Castro Valley Real Estate Market Extends Downward Trend in Contracts

Sales fell to 55 homes sold in the Castro Valley market over the last 30 days. Furthermore, a determined downturn in the number of pending transactions continued, with 12 completed in the same period. Potential buyers should note that prices are coming down in Castro Valley, and for this period the median sales price slid from $680,000 to $665,000.

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Demographic facts about Castro Valley:

  • This area has a median house value of $426,700.
  • This area usually gets 65 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.6%.
  • The students per teacher ratio in this area is 22.4:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

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BHG Mason McDuffie Real Estate
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