$10,000 Closing Credit*
$1,100,000
1,312 SqFt
3 Beds
•2 Full Baths
Michael Garcia, Listing Office: eXp Realty of California
Is Castro Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Castro Valley has remained a Seller's Market.
Key Takeaway
Castro Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Castro Valley, CA
How much do homes in Castro Valley, CA cost?
Median Sold Price
$1,149,833
$706/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,166(+3.9%)
Key Takeaway
Homes in Castro Valley have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Castro Valley was $1,149,833 in November 2024, up 3.9% from last year, and the median price per square foot was $706.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $475K | $515K | +8.4% |
| 2 Bedrooms | $785K | $750K | -4.5% |
| 3 Bedrooms | $1.0M | $1.1M | +9.8% |
| 4 Bedrooms | $1.3M | $1.4M | +3.4% |
| 5+ Bedrooms | $1.6M | $1.6M | +1.4% |
Summary: Castro Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Castro Valley | $1.1M | $1.1M | +3.9% |
| Hayward North | $638K | $654.5K | +2.6% |
| Ashland | $727.5K | $742.5K | +2.1% |
Housing Supply in Castro Valley, CA
How many homes are available in Castro Valley, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 92 | -22.0% |
Summary: The Castro Valley real estate market had 92 homes for sale in November 2024, a 22.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 55 | 37 | -32.7% |
| 4 Bedrooms | 40 | 31 | -22.5% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Castro Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 32.7%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 33 | -29.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Castro Valley, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Castro Valley in November 2024, down by 29.8% month-over-month. Of the 30 sold homes, 27% were sold under asking, 3% were sold at asking, and 70% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 22 Days | +81.4% |
Summary: Homes in Castro Valley had an average of 22 days on market in Nov 2024, up by 81.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Castro Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in Castro Valley; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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