Community Corner

Median Home Price Up in One Castro Valley Zip Code

As the Bay Area housing market recovers, 73 houses sold in Castro Valley in October.

Sales of foreclosed homes continue to drop as a percentage of overall volume as the Bay Area housing market recovers from its collapse five years ago. In November, the Bay Area recorded the most home sales for that month in six years. 

The familiar trinity of cheap money, high demand and tight supply is driving the market, according to the San Francisco Chronicle. The median Bay Area sale price in November was $438,000, up 20 percent over 2011.

Foreclosure resales represented slightly more than 10 percent of the market, compared to 25 percent a year ago and 52 percent in 2009. 

Find out what's happening in Castro Valleywith free, real-time updates from Patch.

Here are October sales for Castro Valley. 

Oct. 2012 Home Sales, Castro Valley Community Zip Code Number Sold Percent Change over Oct. 2011 Median Sale Price Percent Change over Oct. 2011 Highest Price Price per square foot Percent Change over Oct. 2011 Castro Valley 94546 55 44.7% $405,000 28.4% $1030000 $249 -0.8% Castro Valley 94552 18 20% $550,000 -6.5% $815000 $298 9.5% Source: DQ News

Find out what's happening in Castro Valleywith free, real-time updates from Patch.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here