Market report for East Bay area January 2023

Page 1

MarketReport Market Report for the East Bay area January 2023 Copyright by KW Advisors 2023

East Bay area

Alameda

Jump to Alameda Report

Albany

Jump to Albany Report

Berkeley

Jump to Berkeley Report

Castro Valley

Jump to Castro Valley Report

Contra Costa

Jump to Contra Costa Report

El Cerrito

Jump to El Cerrito Report

El Sobrante

Jump to El Sobrante Report

Emeryville

Jump to Emeryville Report

Fremont

Jump to Fremont Report

Hayward

Jump to Hayward Report

Lafayette

Jump to Lafayette Report

Moraga

Jump to Moraga Report

Newark

Jump to Newark Report

Oakland

Jump to Oakland Report

Orinda

Jump to Orinda Report

Piedmont

Jump to Piedmont Report

Pleasanton

Jump to Pleasanton Report

Richmond

Jump to Richmond Report

San Leandro

Jump to San Leandro Report

San Lorenzo

Jump to San Lorenzo Report

San Pablo

Jump to San Pablo Report

Union City

Jump to Union City Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself

Our market is incredibly diverse, and it changes rapidly Values may vary, not just by neighborhood, but by street Your home isn't necessarily worth what your neighbors are 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.

Icanhelp...

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.

Alameda

What's in the Alameda data?

Alameda's single-family housing market saw an increase to a $1.3 million median sold price. There were 20 units sold and 37 new listings. The condo & townhome market declined month-over-month with 32 new listings and 13 sales, totaling approximately $830k. Buyers have remained aggressive with their offer prices continuing at around 100%. Due 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.

Is Independently Owned and Operated. DRE#02029039.

32 New Listings 1.1 Months of Inventory $830K Median Sale Price 100.7% Median Sale vs List 16 Avg Days on Market 13 Sold Listings CONDO Condo & Townhomes
2022September2022October2022November2022December2022 2022September2022October2022November2022December2022 LISTINGS y y

Single Family Homes

The median sales price has increased, from $1.2m last December 2021, to $1.3m in December 2022.

Condos & Townhomes

The median sales price has decreased, from $904k last December 2021, to $830k in December 2022.

AVGDays OntheMarket

Single Family Homes

The average days on market is up from 17 days last December 2021 to 38 days in December 2022

Condos & Townhomes

The average days on market was up from 21 days in December 2021 is 21 to 16 days in December 2022

Overbids

Single Family Homes

The overbid percentage has decreased, from 121 2% last December 2021 to 103% a year later

Condos & Townhomes

The overbid percentage has decreased, from 106.5% last December 2021, to 100.7% a year later.

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice

Albany

What's in the Albany data?

Albany's single-family housing market saw a decrease to a $1.3 million median sold price. There were 4 units sold and 4 new listings. The condo & townhome market inclined month-over-month with 21 new listings and 4 sales, totaling approximately $940k. Buyers have remained aggressive with their offer prices continuing 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office

M
21 New Listings 0.8 Months of Inventory $940K Median Sale Price 100.6% Median Sale vs List 26 Avg Days on Market 4 Sold Listings CONDO Condo & Townhomes
y y

Single Family Homes

The median sales price has decreased, from $1 5m last December 2021, to $1 3m in December 2022

Condos & Townhomes

The median sales price has increased, from $872k last December 2021, to $940k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on the market is up, from 14 days last December 2021, to 26 days in December 2022

Condos & Townhomes

The average days on market is down, from 43 days last December 2021, to 26 days in December 2022

Overbids

Single Family Homes

The overbid percentage has decreased, from 135.3% last December 2021, to 125% a year later

Condos & Townhomes

The overbid percentage has gone down, from 111.6% last December 2021, to 100.6% a year later.

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 100 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice

Berkeley

What's in the Berkeley data?

Berkley's single-family housing market saw a decrease to a $1.3 million median sold price. There were 27 units sold and 61 new listings. The condo & townhome market inclined month-over-month with 13 new listings and 3 sales, totaling approximately $795k. Buyers have remained aggressive with their offer prices continuing 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.

61 New Listings 0.8 Months of Inventory $1.3M Median Sale Price 108.7% Median Sale vs List 46 27 Sold Listings SFH Single Family Homes
includes all single family, townhome, and condominium sales
Castro Valley,
Emeryville, Fremont,
and
Days
Market
Data
in Alameda, Albany, Berkeley,
El Cerrito, El Sobrante,
Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo
Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039. Avg
on
13 New Listings 2 Months of Inventory $795K Median Sale Price 104.1% Median Sale vs List 22 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 250 200 150 100 50 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 Berkeley 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 5m last December 2021, to $1 3m in December 2022

Condos & Townhomes

The median sales price has increased, from $700k last December 2021, to $795k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up, from 26 days last December 2021, to 46 days in December 2022

Condos & Townhomes

The average days on market is down from 46 days last December 2021, to 22 days in December 2022

Overbids

Single Family Homes

The overbid percentage has decreased, from 121 6% last December 2021, to 108 7% a year later

Condos & Townhomes

The overbid percentage has gone down, from 110 3% last December 2021, to 104 1% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000
Median SalesPrice

Castro Valley

What's in the Castro Valley data?

Castro Valley's single-family housing market saw a decrease to a $1 million median sold price. There were 37 units sold and an increase at 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 continuing at around 100%. Due to only 6% of homes being completed, the market has seen a decrease in supply. Combine these factor 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.

64 New Listings 0.8 Months of Inventory $1M Median Sale Price 97.3% Median Sale vs List 33 Avg Days on Market 37 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. ©
rights reserved. Each Office Is Independently Owned and Operated.
2023. All
DRE#02029039.
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
tember2022October2022November2022December2022 tember2022October2022November2022December2022 ISTINGS y y y

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 in December 2022

Condos & Townhomes

The average days on market is up, from 26 days last December 2021, to 116 days in December 2022

Overbids

Single Family Homes

The overbid percentage has decreased, from 109 4% last 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
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 125 100 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,500,000 $1,000,000 $500,000
Median SalesPrice

Contra Costa

What's in the Contra Costa data?

Contra Costa's single-family housing market saw a decrease to a $769k median sold price. There were 540 units sold and 283 new listings. The condo & townhome market inclined month-over-month with 87 new listings, and 137 sales totaling approximately $537k. Buyers have remained aggressive with average 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.

283 New Listings 1 Months of Inventory $769K Median Sale Price 98.8%
Sale vs List 42 540 Sold Listings SFH Single Family Homes
Market
Median
Avg Days on
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2021 to December 2022. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.
87 New Listings 0.9 Months of Inventory $537K Median Sale Price 99.3% Median Sale vs List 44 Avg Days on Market 137 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 3,000 2,000 1000 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 750 500 250 0 FOR SALE SOLD LISTINGS ContraCosta 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 has decreased from $825k of last year's December, to $769k this year

Condos & Townhomes

The median sales price has increased from $529k last December 2021 to $537k by December 2022.

AVGDays OntheMarket

Single Family Homes

The average time spent on market has increased from 19 days last December to 42 days a year later.

Condos & Townhomes

The average time spent on market has increased from 23 days last December to 44 days a year later

Overbids

Single Family Homes

The overbid percentage has decreased from 104% of last year's December , to 98.8% this year.

Condos & Townhomes

The overbid percentage has decreased from 101 2% of last year's December , to 99 3% this year

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0
Median SalesPrice

ElCerrito

What's in the El Cerrito data?

El Cerrito's single-family housing market saw a decrease to a $1 million median sold price. There were 14 units sold and 25 new listings. The condo & townhome market inclined month-over-month with 6 new listings and 1 sale, totaling $680k. Buyers have remained aggressive with their offer prices continuing 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.

6 New Listings 0 Months of Inventory $680K Median Sale Price 93.8% Median Sale vs List 0 Avg Days on Market 1 Sold Listings CONDO Condo & Townhomes
June2022 July2022August2022September2022October2022November2022December2022 June2022 July2022August2022September2022October2022November2022December2022 o DECEMBER 2021 - DECEMBER 2022 LE SOLD LISTINGS year. y year

Single Family Homes

The median sales price has decreased, from $1 1m last December 2021, to $1m in December 2022

Condos & Townhomes

The median sales price has increased, from $534k last December 2021, to $680k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up from 35 days last December 2021, to 51 days in December 2022

Condos & Townhomes

The average days on market have remained at 0 since December 2021

Overbids

Single Family Homes

The overbid percentage has decreased, from 120 5% last December 2021, to 104 8% a year later

Condos & Townhomes

The overbid percentage has decreased, from 108 4% last December 2021, to 93 8% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 200 150 100 50 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
$1,500,000 $1,000,000 $500,000 $0
Median SalesPrice

El Sobrante

What's in the El Sobrante data?

El Sobrante's single-family housing market saw a decrease to a $740k median sold price. There were 7 units sold and 19 new listings. The condo & townhome market has no changes month-over-month with 0 new listings and 0 sales, totaling $0. Buyers have remained aggressive with their offer prices continuing 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.

Is Independently Owned and Operated. DRE#02029039.

4 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
cember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 0 0 0 0 cember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 8 6 4 2 0 ElSobrante DECEMBER 2021 - DECEMBER 2022 FOR SALE SOLD LISTINGS ngle Family Homes ast 12 months, year-over-year. ondos & Townhomes ast 12 months, year-over-year

Single Family Homes

The median sales price has decreased, from $820k last December 2021, to $740k in December 2022

Condos & Townhomes

The median sales price has remained the same, from $0 last December 2021, to $0 in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up, from 16 days last December 2021, to 34 days in December 2022

Condos & Townhomes

The average days on market is down, from 20 days last December 2021, to 0 days in December 2022

Overbids

Single Family Homes

The overbid percentage has decreased, from 109 3% last December 2021, to 94 9% a year later

Condos & Townhomes

The overbid percentage has remains the same from 0% last December 2021 to 0% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 50 40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0
Median SalesPrice

Emeryville

What's in the Emeryville data?

Emeryville's single-family housing market saw a decrease to a $0 median sold price. There were 0 units sold and 3 new listings. The condo & townhome market declined month-over-month with 36 new listings and 8 sales, totaling $480k. Buyers have remained aggressive with their offer prices continuing 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.

36 New Listings 1.1 Months of Inventory $480K Median Sale Price 97.4% Median Sale vs List 61 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes
mber2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 mber2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 FOR SALE SOLD LISTINGS Emeryville DECEMBER 2021 - DECEMBER 2022 ngle Family Homes st 12 months, year-over-year. ndos & Townhomes st 12 months,
year-over-year

Single Family Homes

The median sales price has decreased, from $940k December 2021, to $0 in December 2022

Condos & Townhomes

The median sales price has decreased, from $640k last December 2021, to $480k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market has remained at 0 days since last December 2021

Condos & Townhomes

The average days on market is up, from 35 days last December 2021, to 61 days by December 2022.

Overbids

Single Family Homes

The overbid percentage has decreased, from 125 5% last December 2021, to 0% a year later

Condos & Townhomes

The overbid percentage has gone down, from 104 8% last December 2021, to 97 4% a year later

December2021January2022February2022March2022April2022May2022June2022July2022
October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022
75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
August2022September2022
$1,500,000 $1,000,000 $500,000 $0
December2022
Median 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 unit 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 continuing 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.

117 New Listings 1.6 Months of Inventory $1.4M Median Sale Price 94.9% Median Sale vs List 24 Avg Days on Market 44 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
81 New Listings 2 Months of Inventory $1.1M Median Sale Price 101.2% Median Sale vs List 40 Avg Days on Marke 49 Sold Listings CONDO Condo & Townhomes
y y

Median SalesPrice

Single Family Homes

The median sales price decreased, from $1 6m in December 2021, to $1 4m in December 2022

Condos & Townhomes

The median sales price 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 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

Hayward

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 continuing 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$835K
Sale
33
Median
Price
Avg Days on Market 46 Sold Listings Homes
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
March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 22 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 FOR SALE SOLD LISTINGS ward 2021 - DECEMBER 2022 Homes s, year-over-year. nhomes s, year-over-year

Median SalesPrice

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 December 2022

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

Lafayette

What's in the Lafayette data?

Lafayette's single-family housing market saw a decrease to a $1.7 million median sold price. There were 17 units sold and 28 new listings. The condo & townhome market inclined month-over-month with 7 new listings and 2 sales, totaling approximately $1.4 million. Buyers have remained aggressive with their offer prices 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.

s

7 istings

n Sale Price

ays on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office

1.7M
1
7 New Listings 0 Months of Inventory $1.4M Median Sale Price 97.6% Median Sale vs List 0 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 125 100 75 50 25 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 20 15 10 5 0 Lafayette 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 $2m in December 2021, to $1 7m in December 2022

Condos & Townhomes

The median sales price increased, from $1 2m in December 2021, to $1 4m in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased, from 26 days last December 2021, to 81 days by December 2022

Condos & Townhomes

The average days on market decreased from, 1 days in December 2021, to 0 days this year.

Overbids

Single Family Homes

The overbid percentage decreased, from 108 3% last December 2021, to 95 2% a year later

Condos & Townhomes

The overbid percentage slightly increased, from 97 4% last December 2021, to 97 6% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 100 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$3,000,000 $2,000,000 $1,000,000
Median SalesPrice

Moraga

What's in the Moraga data?

Moraga's single-family housing market saw a decrease to a $1.7 million median sold price. There were 7 units sold and 9 new listings. The condo & townhome market inclined month-over-month with 7 new listings and 4 sales, totaling approximately $548k. Buyers have remained aggressive with their offer prices continuing 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office

7 New Listings 1 Months of Inventory $548K Median Sale Price 95.6% Median Sale vs List 46 Avg Days on Market 4 Sold Listings CONDO Condo & Townhomes
ptember2022October2022November2022December2022 ptember2022October2022November2022December2022 LISTINGS y y

Median SalesPrice

Single Family Homes

The median sales price decreased, from $1 8m in December 2021, to $1 7m in December 2022

Condos & Townhomes

The median sales price increased, from $529k in December 2021, to $548k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased, from 8 days last December 2021, to 41 days by December 2022

Condos & Townhomes

The average days on market increased, from 11 days in December 2021, to 46 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 111 3%, last December 2021, to 96 1% a year later

Condos & Townhomes

The overbid percentage decreased, from 106 5% last December 2021, to 95 6% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
$0 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

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 continuing 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office

M et
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
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 pril2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 OR SALE SOLD LISTINGS rk DECEMBER 2021 - DECEMBER 2022 -over-year. s y -over-year

Median SalesPrice

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 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 decreased from 110 5%, last December 2021, to 97 1% a year later

Condos & Townhomes

The overbid percentage decreased from 103%, last December 2021, to 91 5% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
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 $0

Oakland

What's in the Oakland data?

Oakland's single-family housing market saw a decrease to an $835k median sold price. There were 137 units sold and 440 new listings. The condo & townhome market declined month-over-month with 151 new listings and 39 sales, totaling approximately $560k. Buyers have remained aggressive with their offer prices continuing 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.

$835K Median Sale Price 47 Avg Days on Market 137 Sold Listings 0 ings 2 of Inventory 3.4% Sale vs List H e Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023.
rights reserved. Each
Is Independently Owned and Operated.
All
Office
DRE#02029039.
151 New Listings 2.2 Months of Inventory $560K Median Sale Price 96.6% Median Sale vs List 55 Avg Days on Market 39 Sold Listings CONDO Condo & Townhomes
2022 July2022August2022September2022October2022November2022December2022 e2022 July2022August2022September2022October2022November2022December2022 E SOLD LISTINGS DECEMBER 2021 - DECEMBER 2022 ar. y y ar

Single Family Homes

The median sales price decreased, from $943k in December 2021, to $835k in December 2022

Condos & Townhomes

The median sales price decreased, from $620k in December 2021, to $560k in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased, from 32 days last December 2021, to 47 days by December 2022

Condos & Townhomes

The average days on market slightly decreased, from 56 days in December 2021, to 55 days this year.

Overbids

Single Family Homes

The overbid percentage decreased, from 116 2% last December 2021, to 103 4% a year later.

Condos & Townhomes

The overbid percentage decreased, from 102 6% last December 2021, to 96 6% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 $1,500,000 $1,000,000 $500,000 $0 December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
SalesPrice
Median

Orinda

What's in the Orinda data?

Orinda's single-family housing market saw a decrease to a $2.1 million median sold price. There were 15 units sold and 31 new listings. The condo & townhome market inclined month-over-month with 1 new listing and 2 sales, totaling approximately $1.1 million. Buyers have remained aggressive with their offer prices continuing 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.

1 New Listings 0 Months of Inventory $1.1M Median Sale Price 91.7% Median Sale vs List 0 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
ber2022 ember2022 y y

Median SalesPrice

Single Family Homes

The median sales price decreased, from $2 3m in December 2021, to $2 1m in December 2022

Condos & Townhomes

The median sales price increased from $700k in December 2021 and $1 1m in December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased from 18 days last December 2021 to 46 days by December 2022

Condos & Townhomes

The average days on market slightly decreased, from 56 days in December 2021, to 55 days this year

Overbids

Single Family Homes

The overbid percentage decreased, from 109 1% last December 2021, to 92 9% a year later

Condos & Townhomes

The overbid percentage decreased, from 101 6% last December 2021, to 91 7% a year later

January2022February2022March2022April2022May2022June2022July2022
November2022December2022
December2021
August2022September2022October2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0

Piedmont

What's in the Piedmont data?

Piedmont’s single-family housing market saw an increase to a $2.2 million median sold price. There were 3 units sold and 8 new listings. The condo & townhome market inclined month-over-month with 0 new listings and 0 sales, totaling $0. Buyers have remained aggressive with their offer prices continuing 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.

0 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
y y

Median SalesPrice

Single Family Homes

The median sales price is up, from $2m from December 2021, to $2 2m on December 2022

Condos & Townhomes

The median sales price has no changes, from $0 last December 2021, to $0 on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up, from 5 days last December 2021, to 10 days by December 2022

Condos & Townhomes

The average days on market has remained at 0 since December 2021

Overbids

Single Family Homes

The overbid percentage is down, from 114 4% last December 2021, to 93 2% a year later

Condos & Townhomes

The overbid percentage has remained at 0 since last December 2021

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
40 30 20 10 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 150% 100% 50% 0%
$5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 December2021
November2022December2022

Pleasanton

What's in the Pleasanton data?

Pleasantonts single-family housing market saw a decrease to a $1.5 million median sold price. There were 19 units sold and 51 new units. The condo & townhome market declined month-over-month with 19 new listings and 6 sales, totaling $751k. Buyers have remained aggressive with their offer prices continuing 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.

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
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 250 200 150 100 50 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 60 40 20 0 FOR SALE SOLD LISTINGS Pleasanton DECEMBER 2021 - DECEMBER 2022 Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year

Median SalesPrice

Single Family Homes

The median sales price is down, from $1 7m in December 2021, to $1 5m on December 2022

Condos & Townhomes

The median sales price has decreased, from $790k last December 2021, to $751k on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up, from 6 days last December 2021, to 45 days by December 2022

Condos & Townhomes

The average days on market is up, from 18 days last December 2021, to 41 days on December 2022

Overbids

Single Family Homes

The overbid percentage is down, from 110 5% last December 2021, to 91 2% a year later

Condos & Townhomes

The overbid percentage has decreased, from 103 8% last December 2021, to 94 9% 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

Richmond

What's in the Richmond data?

Richmond’s single-family housing market saw a decrease at a $650k median sold price. There were 40 units sold and an increase in new listings at 113 units. The condo & townhome market declined month-over-month with 34 new listings and 9 sales, totaling $429k. Buyers have remained aggressive with their offer prices continuing at around 100%. Dur 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office

0K
ce arket
34 New Listings 1 Months of Inventory $429K Median Sale Price 94.4% Median Sale vs List 50 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
022October2022November2022December2022 022October2022November2022December2022 TINGS , y y

Single Family Homes

The median sales price is down, from $1 7m in December 2021, to $1 5m on December 2022

Condos & Townhomes

The median sales price has decreased, from $790k last December 2021, to $751k on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is up, from 6 days last 2021, to 45 days by December 2022

Condos & Townhomes

The average days on market is up, from 18 days last December 2021, to 41 days on December 2022

Overbids

Single Family Homes

The overbid percentage is down, from 110 5% last December 2021, to 91 2% a year later

Condos & Townhomes

The overbid percentage has gone down, from 103 8% last December 2021, to 94 9% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0
Median SalesPrice

San Leandro

What's in the San Leandro data?

San Leandro’s single-family housing market saw a decrease at a $843k. There were 34 homes sold and 74 new units. The condo & townhome market inclined monthover-month with 20 new listings and 14 sales, totaling $542k. Buyers have remained aggressive with their offer prices continuing 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.

74 New Listings 0.9 Months of Inventory $843K Median Sale Price 95.9% Median Sale vs List 30 Avg Days on Market 34 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023.
rights reserved. Each Office Is Independently Owned and Operated.
All
DRE#02029039.
20 New Listings 2.8 Months of Inventory 93.3% Median Sale vs Lis Con
2August2022September2022October2022November2022December2022 2August2022September2022October2022November2022December2022 OLD LISTINGS ro y y

Single Family Homes

The median sales price has decreased from $875k last December 2021 to $843k on December 2022

Condos & Townhomes

The median sales price has increased from $534k last December 2021 to $542k on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 17 days last December 2021 up to 30 days by December 2022

Condos & Townhomes

The average days on market last December 2021 is 41 days up to 60 days on December 2022

Overbids

Single Family Homes

The overbid percentage is down to 107 8% last December 2021 which decreased to 95 9% a year later

Condos & Townhomes

The overbid percentage has gone down 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

San Lorenzo

What's in the San Lorenzo data?

San Lorenzo’s single-family housing market saw a decreased at $770 thousand median sold price, with only 13 homes sold, and an increase in new listings at 24 units. The condo & townhome market inclined month-over-month with 3 new listings, and 2 sales totaling $870 thousand, as buyers remain aggressive in their offer prices at around 100%. With only 6% of homes being completed the market has seen a decreased supply. Combined with surging demand the cost of buying continues being pushed up, creating an imbalance between pricing range and active options in the marketplace.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$770K
Sale Price % List
13
tory
Median
41 Avg Days on Market
Sold Listings
mily Homes
3 New Listings 1 Months of Inventory $870 Median Sale P 95.2% Median Sale vs List 4 Avg Days on Ma Sold List CONDO Condo & Townhom
er2022November2022December2022 er2022November2022December2022 NGS y y

Median SalesPrice

Single Family Homes

The median sales price is down $912k from December 2021 to $770k on December 2022

Condos & Townhomes

The median sales price has increased from $610k last December 2021 to $870k on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 13 days last December 2021 to still 41 days by December 2022

Condos & Townhomes

The average days on market last December 2021 is 4 days up to 45 days on December 2022

Overbids

Single Family Homes

The overbid percentage is down to 105 3% last December 2021 to 98 8% a year later

Condos & Townhomes

The overbid percentage has gone down from 117 3% last December 2021 to 95 2% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022Decemebr2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 80 60 40 20 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0

SanPablo

What's in the San Pablo data?

In November, San Pablo’s single-family housing market saw a decreased at $565 thousand median sold price, with only 11 homes sold, and 24 new listings. The condo & townhome market inclined month-over-month with 9 new listings, and 2 sales totaling $474 thousand, as buyers remain aggressive in their offer prices at around 100%. With only 6% of homes being completed the market has seen a decreased supply. Combined with surging demand the cost of buying continues being pushed up, creating an imbalance between pricing range and active options in the marketplace.

24 New Listings 1.3 Months of Inventory $565K Median Sale Price 99.7% Median Sale vs List 43 Avg Days on Market 11 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated.
DRE#02029039.
9 New Listings 7 Months of Inventory $474K Median Sale Price 100% Median Sale vs List 12 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 100 75 50 25 0 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 25 20 15 10 5 0 LISTINGS FOR SALE VS SOLD LISTINGS SanPablo 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 is down $612k from December 2021 to $565k on December 2022.

Condos & Townhomes

The median sales price has increased from $420k last December 2021 to $474k on December 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 31 days last December 2021 down to 43 days by December 2022

Condos & Townhomes

The average days on market is from 7 days last December 2021 down to 12 days by December 2022

Overbids

Single Family Homes

The overbid percentage is down to 107 9% last December 2021 to 99 7% a year later

Condos & Townhomes

The overbid percentage has gone down from 104 6% last December 2021 to 100% a year later

December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022 75 50 25 0 December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022 125% 100% 75% 50% 25% 0%
$750,000 $500,000 $250,000 $0
Median SalesPrice

Union City

What's in the Union City data?

Union City's single-family housing market saw a decreased to $1.2 million median sold price, with 17 units sold, and 32 new listings. The condo & townhome market declined month-over-month with 18 new listings, and 8 sales, totaling approximately $523 thousand, though buyers remain aggressive in their offer prices at around 100%. With only 6% of homes being completed, the market has seen a decreased supply. Combined with surging demand, the cost of buying continues being pushed up, creating an imbalance between pricing range and active options in the marketplace.

32 New Listings 0.9 Months of Inventory $1.2M Median Sale Price 98.8% Median Sale vs List 37 Avg Days on Market 17 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
18 New Listings 0.9 Months of Inventory $532K Median Sale Price 90.4% Median Sale vs List 48 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes
er2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 er2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022 TINGS FOR SALE VS SOLD LISTINGS UnionCity DECEMBER 2021 - DECEMBER 2022 gle Family Homes st 12 months, year-over-year. ndos & Townhomes st 12 months, year-over-year

Median SalesPrice

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 from 14 days last December 2021 up to 37 days by December 2022

Condos & Townhomes

The average days on market is from 41 days last December 2021 up to 48 days by December 2022

Overbids

Single Family Homes

The overbid percentage is down to 111 8% last December 2021 which decreased 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
2437 Santa Clara Ave, Alameda, CA 94609 KellerWilliamsAlameda 20273 Patio Drive, Castro Valley, CA 94546 KellerWilliamsCastroValley 4937 Telegraph Ave. Suite A Oakland, CA 94609 KellerWilliamsOakland :

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