Home sales in June

As per the Bay East Association of Realtors, Days on Market (DOM) for the Castro Valley area year-to-date is around 55. The median detached home price in Castro Valley for June was $495,000. As of the last day of June there were 131 active homes in Castro Valley. At current selling rates this means there is approximately 3 months of inventory in Castro Valley remaining.

As of July 21, 2010 there were thirteen homes in Palomares Hills listed in a price range of $399,950-1,537,000.  Four homes are townhouses and Duets and nine homes are Single Family Homes.

There are ten properties currently listed in Five Canyons, Castro Valley with seven Single Family homes and three condos in the price range of $398,000-949,000.

There are 168 listings currently for sale in Castro Valley California. The price range is $116,100-$3,199,000

Castro Valley Statistics Active Pending Sold Months Supply
Jun 09 102 53 29 2.1 
Jul 09 108 49 45 2.2
Aug 09 100 52 44 2.0
Sep 09 107 48 38 2.1
Oct 09 103 47 30 2.1
Nov 09 78 51 26 .16
Dec 09 75 41 42 1.6
Jan 10 77 35 23 1.8
Feb 10 95 41 26 2.3
Mar 10 124 49 36 3.0
Apr 10 105 61 31 2.3
May 10 129 49 49 2.6
Jun 10 131 47 45 2.5

 

As per the California Association of Realtors, first time home buyers increased for the second year due to housing affordability and the first time home buyer credit.

The tax credit was the primary reason for those buyers who may not have had enough down payment and the tax credit helped to cover the difference.

Generally speaking, distressed properties and short sales sell for a lot less than the regular properties and with such an abundance of distressed properties on the market, first time home buyers affordability increased.

I specialize in Five Canyons and Palomares Hills. If you are looking for a list of Castro Valley Homes for sale, or sell your home in Castro Valley for a flat fee and save thousands of dollars, please call Meena Gujral at 925-425-9491 or go to my website:

http://www.helpusellachievers.com

Homes sold by Meena in Castro Valley, California

To see my other Real Estate Blogs click:

Mission San Jose Fremont Blog

Fremont Homes Blog

To see virtual Tours on all my listings click on the link:

My Virtual Tours

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I have heard that Palomares Hills and Five Canyons are good areas in Castro Valley. Can you tell me more?

Five Canyons home on Crestfield Dr

Palomares Hills TownhomePalomares 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

Five Canyons homes and high-voltage power lines location, concerns?

I lived in Five Canyons for 6 years in Whispering Oaks on Crestfield Dr. Our house was built in the last phase by Centex. I have been selling homes in Five Canyons and Palomares Hills for a long time.

Homes sold by Meena in Castro Valley, California

There are some homes in Abbeywood, Creekside and Whispering Oaks that are close to the power lines and will sell for less than the homes away from the power lines. As far as real health issues, there has been a lot of research that has been done but there is no for sure answer.

If I have a listing close to the power lines, it will take a lot longer to sell than on the other side. Buyers strongly believe that they are not good for their health. I have a huge package of research documents by PG&E on power lines and if you would like to have a copy, please call me at 510-279-9580.

At this time I have a beautiful house listed at 25558 Crestfield Dr in whispering oaks development of Five Canyons. It is not close to the power lines and is the largest floor plan(3,526 sq ft). It is listed for $949,999. We just reduced it today by $200K from the original listed price of $1,150,000.

Here is the link to the virtual tour on this property:
http://www.tourfactory.com/406040

You can also go to my Castro Valley Real Estate blog for more information about Five Canyons:
https://castrovalleyhomes.wordpress.com/

I would love to help you find a home in Five Canyons Castro Valley since it is the area I specialize in. For homes for sale in Castro Valley or real Estate property listings, please call me at 510-279-9580

Meena Gujral
Help-U-Sell Achievers Realty
510-279-9580