Market Activity Summary
Meena Gujral
Achievers Realty
Help-U-Sell Achievers Realty
925-425-9491
DRE # 00950378
“The best compliment you can offer is a referral!”
I will give you an example of how much the prices have dropped in 2 years in Five Canyons. The example I am giving is the floor plan close to my heart since it was my own home.
I sold my house in Five Canyons for 1,125,000 on 2/1/2007. It was a 2,992 sq ft home.
On 5/5/2008 the same floor plan sold for $925,000.
On 5/16/2009 the same 2,992 plan sold for $730,000. This home was not the best location since it was closer to the power lines which is not desirable. It was also a foreclosure property.
There is a home currently listed in that sq footage for $845,000.
I hope that gives you a pretty good idea of what has been going on in Five Canyons. The prices in Five Canyons are now starting to go back up and if you are looking to buy, now is a great time since I don’t see them going down anymore.
The schools in Castro Valley are excellent, and the homes in Five Canyons are beautiful. There is a new Montissori school in Five Canyons which is also very good. The area is centrally located with easy access to major freeways like 580, 92 and 880.
To see all the homes I have sold in Five Canyons and Palomares Hills click on the link below:
Homes sold by Meena in Castro Valley, California
If I can show you any homes in Five Canyons or Palomares Hills (another great area with awesome Jensen Ranch school), please let me know at 510-279-9580.
Meena Gujral
Help-U-Sell Achievers Realty
510-279-9580
Palomares Hills and Five Canyons are both excellent areas of Castro Valley and are very desirable because of the best Elementary schools and the upscale homes.
By the way, if you have signed up to receive a free list homes for sale in Five Canyons or Palomares Hills yet, you can do that here: List of Homes For Sale
Palomares Hills was built by Shapel. There are homes in Palomares Hills that range from 22 years in age to as new as 9 years and consist of Single Family homes, Duets and Townhouses. There are some beautiful view homes and it is an exclusive area with Villareal as the main road leading into the area.
Palomares Hills is close to highway 580 and is an easy drive to the Pleasanton Stoneridge shopping Mall. The Elementary school is Jensen Ranch and as mentioned earlier it is a top rated award winning school.
Five Canyons was built by Centex. These are newer than Palomares Hills and range from 14 years to the newest being 8 year old. There are 5 developments in Five Canyons that have all Single Family Homes. They are Gold Creek, Canyon Oaks, Abbeywood, Whispering Oaks and Creekside. There is another development in Five Canyons that consist of townhouse and that area is called Wildwood.
A new Montessori school was built next to the Wildwood development. The elementary school for Five Canyons is Independent School which is also excellent.
Five Canyons is close to Mission, Highway 880, 92 and 580. As of today August 28, 2009, there are 11 homes in Five Canyons and Palomares Hills ranging from $459,000-$927,000.
If there is anything you need to know about Five Canyons, Palomares Hills, Castro Valley Schools or Castro Valley in general, you can reach me at 510-279-9580. You can also go to my website at: http://www.helpusellachievers.com
Meena Gujral
Help-U-Sell Achievers Realty 510-279-9580
As per the statistics from the Bay East Association of Realtors, Days on Market (DOM) for the Castro Valley area year to-date is around 96. The median single family home price in Castro Valley for June was $435,000. As of the last day of June there were 102 active homes in Castro Valley. At current selling rates this means there is approximately 2 months of inventory in Castro Valley remaining.
As you can see just from the last 3 months below, inventory is getting low and prices are on the rise.
Average Price Active Properties
March $450,258 137
April $505,030 125
May $507,597 111
June $505,362 102
The market is changing from a buyer’s market to once again a seller’s market. I am finding multiple offers in many areas in the East Bay especially in Castro Valley, California.
I just sold a home in Palomares Hills, Castro Valley. As per the seller’s agent he had 3 offers, and thankfully our offer was accepted. In Five Canyons , Castro Valley I ran into the same situation. The home there too sold over asking price. I now have an investor who wanted to see a house that just came on the market in Castro Valley. I had to give him the disappointing news that they already have 4 offers over asking price out of which 2 are all cash offers.
If there is anything you need to know about Five Canyons, Palomares Hills, Castro Valley Schools or homes for sale in Castro Valley California, you can reach me at 510-279-9580. You can also go to my website at http://www.helpusellachievers.com
Homes listed and sold by Meena in Castro Valley
To see all my virtual tours click:
Meena Gujral
Help-U-Sell Achievers Realty
510-279-9580
As per the Bay East Association of Realtors, days on Market (DOM) for the Castro Valley area year-to-date is around 96. The median single family home price in Castro Valley for April was $480,000. As of the last day of April there were 125 active homes in Castro Valley. At current selling rates this means there is approximately 3 months of inventory in Castro Valley remaining. For a list of Castro Valley Homes for sale, Real Estate listings, California Real Estate go to http://www.helpusellachievers.com or contact Meena at 510-279-9580.