Intero's Market Report

Castro Valley, CA

Single-Family Homes



Castro Valley, CA

Sat Dec 03 2022
This week the median list price for Castro Valley, CA is $1,254,450 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 42. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Castro Valley, CA

Sat Dec 03 2022
This week the median list price for Castro Valley, CA is $1,254,450 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 42. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Castro Valley market.
Median List Price $1,254,450
Median Price of New Listings $1,127,450
Per Square Foot $695
Average Days on Market 68
Median Days on Market 35
Price Decreased 55%
Price Increased 2%
Relisted 10%
Inventory 42
Median Rent
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,948,800 3,656 1 - 2.5 acres 4 3.5 48 1 1 87
$1,497,450 2,118 8,000 - 10,000 sqft 4 3 59 1 3 52
$995,000 1,624 4,500 - 6,500 sqft 3 2 70 2 4 42
$799,000 1,080 4,500 - 6,500 sqft 3 1 74 2 2 21