subject: Hayward Home Market Comparison Report (february 2009 Vs. February 2010) [print this page] We analyze several housing market indicators in order to present an in-depth breakdown of Hayward Home Market comparing February 2009 to February 2010.
Summary of Key Points
Hayward Home for Sale has started showing signs of improvement with median sales price climbing up while at the same time houses are selling faster. Sellers received way over asking price (104%)
Key Statistics, Hayward, CA: Median Sales Price (4.93%), Median Days on Market (-39.02%), and Number of Units Sold (-17.99%), Sales Price to List Price Ratio (Feb 09 99% - Feb 10 104%)
Hayward Homes
The city of Hayward experienced a 4.93% increase in median sales price from last year going up from $281,330 (Feb. 09) to $295,193 (Feb. 2010). Median days on market data for Hayward show that houses are selling faster than Feb 09. It took 52 days in Feb 09 for a house to sell and for Feb 10 that number has gone down to 32 days (a 39.02% improvement). Another important factor to consider is total number of units sold. In the month of Feb 09, 139 units were sold compared to 114 for Feb 10 (-17.99% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Hayward. SP/LP ratio for Feb 09 was 99% compared to 104% for Feb 10.
Lets take a brief look at neighbors San Leandro and Union City. San Leandro Home featured a 2.49% decrease in median sales price ($335,416 Feb 09 - $327,063 Feb 10) and Union City Home saw a 5.36% increase ($387,539 Feb 09 - $408,315 Feb 10). Are houses in San Leandro and Union City selling faster or slower this year? Well, San Leandro experienced a 50.23% decrease (48 to 24 days) in median days on market and Union City a 16.95% increase (23 to 27 days). In the units sold category, San Leandro sold 8 units less (-12.90%) in Feb 2010 than 09 and Union City sold 4 units less (-11.43%) in Feb 2010 than Feb 09.
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