East Bay Inventory is increasing. Perfect time to buy a home. Are you looking to be a new homeowner in the East Bay? I can help.
Market Activity Summary
Help-U-Sell Achievers Realty
DRE # 00950378
“The best compliment you can offer is a referral!”
When you’re selling your home in Castro Valley, California, the price you set is a critical factor in the return you’ll receive. That’s why you need a professional evaluation from an experienced Realtor®. Meena Gujral can provide you with an honest assessment of your home, based on several factors, including:
• Market conditions
•Condition of your home
• Repairs or improvements
• Selling timeframe.
In real estate terms, market value is the price at which a particular house, in its current condition, should sell within 30 to 90 days.
If the price of your home is too high, this could cause several things:
• Limits buyers. Potential buyers may not view your home because it appears to be out of their buying range.
• Limits showings. Other salespeople may be more reluctant to view your home.
• Used as leverage. Other Realtors® may use this home to drive the sale of other homes that are better-priced.
• Extended stay on the market. When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what’s wrong,” or “why hasn’t this sold?”
• Lower price. An overpriced home, still on the market beyond the average selling time, could lead to a lower selling price. To sell it, you will have to reduce the price – sometimes several times. In the end, you’ll probably get less than if it had been properly priced in the first place.
• Wasted time and energy. A bank appraisal is most often required to finance a home.
Realtors® have known it for years – well-kept homes in Castro Valley that are properly priced in the beginning always get you the fastest sale for the best price! And that’s why you need a professional to assist you in the selling of your home.
Often, in a seller’s market, homes that are priced slightly below market value initially will sell for more, simply because of the extra interest they incite. This can be a risk, however, and when it comes to such a decision, an experienced, trusted Realtor® is your best ally.
If I can help answer any questions or provide you with a free market analysis on your home, you can call me (Meena Gujral) at 510-279-9580. To see all the homes I have sold in Five Canyons, Palomares Hills and other areas of Castro Valley California, go to
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.
Help-U-Sell Achievers Realty
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
To see all my virtual tours click:
Help-U-Sell Achievers Realty
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.