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Hayward Real Estate Market Update

Hayward’s residential real estate market in December of 2005 showed some signs of cooling from a year ago, but remained fairly strong nevertheless. The average home in Hayward listed for $564,552 in December, and sold for $566,929, or 100.4% of list. The median sale price was $549,000.

On a sold price per square foot basis, homes appreciated 16.8% from December, 2004 to December, 2005.

Unit volume was down slightly from last year from 161 to 144. Roughly the same number were listed each hyear (171 versus 174) , but the expired to sold ratio was up this year from 6% in December 2004 to 21% in December of 2005. Days on market were also up slightly, from an average of eighteen days last December to an average of twenty-five this December.

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