Trang Dunlap Group Market Stats Alameda County

Castro Valley, CA

Single-Family Homes

Intero Real Estate Services



Castro Valley, CA

Wed Oct 09 2024
This week the median list price for Castro Valley, CA is $1,239,500 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 54. Click here to stay informed with the Castro Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Castro Valley, CA

Wed Oct 09 2024
This week the median list price for Castro Valley, CA is $1,239,500 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 54. Click here to stay informed with the Castro Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Castro Valley market.
Median List Price $1,239,500
Median Price of New Listings $1,150,000
Per Square Foot $655
Average Days on Market 47
Median Days on Market 21
Price Decreased 31%
Price Increased 2%
Relisted 17%
Inventory 54
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,799,999 3,194 0.25 - 0.5 acre 4 3 36 4 2 21
$1,499,000 2,143 8,000 - 10,000 sqft 4 3 56 2 2 77
$1,099,500 1,577 4,500 - 6,500 sqft 3 2 70 2 4 38
$894,444 1,197 4,500 - 6,500 sqft 3 1 74 5 7 10