The Village Realtors Real Estate Market Report

Castro Valley, CA

Single-Family Homes

Tom & Thomy Clements | www.VillageRealtors.com | 510-278-0800



Castro Valley, CA

Wed Sep 26 2018
This week the median list price for Castro Valley, CA is $868,000 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has held steady at or around 59. Click here to stay informed with the Castro Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Wed Sep 26 2018
This week the median list price for Castro Valley, CA is $868,000 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has held steady at or around 59. Click here to stay informed with the Castro Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $868,000
Per Square Foot $512
Days on Market 32
Price Decreased 24%
Price Increased 2%
Relisted 12%
Inventory 59
Median House Rent $3,000
Most Expensive $2,500,000
Least Expensive $169,000
Market Action Index
Strong Seller's Market
65

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,245,000 2,267 0.5 - 1 acre 4 3 43 3 5 41
$940,000 2,000 6,500 - 8,000 sqft 3 2 63 4 2 34
$777,777 1,643 4,500 - 6,500 sqft 3 2 66 0 4 40
$630,000 1,019 4,500 - 6,500 sqft 2 2 70 3 1 14