Intero's Market Report

Castro Valley, CA

Single-Family Homes



Castro Valley, CA

Wed Oct 04 2023
This week the median list price for Castro Valley, CA is $1,189,000 with the market action index hovering around 77. This is about the same as last month's market action index of 77. Inventory has increased to 23. 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 started cooling and prices have recently plateaued. Since 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 04 2023
This week the median list price for Castro Valley, CA is $1,189,000 with the market action index hovering around 77. This is about the same as last month's market action index of 77. Inventory has increased to 23. 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 started cooling and prices have recently plateaued. Since 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 $1,189,000
Median Price of New Listings $1,159,499
Per Square Foot $733
Average Days on Market 65
Median Days on Market 14
Price Decreased 17%
Price Increased 4%
Relisted 9%
Inventory 23
Median Rent
Market Action 77
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,725,000 3,977 1 - 2.5 acres 5 4 24 0 0 147
$1,519,000 2,046 8,000 - 10,000 sqft 4 2.5 62 3 3 7
$1,029,000 1,443 4,500 - 6,500 sqft 3 2 68 0 2 17
$856,944 1,325 4,500 - 6,500 sqft 3 2 72 3 1 3