MarketReport Market Report for the Fremont area January 2023 Copyright by KW Advisors 2023
Jump to Fremont City Report Fremont Jump to Newark Report Newark Jump to Union City Report Union City Fremont area Jump to Milpitas Report Milpitas Jump to Hayward Report Hayward
Castro Valley
Jump to Castro Valley Report
Jump to San Leandro Report
Tri-Cities
San Leandro (Fremont, Newark & Union City)
Jump to Tri-Cities Report
Pleasanton
Jump to Pleasanton Report
San Ramon
Jump to San Ramon Report
Livermore
Jump to Livermore Report
What’syourhome reallyworthin today’smarket?
That's really the question you should be asking yourself
Our market is incredibly diverse, and it's changing rapidly Values vary not just by neighborhood, but by street Your home isn't necessarily worth what your neighbors is At the end of the day, the current market sets the value of your home
So, do you know what your home is worth in today's market?
Contact me for a confidential, no obligation assessment of your home's value.
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WhatAreYourGoals intheHousingMarket ThisYear?
If buying or selling a home is one of your goals for 2023, then it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
Milpitas
What's in the Milpitas data?
Milpitas' single-family housing market saw a decrease to a $1.3 million median sold price. There were 12 units sold and 42 new listings. The condo & townhome market declined month-over-month with 39 new listings and 7 sales totaling approximately $840k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
2 istings 5 s of Inventory $1.3M Median Sale Price 6.7% n Sale vs List 16 12 Sold Listings FH gle Family Homes Avg Days on Market includes all single-family, townhome, and condominium sales in Milpitas, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, and Castro Valley sourced from Broker Metrics. Data from sources deemed may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
39 New Listings 3.1 Months of Inventory $840K Median Sale Price 96.9% Median Sale vs List 19 Avg Days on Market 7 Sold Listings CONDO Condo & Townhomes
ctober2022November2022December2022 ctober2022November2022December2022 NGS
Single Family Homes
The median sales price has decreased, from $1 6m last year's December, to $1 3m this year
Condos & Townhomes
The median sales price has decreased, from $1m last December 2021, to $840k by December 2022
AVGDays OntheMarket
Single Family Homes
The average days on market has increased, from 7 days of the same month last year, to 16 days this year.
Condos & Townhomes
The average days on market has gone down, from last year's December with 29 days, to 19 days this year
Overbids
Single Family Homes
The overbid percentage has decreased, from 110.3% last year's December, to 96.7% this year.
Condos & Townhomes
The overbid percentage decreased, from 106.1% of December 2021, to 96.9% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0% Median
$2,000,000 $1,500,000 $1,000,000 $500,000
SalesPrice
Fremont
What's in the Fremont data?
Fremont's single-family housing market saw a decrease to a $1.4 million median sold price,. There were 44 units sold and 117 new listings. The condo & townhome market inclined month-over-month with 81 new listings and 49 sales totaling approximately $1.1 million. Buyers have remained aggressive with their offer prices remaining at around 100%.
Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
single-family, townhome, and condominium sales in Milpitas, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, sourced from Broker Metrics. Data from sources deemed subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
y $1.4M Median Sale Price % 24 44 Sold Listings ly Homes
Avg Days on Market
81 New Listings 2 Months of Inventory $1.1M Median Sale Price 101.2% Median Sale vs List 40 Avg Days on Market 49 Sold Listings CONDO Condo & Townhomes
ember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 0 0 0 0 0 0 mber2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 Fremont DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS
&
ngle Family Homes st 12 months, year-over-year. ondos
Townhomes st 12 months, year-over-year
Single Family Homes
The median sales price has decreased, from $1 6m in December 2021, to $1 4m in December 2022
Condos & Townhomes
The median sales price has increased, from $830k in December 2021, to $1.1m in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 14 days last December 2021, to 24 days by December 2022.
Condos & Townhomes
The average days on market increased, from 19 days in December 2021, to 40 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 110.9% last December 2021, to 94.9% a year later.
Condos & Townhomes
The overbid percentage decreased, from 104 1% last December 2021, to 101 2% a year later
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000
Median SalesPrice
Newark
What's in the Newark data?
Newark's single-family housing market saw a decrease to a $1.1 million median sold price. There were 16 units sold and 31 new listings. The condo & townhome market inclined month-over-month with 14 new listings and 3 sales, totaling approximately $962k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
31 New Listings 0.9 Months of Inventory $1.1M Median Sale Price 97.1% Median Sale vs List 37 16 Sold Listings SFH Single Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
14 New Listings 1.8 Months of Inventory $962K Median Sale Price 91.5% Median Sale vs List 7 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
er2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 er2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 Newark DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS ngle Family Homes st 12 months, year-over-year. ndos & Townhomes st 12 months, year-over-year
Single Family Homes
The median sales price slightly decreased, from $1 2m in December 2021, to $1 1m in December 2022
Condos & Townhomes
The median sales price has increased, from $656k in December 2021, to $962k in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 13 days last December 2021, to 37 days by December 2022
Condos & Townhomes
The average days on market decreased, from 16 days in December 2021, to 7 days this year
Overbids
Single Family Homes
The overbid percentage has decreased, from 110.5% last December 2021, to 97.1% a year later.
Condos & Townhomes
The overbid percentage has decreased, from 103% last December 2021, to 91 5% a year later
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000
Median SalesPrice
Union City
What's in the Union City data?
Union City's single-family housing market saw a decrease to a $1.2 million median sold price. There were 17 units sold and 32 new listings. The condo & townhome market declined month-over-month with 18 new listings and 8 sales, totaling approximately $523k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
32 ew Listings 0.9 onths of Inventory $1.2M Median Sale Price 98.8% edian Sale vs List 37 17 Sold Listings SFH ingle Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
18 New Listings 1.1 Months of Inventory $523K Median Sale Price 90.4% Median Sale vs List 48 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes
r2022November2022December2022 er2022November2022December2022 GS y y
Single Family Homes
The median sales price has decreased, from $1 4m last December 2021, to $1 2m on December 2022
Condos & Townhomes
The median sales price has decreased, from $602k last December 2021, to $523k on December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market is up from 14 days last December 2021, to 37 days by December 2022.
Condos & Townhomes
The average days on market is up from 41 days last December 2021, to 48 days by December 2022
Overbids
Single Family Homes
The overbid percentage is down from 111.8% last December 2021 to 98.8% a year later.
Condos & Townhomes
The overbid percentage has gone down, from 102 2% last December 2021, to 90.4% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000
Median SalesPrice
What's in the Hayward data?
Hayward's single-family housing market saw a decrease to an $835k median sold price. There were 46 units sold and 137 new listings. The condo & townhome market declined month-over-month with 53 new listings and 16 sales, totaling approximately $605k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
Hayward
Ket sales in Milpitas, Pleasanton, San Ramon, sources deemed reserved. Each
53 New Listings 2.2 Months of Inventory $605K Median Sale Price 94.9% Median Sale vs List 67 Avg Days on Market 16 Sold Listings CONDO Condo & Townhomes
cember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 0 0 0 0 0 ember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 Hayward DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS ingle Family Homes ast 12 months, year-over-year. ondos & Townhomes ast 12 months, year-over-year
Single Family Homes
The median sales price decreased, from $940k in December 2021, to $835k in December 2022
Condos & Townhomes
The median sales price decreased, from $719k in December 2021, to $605k in December2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 21 days last December 2021, to 33 days by December 2022.
Condos & Townhomes
The average days on market increased, from 18 days in December 2021, to 67 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 108.8% last December 2021, to 95.6% a year later.
Condos & Townhomes
The overbid percentage decreased, from 102 2% last December 2021, to 94 9% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,250,000 $1,000,000 $750,000 $500,000 $250,000
Median SalesPrice
Castro Valley
What's in the Castro Valley data?
Castro Valley's single-family housing market saw a decreased to a $1 million median sold price. There were 37 units sold and 64 new listings. The condo & townhome market declined month-over-month with 5 new listings and 3 sales, totaling approximately $650k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of homes being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
s
7 stings
1M Sale Price 3
ys on Market
condominium sales in Milpitas, Tri-Cities, Pleasanton, San Ramon, Metrics. Data from sources deemed © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
5 New Listings 1.5 Months of Inventory $650K Median Sale Price 98.4% Median Sale vs List 116 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 200 150 100 50 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 30 20 10 0 CastroValley DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year
Single Family Homes
The median sales price has decreased, from $1 2m last December 2021, to $1m in December 2022
Condos & Townhomes
The median sales price has decreased, from $900k last December 2021, to $650k in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market is up from 9 days last December 2021, to 33 days by December 2022
Condos & Townhomes
The average days on market is up from 26 days in December 2021, to 116 days in December 2022
Overbids
Single Family Homes
The overbid percentage has decreased, from 109.4% in December 2021, to 97.3% a year later.
Condos & Townhomes
The overbid percentage has gone down from 102% last December 2021 to 98.4% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 $1,500,000
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 125 100 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0% Median SalesPrice
$1,000,000 $500,000
San Leandro
What's in the San Leandro data?
San Leandro's single-family housing market saw a decrease to a $843k median sold price. There were 34 units sold and 74 new listings. The condo & townhome market inclined month-over-month with 20 new listings and 14 sales, totaling approximately $542k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
20 New Listings 2.8 Months of Inventory $542K Median Sale Price 93.3% Median Sale vs List 60 Avg Days on Market 14 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 200 150 100 50 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 60 40 20 0 SanLeandro DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year
Single Family Homes
The median sales price slightly decreased, from $875k in December 2021, to $843k in December 2022
Condos & Townhomes
The median sales price increased, from $534k in December 2021, to $542k in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 17 days last December 2021, to 30 days by December 2022
Condos & Townhomes
The average days on market increased, from 41 days in December 2021, to 60 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 107.8% last December 2021, to 95.9% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 1% last December 2021, to 93 3% a year later
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,250,000 $1,000,000 $750,000 $500,000 $250,000
Median SalesPrice
Tri-Cities
What's in the Tri-Cities data?
Tri-Cities' single-family housing market saw a decrease to a $1.3 million median sold price. There were 77 units sold and 180 new listings. The condo & townhome market inclined month-over-month with 113 new listings and 60 sales, totaling approximately $1.1 million. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of homes purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
Fremont,Newark&UnionCity
180 New Listings 1.2 Months of Inventory $1.3M Median Sale Price 96% Median Sale vs List 30 77 Sold Listings SFH Single Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
113 New Listings 1.8 Months of Inventory $1.1M Median Sale Price 99.7% Median Sale vs List 37 Avg Days on Market 60 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 750 500 250 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 400 300 200 100 0 Tri-Cities DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year
Single Family Homes
The median sales price decreased, from $1.5m in December 2021, to $1.3m in December 2022.
Condos & Townhomes
The median sales price increased, from $803k in December 2021, to $1 1m in December 2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 14 days last December 2021, to 30 days by December 2022.
Condos & Townhomes
The average days on market increased, from 21 days in December 2021, to 37 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 111% last December 2021, to 96% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 7% last December 2021, to 99 7% a year later
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice
Pleasanton
What's in the Pleasanton data?
Pleasanton's single-family housing market saw a decrease to a $1.5 million median sold price. There were 19 units sold and 51 new listings. The condo & townhome market declined month-over-month with 19 new listings and 6 sales, totaling approximately $751k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between pricing range and active options in the marketplace.
entory $1.5M Median Sale Price % s List 45 Avg Days on Market 19 Sold Listings H amily Homes
townhome, and condominium sales in Milpitas, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Valley sourced from Broker Metrics. Data from sources deemed errors and be subject to revision.
2023.
rights reserved.
Owned and Operated.
single-family,
©
All
Each Office Is Independently
DRE# 01345026.
19 New Listings 1.8 Months of Inventory $751K Median Sale Price 94.9% Median Sale vs List 41 Avg Days on Market 6 Sold Listings CONDO Condo & Townhomes
arch2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 anton DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS mes year-over-year. homes year-over-year
Single Family Homes
The median sales price decreased, from $1 7m in December 2021, to $1 5m in December 2022
Condos & Townhomes
The median sales price decreased, from $790k in December 2021, to $751k in December 2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 6 days last December 2021, to 45 days by December 2022.
Condos & Townhomes
The average days on market increased, from 18 days in December 2021, to 41 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 110.5% last December 2021, to 91.2% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 8% last December 2021, to 94.8% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice
San Ramon
What's in the San Ramon data?
San Ramon's single-family housing market saw a decrease to a $1.5 million median sold price. There were 17 units sold and 41 new listings. The condo & townhome market inclined month-over-month with 34 new listings and 4 sales, totaling approximately $1 million. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
41 New Listings 2.2 Months of Inventory $1.5M Median Sale Price 92.5% Median Sale vs List 31 17 Sold Listings SFH Single Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
CONDO Condo & Townhomes 34 New Listings 2.8 Months of Inventory $1M Median Sale Price 95.3% Median Sale vs List 67 Avg Days on Market 4 Sold Listings
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 250 200 150 100 50 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 125 100 75 50 25 0 FOR SALE SOLD LISTINGS SanRamon DECEMBER 2021 - DECEMBER 2022 Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year
Single Family Homes
The median sales price decreased, from $1 7m in December 2021, to $1 5m in December 2022
Condos & Townhomes
The median sales price increased, from $725k in December 2021, to $1m in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 7 days last December 2021, to 31 days by December 2022
Condos & Townhomes
The average days on market increased, from 16 days in December 2021, to 67 days this year
Overbids
Single Family Homes
The overbid percentage decreased, from 112.6% last December 2021, to 92.5% a year later.
Condos & Townhomes
The overbid percentage decreased, from 105 3% last December 2021, to 95 3% a year later
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000
Median SalesPrice
Livermore
What's in the Livermore data?
Livermore's single-family housing market saw a decrease to a $992k median sold price. There were 62 units sold and 99 new listings. The condo & townhome market inclined month-over-month with 22 new listings and 7 sales, totaling approximately $723k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
CONDO Condo & Townhomes 22 New Listings 0.6 Months of Inventory $723K Median Sale Price 93.1% Median Sale vs List 34 Avg Days on Market 7 Sold Listings
May2022 June2022 July2022August2022September2022October2022November2022December2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 SALE SOLD LISTINGS ore DECEMBER 2021 - DECEMBER 2022 er-year. Last 12 months, year over-year
Single Family Homes
The median sales price decreased, from $1m in December 2021, to $992k in December 2022
Condos & Townhomes
The median sales price decreased, from $825k in December 2021, to $723k in December 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased, from 19 days last December 2021, to 38 days by December 2022.
Condos & Townhomes
The average days on market increased, from 10 days in December 2021, to 34 days this year.
Overbids
Single Family Homes
The overbid percentage decreased, from 104.3% last December 2021, to 95% a year later.
Condos & Townhomes
The overbid percentage decreased, from 102.8% last December 2021, to 93.1% a year later.
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 $1,500,000
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
SalesPrice
$1,000,000 $500,000
Median
39465 Paseo Padre Parkway #1500 Fremont CA 94538 KellerWilliamsFremont :
