387,000 | 2,459 | 8,000 - 10,000 sqft | 4 | 3 | 38 | 1 | 0 | 7 |
| $1,164,975 | 2,056 | 0.25 - 0.5 acre | 4 | 3 | 35 | 2 | 2 | 0 |
| $819,500 | 1,174 | 8,000 - 10,000 sqft | 2 | 1 | 74 | 1 | 1 | 10 |