10/01/08 - 12/31/08

Privately Owned Homes (Under 2,000 sq. ft.*)

City # Sold Average
List Price
Average
Sales Price
Average
Over/Under
List Price
Berkeley 77
$633,919
$638,566
$4,647
Oakland 229
$460,496
$450,120
$10,376
Alameda 66
$550,134
$540,148
$9,986
San Leandro 86
$378,198
$367,474
$10,724
Castro Valley 48
$478,503
$464,762
$13,741
Hayward 115
$315,234
$308,633
$6,601

REO (Bank Owned) Homes (Under 2,000 sq. ft.*)

City # Sold Average
List Price
Average
Sales Price
Average
Over/Under
List Price
Berkeley 11
$420,913
$429,550
$8,637
Oakland 450
$170,759
$168,379
$2,380
Alameda 10
$392,472
$401,450
$8,978
San Leandro 139
$304,226
$309,292
$5,066
Castro Valley 27
$373,755
$363,973
$9,782
Hayward 365
$246,380
$250,448
$4,068

04/01/2008 - 06/30/2008

Privately Owned Homes (Under 2,000 sq. ft.*)

City # Sold Average List Price Average Sales Price Average Below List Price
Oakland 338
$563,391
$559,786
$3,605
San Leandro 90
$424,709
$409,560
$15,149
Castro Valley 65
$512,669
$496,959
$15,710
Hayward 64
$392,923
$377,178
$15,745

REO (Bank Owned) Homes (Under 2,000 sq. ft.)

City # Sold Average List Price Average Sales Price Average Below List Price
Oakland 168
$249,907
$242,688
$7,219
San Leandro 78
$346,050
$344,697
$1,353
Castro Valley 13
$443,084
$434,538
$8,546
Hayward 151
$324,545
$314,543
$10,002


* I used homes under 2,000 sq. ft. to reduce the impact of high-end homes on the statistics. They skew the average sales price for privately owned homes upwards. For example, without these criteria, the average sales price in Oakland was $676,309.