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Castro Valley & Hayward May Real Estate Market Update - #brokermac
May 05, 2020 at 8:09pm | Mac Rogers
guys it's Mac with Albert Rogers Realty here in Castro Valley CA. Here with your May real estate market update.
The story was practically the same in Alameda County and Contra Costa county.
Inventory down compared to April of last year. Some cities significantly lower than others.
With inventory down, and shelter-in-place orders in place, as you would expect, sales are also down.
The median sales price however is still very strong with home prices still up!
Here's another surprise. Average days on market. Average days on market went down except for Pleasanton. Last year in April it was 17 days. This year its 33 days.
But again the rest of the of the cities in the two counties had shorter days on the market.
Inventory for this April is 33 units.
Last April it was 43.
The number of sold for this April was 29.
last April it was 38.
Median Sales price for this April $969,000.
Last April $921,500.
Average days on the market was 11 compared to 24 last year.
Inventory for this April is 72 units.
Last April it was 127.
The number of sold for this April was 48.
last April it was 91.
Median Sales price for this April $740,000.
Last April $720,000.
Average days on the market was 11 compared to 36 last year.
If you want to know your city please do not hesitate to comment or send me a message,
I Hope you guys found this info useful. If you are thinking of selling please check out my video series on how to sell during this pandemic or reach out to us and we can give you a through market analysis of your property and how the value is being affected
by this coronavirus pandemic.
For the buyers, we have a free resource guide that will help you with your home search.
Thanks and Stay safe and I will see on the next update.