Castro Valley Annual Real Estate Market Trends

Castro Valley
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
2011 $459,220 $435,000 417 58 97.8%      
2012 $480,098 $460,000 550 42 100.0% 4.5% 5.7% 31.9%
2013 $596,536 $575,000 487 24 102.9% 24.3% 25.0% -11.5%
2014 $649,203 $625,000 450 27 101.4% 8.8% 8.7% -7.6%
2015 $719,631 $685,000 525 22 103.5% 10.8% 9.6% 16.7%
2016 $764,032 $749,500 434 28 102.0% 6.2% 9.4% -17.3%
2017 $842,021 $819,000 501 23 103.2% 10.2% 9.3% 15.4%
2018 $917,543 $870,000 447 20 103.8% 9.0% 6.2% -10.8%
2019 $923,284 $872,000 461 25 101.2% 0.6% 0.2% 3.1%
2020 $1,012,472 $970,000 462 20 105.4% 9.7% 11.2% 0.2%
2021 $1,257,813 $1,210,000 517 13 111.1% 24.2% 24.7% 11.9%
2022 $1,302,254 $1,250,000 384 19 107.0% 3.5% 3.3% -25.7%
2023 $1,246,512 $1,217,500 304 24 103.3% -4.3% -2.6% -20.8%

Castro Valley
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
2011 $307,525 $274,000 59 65 97.8%      
2012 $316,665 $330,000 75 61 100.5% 3.0% 20.4% 27.1%
2013 $432,494 $422,500 54 17 106.1% 36.6% 28.0% -28.0%
2014 $461,106 $440,000 70 32 101.0% 6.6% 4.1% 29.6%
2015 $505,007 $459,000 74 23 102.6% 9.5% 4.3% 5.7%
2016 $540,433 $539,000 93 21 102.3% 7.0% 17.4% 25.7%
2017 $586,343 $565,000 75 19 102.7% 8.5% 4.8% -19.4%
2018 $597,506 $570,000 63 16 104.7% 1.9% 0.9% -16.0%
2019 $683,852 $690,000 97 28 101.4% 14.5% 21.1% 54.0%
2020 $677,283 $663,000 83 36 101.6% -1.0% -3.9% -14.4%
2021 $777,490 $764,000 78 16 106.9% 14.8% 15.2% -6.0%
2022 $879,486 $835,000 63 19 105.0% 13.1% 9.3% -19.2%
2023 $885,839 $839,000 38 28 102.5% 0.7% 0.5% -39.7%

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DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.