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Castro Valley Homes-Real Estate Update Feb, 2014

March 2, 2014 by Mona Koussa Leave a Comment

Castro Valley homes sellers are feeling more confident about the market, they are asking for more money!

The median of for sale Castro Valley homes price was up 19%, with $630,000 average asking price. Today Castro Valley homes sellers are asking an average of $101,000 more than they did last year.

Below are the highlights of Castro Valley homes activity for February, 2014 VS February, 2013:

The median sold price was up 1%, with $511,500 average sale price. Ask us about Castro Valley homes value.

The number of under contract properties was down -13%, 78 listings went pending for the month of February, 2014.

The number of sold properties was up 17%, 28 listings closed escrows.

The number of new properties is down -16%, 38 new listings came on the market for the month.

The number of for sale properties was down -14%, 81 listings were on the market.

The average month supply of inventory was down -3%, there was 1.3 months supply.

The average days on market were up 87%, 34 days of market time.

The median of for sale properties price was up 19%, with $630,000 average asking price, with $101,000 increase from last year.

The number of expired properties stayed the same, 4 listings had expired.

Contact Mona Koussa for full report.

Filed Under: Blog, Castro Valley Market Updates, Castro Valley Real Estate Market Reports Tagged With: Castro Valley Market Updates

About Mona Koussa

A seasoned, expert broker specializing in the East Bay in Northern California. I have an intimate understanding of market trends, and knowledge of neighborhood amenities. I am your neighborhood link to exiting new listings... Read
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Mona Koussa

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510-541-4050 Cell
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