As for the housing market in Castro Valley particularly on Single Family Residence, the trend is a slow recovery through the years from 2009 to 2013 right after the free fall of the market from 2007 to 2008.
In the good old days of 2001 up until 2005, the housing market in Castro Valley enjoyed a robust median price of $679,500, then fell to $460,000 in 2009 and since that time has been steadily rising up to $570,000 in 2013. Whether or not the housing market in Castro Valley will be able to duplicate or surpass its previous highest median price is something to be seen. The US economy is not at its best yet and surely the housing market is subject to speculation. As a backgrounder,
Castro Valley is in Alameda County, California. As of the 2000 census, it was the fifth most populous unincorporated area in California, and the twenty-third in the United States. Castro Valley is named after Don Guillermo Castro, who was a soldier in the Mexican army and a rancher. Castro Valley was part of the original 28,000 acre (110 km²) land grant given to Castro, called Rancho San Lorenzo. This land grant included Hayward, San Lorenzo, and Castro Valley, including Crow Canyon, Cull Canyon, and Palomares Canyons. Castro had a gambling habit and had to sell off portions of his land to pay gambling debts. The last of his holding was sold in a sheriff's sale in 1864 to Faxon Atherton for $400,000. (Wikipedia)
Interstate 580 near Castro Valley Palomares Hills (East of Castro Valley) toward Palomares Canyon
As of 2010, racial makeup was 58.0% White (49.5% non-Hispanic), 6.9% African American (6.6% non-Hispanic), 0.5% Native American, 21.4% Asian, 0.7% Pacific Islander, 6.1% from other races, and 6.3% from two or more races. 17.4% of the population was Hispanic or Latino of any race. (Wikipedia)
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