Intero's Market Report

Castro Valley, CA 94552

Single-Family Homes


Castro Valley, CA 94552

Thu Sep 21 2023
This week the median list price for Castro Valley, CA 94552 is $1,949,000 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has increased to 11. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Castro Valley, CA 94552

Thu Sep 21 2023
This week the median list price for Castro Valley, CA 94552 is $1,949,000 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has increased to 11. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Castro Valley market.
Median List Price $1,949,000
Median Price of New Listings $1,368,500
Per Square Foot $775
Average Days on Market 102
Median Days on Market 35
Price Decreased 18%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 51
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,249,999 5,481 0.5 - 1 acre 4 4.8 24 0 0 213
$2,949,000 3,189 5 - 10 acres 5 4 45 0 0 133
$1,695,000 1,901 8,000 - 10,000 sqft 4 3 60 2 1 35
$1,149,000 1,449 0 - 4,500 sqft 3 3 37 2 2 0