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Castro Valley Real Estate Market Updates

September 15, 2011 by Mona Koussa Leave a Comment

The median list price in CASTRO VALLEY, CA this week is $462,500.  With Most Expensive Listing $ 2,349,000, and Least Expensive Listing at $ 175,000. Average Age of Listings was 48 years. As of today there are152 Castro Valley MLS properties with market time average of 101 days. Of all properties listed, 23 Listings or 15% are bank owned properties; while 36 listings or 24% are short sale.
Currently there are 107 Castro Valley preforeclosures properties, while 30 are bank owned homes not listed on the MLS yet. Castro Valley home prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. The CASTRO VALLEY market is currently quite strongly in the home buyer Buyer’s Advantage. The 90-day Market Action Index stands at 20.67. With several months of inventory available at the current sales rate, buyers should find ample choice.

Click Here to View Short Sale Homes for sale.
Click Here to View Bank Owned Homes for sale.
Click Here to View Upcoming Bank Owned Homes.


Castro Valley Home Inventory Snapshot

Median Price

Sq. Ft.

Lot Size

Beds

Baths

Age

Inventory

New

Sold

DOM

$ 729,250

2532

0.25 – 0.50 acre

4.0

3.0

24

36

0

3

137

$ 529,000

1858

6,501 8,000 sqft

3.0

2.5

48

37

2

5

110

$ 399,950

1554

4,501 6,500 sqft

3.0

2.0

59

37

6

8

75

$ 299,500

1173

4,501 6,500 sqft

3.0

1.5

62

37

6

2

83


Casto Valley Homes MAI
Casto Valley Homes Median Price
Casto Valley Homes

Filed Under: Blog, Castro Valley Market Updates Tagged With: Castro Valley Homes For Sale, 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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