Is Castro Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Castro Valley has remained a Seller's Market.
Housing Prices in Castro Valley, CA
How much do homes in Castro Valley, CA cost?
Median Sold Price
$1,150,000
$666/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Castro Valley was $1,150,000 in March 2024, up 4.4% from last year, and the median price per square foot was $666.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $555K | $420K | -24.3% |
2 Bedrooms | $782.5K | $730.5K | -6.6% |
3 Bedrooms | $1.0M | $1.0M | +6.2% |
4 Bedrooms | $1.4M | $1.3M | -3.3% |
5+ Bedrooms | $1.7M | $1.6M | -10.6% |
Summary: Castro Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.3%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Neighborhoods
Castro Valley | $1.1M | $1.1M | +4.4% |
Ashland | $725K | $750K | +3.4% |
Hayward North | $637.2K | $639K | 0.3% |
Housing Supply in Castro Valley, CA
How many homes are available in Castro Valley, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 68 | +21.4% |
Summary: The Castro Valley real estate market had 68 homes for sale in March 2024, a 21.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 24 | 34 | +41.7% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Castro Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Castro Valley in March 2024, up by 25.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 4% were sold at asking, and 72% were sold over asking.
Days on Market for Castro Valley, CA
How long does it take to sell a home in Castro Valley, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 18 Days | -11.2% |
Summary: Homes in Castro Valley had an average of 18 days on market in Mar 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Castro Valley; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.