Market report for the Oakland area July 2022

Page 1

Market Report Market report for the Oakland area July 2022.

Copyright by KW Advisors 2022


Oakland area

El Sobrante Jump to El Sobrante Report

Emeryville Jump to Emeryville Report

Fremont Jump to Fremont Report

Almeda

Hayward

Jump to Almeda Report

Jump to Hayward Report

Albany

Lafayette

Jump to Albany Report

Jump to Lafayette Report

Berkeley

Moraga

Jump to Berkeley Report

Jump to Moraga Report

Castro Valley

Newark

Jump to Castro Valley Report

Jump to Newark Report

El Cerrito

Oakland

Jump to El Cerrito Report

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's your home actually worth

In Today's Market That really is the question to ask yourself. Our market is incredible diverse and changes rapidly. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors is. And at the end of the day, the current market sets your homes's value. So, do you know what your home is worth in today's market?

I can help... Contact me for a confidential, no obligation, assessment of your home's value.


Why a Real Estate Professional Is Key When Selling Your House With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985. Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market: 1. 2. 3. 4. 5.

They Know What Buyers Want To See They Help Maximize Your Buyer Pool They Understand the Fine Print They’re Trained Negotiators They Know How To Set the Right Price for

Your House There’s a lot that goes into selling your house. Instead of tackling it alone, reach out to a trusted real estate advisor to make sure you have an expert on your side throughout the entire process. Read more here.


Alameda What's in the Alameda data? In June, the median sold price for single-family homes in Almeda decreased marginally month-over-month to $1.5 million. The number of homes sold increased to 38 and the number of new listings also increased to 80. The number of condo & townhouses sales decreased to $952,000 with 17 units sold and 34 new listings. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

80

38

New Listings

Sold Listings

0.9

1.5M

Months of Inventory

Median Sale Price

123.8% 16 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

34

17

New Listings

Sold Listings

1.4

$952K

Months of Inventory

Median Sale Price

108.2% Median Sale vs List

22 Avg Days on Market


20 21

20 21

20 21

60

40

20

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Alameda JUNE 2021 - JUNE 2022

S O L D LISTINGS

150

100

50

0


The median sales price has slightly decrease from $1.56m last June 2021 to $1.52m in June 2022.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes

$0

20 21

The median sales price has slightly increased from $880k last June 2021 to $952k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Single Family Homes

$2,000,000

Ju ne

Ju ly

Median Sales Price

40

AVG Days On the Market

30

Single Family Homes

20

The average days on market is from 11 days last June 2021 up to 16 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 120% last June 2021 which increased to 123.80% a year later.

The average days on market last June 2021 is 11 days up to 22 days in June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 110.70% last June 2021 to 108.20% a year later.

Ju ne

Ju ne

20 21

0



Albany What's in the Albany data? Albany’s median sold price for single-family homes decreased marginally month-over-month to $1.3 million. The number of homes sold decreased to 14 and the number of new listings increased to 19. The number of condo & townhouses sales was static month-over-month at $550,000 with 3 units sold and 17 new listings. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

19

14

New Listings

Sold Listings

0.7

$1.6M

Months of Inventory

Median Sale Price

121.3% 17 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

17

3

New Listings

Sold Listings

4.3

$550K

Months of Inventory

Median Sale Price

97.7%

24

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

30

20

10

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Albany JUNE 2021 - JUNE 2022

S O L D LISTINGS

40

30

20

10

0


Median Sales Price Single Family Homes The median sales price is up $1.2m from June 2021 to $1.6m in June 2022.

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price has slightly decreased from $615k last June 2021 to $550k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

AVG Days On the Market

50

40

30

Single Family Homes The average days on the market is from 11 days last June 2021 is up to 17 days by June 2022.

20

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 131.30% last June 2021 which decreases to 121.30% a year later.

The average days on market last June 2021 is 32 days down to 24 days in June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 101.80% last June 2021 to 97.70% a year later.

Ju ne

Ju ne

20 21

0



Berkeley What's in the Berkeley data? Berkeley’s median sold price for single-family homes in June decreased month-over-month to $1.7 million. The number of homes sold decreased to 78 and the number of new listings also decreased to 128. The number of condo & townhouses sales decreased slightly month-over-month to $950,000 with 11 units sold and 34 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

128

78

New Listings

Sold Listings

0.9

$1.7M

Months of Inventory

Median Sale Price

132.8% 16 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

34

11

New Listings

Sold Listings

2.2

$950K

Months of Inventory

Median Sale Price

116.6%

16

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

75

50

25

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Berkeley JUNE 2021 - JUNE 2022

S O L D LISTINGS

250

200

150

100

50

0


Median Sales Price Single Family Homes The median sales price is up $1.6m from June 2021 to $1.7m in June 2022.

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes

Ju ne

Ju ly

20 21

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

$0

The median sales price has increased from $800k last June 2021 to $950k in June 2022.

75

AVG Days On the Market

50

Single Family Homes The average days on market is from 13 days last June 2021 to 16 days by June 2022.

25

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 124.60% last June 2021 which increase to 132.80% a year later.

The average days on market last June 2021 is 16 days to 16 days in June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone up from 111.50% last June 2021 to 116.60% a year later.

Ju ne

Ju ne

20 21

0



Castro Valley What's in the Castro Valley data? In Castro Valley the median sold price for single-family homes in June increased marginally month-over-month to $1.4 million. The number of homes sold increased to 44 and the number of new listings also increased to 111. The number of condo & townhouses sales was static month-over-month to $1.3 million, reaching an all time high, with 5 units sold and 18 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

111

44

New Listings

Sold Listings

1.7

$1.4M

Months of Inventory

Median Sale Price

105.7% 19 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

18

5

New Listings

Sold Listings

2.2

$1.3M

Months of Inventory

Median Sale Price

108.5% Median Sale vs List

17 Avg Days on Market


20 21

20 21

20 21

30

20

10

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Castro Valley JUNE 2021 - JUNE 2022

S O L D LISTINGS

200

150

100

50

0


Median Sales Price

$1,500,000

$1,000,000

Single Family Homes The median sales price is up $1.2m from June 2021 to $1.4m in June 2022.

$500,000

Condos & Townhomes

Ju ne

Ju ly

20 21

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

$0

The median sales price has increased from $940k last June 2021 to $1.3m in June 2022.

30

AVG Days On the Market

20

Single Family Homes The average days on market is from 9 days last June 2021 up to 19 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average days on market last June 2021 is 8 days up to 17 days in June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 111% last June 2021 to 108.50% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is up to 112.30% last June 2021 which decreases to 105.70% a year later.

Ju ne

Ju ne

20 21

0



El Cerrito What's in the El Cerrito data? El Cerrito’s median sold price for single-family homes in June decreased month-over-month to $1.3 million. The number of homes sold increased to 14 and the number of new listings decreased to 43. The number of condo & townhouses sales decreased month-over-month to $0 with 0 units sold and 11 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

43

14

New Listings

Sold Listings

0.9

$1.3M

Months of Inventory

Median Sale Price

135.5% 18 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

11

0

New Listings

Sold Listings

8

$0

Months of Inventory

Median Sale Price

0%

12

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

20

15

10

5

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

El Cerrito JUNE 2021 - JUNE 2022

S O L D LISTINGS

100

75

50

25

0


Median Sales Price

$1,500,000

$1,000,000

Single Family Homes The median sales price is up $1.35m from June 2021 to $1.37m in June 2022.

$500,000

Condos & Townhomes

Ju ne

Ju ly

20 21

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

$0

The median sales price has decreased from $855k last June 2021 to $0 in June 2022.

200

AVG Days On the Market

150

Single Family Homes

100

The average days on market is from 14 days last June 2021 up to 18 days by June 2022.

50

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 128.80% last June 2021 which increases to 135.50% a year later.

The average days on market last June 2021 is 42 days down to 12 days in June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 113% last June 2021 to 0% a year later.

Ju ne

Ju ne

20 21

0



El Sobrante What's in the El Sobrante data? El Sobrante’s median sold price for single-family homes in June increased marginally month-over-month to $807,000. The number of homes sold decreased to 8 and the number of new listings also decreased to 28. The number of condo & townhouses sales decreased month-over-month to $240,000 with 1 unit sold and 7 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

28

8

New Listings

Sold Listings

0.8

$807K

Months of Inventory

Median Sale Price

104.6% 29 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

7

1

New Listings

Sold Listings

6

$240K

Months of Inventory

Median Sale Price

109.1%

13

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

15

10

5

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

El Sobrante JUNE 2021 - JUNE 2022

S O L D LISTINGS

60

40

20

0


Median Sales Price Single Family Homes The median sales price is up $760k from June 2021 to $807k on June 2022.

$1,000,000

$750,000

$500,000

$250,000

Condos & Townhomes The median sales price has decreased from $520k last June 2021 to $240k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

60

AVG Days On the Market

40

Single Family Homes The average days on market is from 9 days last June 2021 up to 29 days by June 2022.

20

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average days on market last June 2021 is 24 days down to 13 days in June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone up from 104.70% last June 2021 to 109.10% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is up to 112.60% last June 2021 which decreased to 104.60% a year later.

Ju ne

Ju ne

20 21

0



Emeryville What's in the Emeryville data? In Emeryville, the median sold price for single-family homes in June was static month-over-month at $0. The number of homes sold was static at 0 and the number of new listings increased to 5. The number of condo & townhouses sales increased month-over-month to $650,000 with 11 units sold and 43 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

5

0

New Listings

Sold Listings

1.5

$0

Months of Inventory

Median Sale Price

0%

12

Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

43

11

New Listings

Sold Listings

3.2

$650K

Months of Inventory

Median Sale Price

104.4%

12

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

75

50

25

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Emeryville MARCH 2021 - MARCH 2022

S O L D LISTINGS

50

40

30

20

10

0


Median Sales Price

$1,500,000

$1,000,000

Single Family Homes The median sales price is down $764k from June 2021 to $0 in June 2022.

$500,000

Condos & Townhomes The median sales price has gone up from 532k last June 2021 to $650k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

60

AVG Days On the Market

40

Single Family Homes The average days on market is from 0 days last June 2021 to 12 days by June 2022.

20

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 93.30% last June 2021 to 0% a year later.

The average number of days on market last June 2021 is 39 days down to 12 days in June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 104.70% last June 2021 to 104.40% a year later.

Ju ne

Ju ne

20 21

0



Fremont What's in the Fremont data? In Fremont, the median sold price for single-family homes in June decreased marginally month-over-month to $1.7 million. The number of homes sold decreased to 86 and the number of new listings increased to 280. The number of condo & townhouses sales increased slightly month-over-month to $925,000 with 54 units sold and 219 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

280

86

New Listings

Sold Listings

1.7

$1.7M

Months of Inventory

Median Sale Price

105.2% 15 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

219

54

New Listings

Sold Listings

16

$925K

Months of Inventory

Median Sale Price

104%

17

Median Sale vs List

Avg Days on Market


20 21

20 21

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

M ay

20 22

20 22

Ap ril 20 22

S A L E VS

M ay

20 21

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Fremont JUNE 2021 - JUNE 2022

S O L D LISTINGS

500

400

300

200

100

0

Single Family Homes Last 12 months, year-over-year.

300

200

100

0


Median Sales Price Single Family Homes The median sales price is up $1.5m from June 2021 to $1.7m in June 2022.

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price increased from $740k last June 2021 to $925k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

25

AVG Days On the Market

20

15

Single Family Homes The average days on market is from 11 days last June 2021 to 15 days by June 2022.

10

5

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average number of days on market last June 2021 is18 days down to 17 days in June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone up from 105.10% last June 2021 to 104% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is up to 110.90% last June 2021 which decreased to 105.20% a year later.

Ju ne

Ju ne

20 21

0



Hayward What's in the Hayward data? In Hayward, the median sold price for single-family homes in June decreased month-over-month to $952,000. The number of homes sold was static at 79 and the number of new listings increased to 234. The number of condo & townhouses sales decreased slightly month-over-month to $660,000 with 29 units sold and 81 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

234

79

New Listings

Sold Listings

2.4

$952K

Months of Inventory

Median Sale Price

105%

18

Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

81

29

New Listings

Sold Listings

0.9

$660K

Months of Inventory

Median Sale Price

105.4%

21

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

150

100

50

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Hayward

JUNE 2021 - JUNE 2022

S O L D LISTINGS

400

300

200

100

0


Median Sales Price Single Family Homes The median sales price is up $937K from June 2021 to $952K in June 2022.

$1,250,000

$1,000,000

$750,000

$500,000

$250,000

Condos & Townhomes The median sales price increased from $640k last June 2021 to $660k in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

25

AVG Days On the Market

20

15

Single Family Homes The average days on market is from 38 days last June 2021 to 39 days by June 2022.

10

5

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average number of days on the market last June 2021 was 50 days increased to 70 days in June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage decreased from 109.10% last June 2021 to 105.40% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is up to 111.90% last June 2021 decreased to 105% a year later

Ju ne

Ju ne

20 21

0



Lafayette What's in the Lafayette data? In Lafayette, the median sold price for single-family homes in June decreased marginally month-over-month to $2.03 million. The number of homes sold decreased to 34 and the number of new listings increased to 75. The number of condo & townhouses sales increased month-over-month to $861,000, reaching an all-time-high, with 2 units sold and 11 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

75

34

New Listings

Sold Listings

1.4

$2.03M

Months of Inventory

Median Sale Price

108.6% 14 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

11

2

New Listings

Sold Listings

1

$861K

Months of Inventory

Median Sale Price

108.3%

9

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

15

10

5

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Lafayette JUNE 2021 - JUNE 2022

S O L D LISTINGS

150

100

50

0


Median Sales Price

$3,000,000

$2,000,000

Single Family Homes The median sales price is up $1.8m from June 2021 to $2.03m on June 2022.

$1,000,000

Condos & Townhomes The median sales price has increased from $793k last June 2021 to $861k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

125

AVG Days On the Market

100

75

Single Family Homes The average days on market is from 11 days last June 2021 to 14 days by June 2022.

50

25

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average days on market last June 2021 is 5 days to 9 days in June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone up from 101.50% last June 2021 to 108.30% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is down to 110.40% last June 2021 which decreases to 108.60% a year later.

Ju ne

Ju ne

20 21

0



Moraga What's in the Moraga data? In Moraga, the median sold price for single-family homes in June decreased marginally month-over-month to $2.3 million. The number of homes sold decreased to 12 and the number of new listings increased to 21. The number of condo & townhouses sales increased month-over-month to $905,000, reaching an all-time-high, with 10 units sold and 17 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

21

12

New Listings

Sold Listings

0.6

$2.3M

Months of Inventory

Median Sale Price

111.6% 14 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

17

10

New Listings

Sold Listings

0.4

$905K

Months of Inventory

Median Sale Price

101.6%

10

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

40

30

20

10

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Moraga JUNE 2021 - JUNE 2022

S O L D LISTINGS

60

40

20

0


Median Sales Price Single Family Homes The median sales price is up $1.8m from June 2021 to $2.3m on June 2022.

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price is $811k last June 2021 to $905k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

40

AVG Days On the Market

30

Single Family Homes

20

The average days on market is from 7 days last June2021 to 14 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids

The average days on market last June 2021 is 9 days increased to 10 days on June 2022.

125%

100%

Single Family Homes

25%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage decreased from107.60% last June 2021 to 101.60% a year later.

50%

Ju ly

Condos & Townhomes

75%

20 21

The overbid percentage is up to 114.40% last June 2021 decreased to 111.60% a year later.

Ju ne

Ju ne

20 21

0



Newark What's in the Newark data? Newark’s median sold price for single-family homes in June decreased to $1.3 million. The number of homes sold decreased to 27 and the number of new listings increased to 97. The number of condo & townhouses sales decreased month-over-month to $1 million with 22 units sold and 38 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

97

27

New Listings

Sold Listings

3

$1.3M

Months of Inventory

Median Sale Price

106.3% 14 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

38

22

New Listings

Sold Listings

1.3

$1M

Months of Inventory

Median Sale Price

109.7%

13

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

60

40

20

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Newark JUNE 2021 - JUNE 2022

S O L D LISTINGS

125

100

75

50

25

0


Median Sales Price Single Family Homes The median sales price is up $1.2m from June 2021 to $1.3m on June 2022.

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price has increased from $600k last June 2021 to $1m on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

30

AVG Days On the Market

20

Single Family Homes The average days on market is from 11 days last June 2021 up to 14 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 109.7% last June 2021 decreased to 106.30% a year later.

The average days on market last June 2021 is 10 days to 13 days on June 2022.

125%

100%

75%

50%

25%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone up from 103% last June 2021 to 109.70% a year later.

Ju ne

Ju ne

20 21

0



Oakland What's in the Oakland data? Oakland’s median sold price for single-family homes in June increased to $1.2 million, reaching an all-time-high. The number of homes sold decreased to 266 and the number of new listings increased to 676. The number of condo & townhouses sales decreased month-over-month to $635,000 with 79 units sold and 275 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

676

266

New Listings

Sold Listings

1.7

$1.2M

Months of Inventory

Median Sale Price

124.1% 21 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

275

79

New Listings

Sold Listings

2.3

$635K

Months of Inventory

Median Sale Price

104.8%

26

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

500

400

300

200

100

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Oakland JUNE 2021 - JUNE 2022

S O L D LISTINGS

1,250

1,000

750

500

250

0


Median Sales Price

$1,500,000

$1,000,000

Single Family Homes The median sales price is up $1.1m from June 2021 to $1.2m on June 2022.

$500,000

Condos & Townhomes The median sales price decreased from $677k last June 2021 to $635k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

60

AVG Days On the Market

40

Single Family Homes The average days on market is from 18 days last June 2021 up to 21 days by June 2022.

20

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is 124.10% last June 2021 and same 124.10% a year later.

The average days on market last June 2021 is 27 days down to 26 days on June 2022.

150%

100%

50%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 105.40% last June 2021 to 104.80% a year later.

Ju ne

Ju ne

20 21

0



Orinda What's in the Orinda data? Orinda’s median sold price for single-family homes in June decreased marginally to $2.3 million, just short of last month’s all-time-high. The number of homes sold was static at 33 and the number of new listings decreased to 56. The number of condo & townhouses sales increased month-over-month to $1.5 million with 2 units sold and 1 new listing. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

56

33

New Listings

Sold Listings

1.6

$2.3M

Months of Inventory

Median Sale Price

106.8% 13 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

1

2

New Listings

Sold Listings

0

$1.5M

Months of Inventory

Median Sale Price

95.5%

0

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

8

6

4

2

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Orinda JUNE 2021 - JUNE 2022

S O L D LISTINGS

125

100

75

50

25

0


Median Sales Price Single Family Homes The median sales price is up $2.2m from June 2021 to $2.3m on June 2022.

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price has slightly increased from $1.5m last June 2021 to $1.57m in June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

80

AVG Days On the Market

60

Single Family Homes

40

The average days on market is from 9 days last June 2021 up to 13 days by June 2022.

20

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is down to 108.10% last June 2021 which increases to 106.80% a year later.

The average days on market last June 2021 is 80 days down to6 0 days on June 2022.

125%

100%

75%

50%

25%

Condos & Townhomes

Ju ly

20 21

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

0%

20 21

The overbid percentage has gone down from 107.50% last June 2021 to 95.50% a year later.

Ju ne

Ju ne

20 21

0



Piedmont What's in the Piedmont data? Piedmont’s median sold price for single-family homes in June increased to $3 million. The number of homes sold was static at 16 and the number of new listings decreased to 27. The number of condo & townhouses sales increased month-over-month to $0 with 0 units sold and 0 new listings. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

27

16

New Listings

Sold Listings

1.8

$3.3M

Months of Inventory

Median Sale Price

118.8% 20 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

0

0

New Listings

Sold Listings

0

$0

Months of Inventory

Median Sale Price

0%

0

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

100

75

50

25

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Piedmont JUNE 2021 - JUNE 2022

S O L D LISTINGS

60

40

20

0


Median Sales Price Single Family Homes The median sales price is up $2.8m from June 2021 to $3.3m on June 2022.

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

Condos & Townhomes The median sales price is from $0 last June 2021 to still $0 on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

20

AVG Days On the Market

15

Single Family Homes

10

The average days on market is from 9 days last June 2021 up to 20 days by June 2022.

5

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 112.7% last June 2021 which increases to 118.8% a year later.

The average days on market last June 2021 is 0 days to still 0 days on June 2022.

150%

100%

50%

Condos & Townhomes

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

20 21

0%

20 21

The overbid percentage is from 0% last June 2021 to 0% a year later.

Ju ne

Ju ne

20 21

0



Pleasanton What's in the Pleasanton data? In Pleasanton, the median sold price for single-family homes in June decreased to $4 million, down from last month’s all-time-high. The number of homes sold was static at 24 and the number of new listings increased to 264. The number of condo & townhouses sales monthover-month was static at $1.22 million with 9 units sold and 51 new listings. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

264

24

New Listings

Sold Listings

8.5

$4M

Months of Inventory

Median Sale Price

95.3%

55

Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

51

9

New Listings

Sold Listings

6.5 $1.22M Months of Inventory

Median Sale Price

93.4%

66

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

60

40

20

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Pleasanton JUNE 2021 - JUNE 2022

S O L D LISTINGS

250

200

150

100

50

0


Median Sales Price Single Family Homes The median sales price is up $1.6m from June 2021 to $1.7m on June 2022.

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price has increased from $826k last June 2021 to $777k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

25

AVG Days On the Market

20

15

Single Family Homes The average days on market is from 10 days last June 2021 up to 19 days by June 2022.

10

5

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

75%

50%

25%

The overbid percentage has gone up from 111% last June 2021 to 102.4% a year later.

0%

20 21

Condos & Townhomes

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

The overbid percentage is up to 111.4% last June 2021 which increases to 100.4% a year later.

20 21

Single Family Homes

100%

Ju ly

Overbids

The average days on market last June 2021 is 7 days to 8 days on June 2022.

125%

Ju ne

Ju ne

20 21

0



Richmond What's in the Richmond data? In Richmond, the median sold price for single-family homes in June decreased marginally to $830,000. The number of homes sold was static at 53 and the number of new listings increased to 173. The number of condo & townhouses sales decreased month-over-month to $557,000 with 22 units sold and 44 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

173

53

New Listings

Sold Listings

1.5

$830K

Months of Inventory

Median Sale Price

110.6% 19 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

44

22

New Listings

Sold Listings

1.5

$557K

Months of Inventory

Median Sale Price

104.1%

16

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

80

60

40

20

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Richmond JUNE 2021 - JUNE 2022

S O L D LISTINGS

300

200

100

0


Median Sales Price Single Family Homes The median sales price is up $704k from June 2021 to $830k on June 2022.

$1,000,000

$750,000

$500,000

$250,000

Condos & Townhomes The median sales price has increased from $572k last June 2021 to $557k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

40

AVG Days On the Market

30

Single Family Homes

20

The average days on market is from 14 days last June 2021 up to 19 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is up to 113.8% last June 2021 which decreased to 110.6% a year later.

The average days on market last June 2021 is 15 days to 16 days on June 2022.

125%

100%

75%

50%

25%

Condos & Townhomes Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

20 21

0%

20 21

The overbid percentage has gone up from 104.3% last June 2021 to 104.1% a year later.

Ju ne

Ju ne

20 21

0



San Leandro What's in the San Leandro data?

In San Leandro, the median sold price for single-family homes in June decreased to $891,000. The number of homes sold decreased to 50 and the number of new listings increased to 131. The number of condo & townhouses sales was static month-over-month at $615,000 with 11 units sold and 29 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

131

50

New Listings

Sold Listings

1.6

$891K

Months of Inventory

Median Sale Price

112.2% 17 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

29

11

New Listings

Sold Listings

4.4

$615K

Months of Inventory

Median Sale Price

108.3%

13

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

50

40

30

20

10

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

San Leandro JUNE 2021 - JUNE 2022

S O L D LISTINGS

200

150

100

50

0


Median Sales Price Single Family Homes The median sales price is up $3.75m from June 2021 to $891k on June 2022.

$4,000,000

$3,000,000

$2,000,000

$1,000,000

Condos & Townhomes The median sales price has increased from $562k last June 2021 to $615k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

40

AVG Days On the Market

30

Single Family Homes

20

The average days on market is from 13 days last June 2021 up to 17 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

The overbid percentage has gone up from 108.7% last June 2021 to 108.3% a year later.

50%

25%

0%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Condos & Townhomes

75%

20 21

The overbid percentage is up to 113% last June 2021 which increases to 112.2% a year later.

Ju ly

Single Family Homes

100%

20 21

Overbids

The average days on market last June 2021 is 22 days down to 13 days on June 2022.

125%

Ju ne

Ju ne

20 21

0



San Lorenzo What's in the San Lorenzo data? In San Lorenzo, the median sold price for single-family homes in June decreased to $860,000. The number of homes sold decreased to 2 and the number of new listings increased slightly to 40. The number of condo & townhouses sales decreased month-over-month to $0 with 0 units sold and 3 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

40

22

New Listings

Sold Listings

0.9

$860K

Months of Inventory

Median Sale Price

106.9% 20 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

3

0

New Listings

Sold Listings

0.5

$0

Months of Inventory

Median Sale Price

0%

4

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

10

7.5

5

2.5

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

San Lorenzo JUNE 2021 - JUNE 2022

S O L D LISTINGS

75

50

25

0


Median Sales Price Single Family Homes The median sales price is down $885k from June 2021 to $860k on June 2022.

$1,000,000

$750,000

$500,000

$250,000

Condos & Townhomes The median sales price has decreased from $885k last June 2021 to $0 on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Ju ne

20 21

$0

50

AVG Days On the Market

40

30

Single Family Homes The average days on market is from 8 days last June 2021 up to 20 days by June 2022.

20

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

75%

50%

25%

The overbid percentage has gone down from 122.30% last June 2021 to 0% a year later.

0%

20 21

Condos & Townhomes

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

The overbid percentage is down to 113.80% last June 2021 to 106.90% a year later.

20 21

Single Family Homes

100%

Ju ly

Overbids

The average days on market last June 2021 is 6 days down to 4 days on June 2022.

125%

Ju ne

Ju ne

20 21

0



San Pablo What's in the San Pablo data? In San Pablo, the median sold price for single-family homes in June decreased marginally to $670,000. The number of homes sold decreased to 11 and the number of new listings increased to 43. The number of condo & townhouses sales decreased month-over-month to $366,000 with 2 units sold and 15 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

43

11

New Listings

Sold Listings

2.2

$670K

Months of Inventory

Median Sale Price

107.3% 20 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

15

2

New Listings

Sold Listings

1.2

$366K

Months of Inventory

Median Sale Price

113.3%

18

Median Sale vs List

Avg Days on Market


20 21

20 21

20 21

20

15

10

5

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

San Pablo JUNE 2021 - JUNE 2022

S O L D LISTINGS

80

60

40

20

0


Median Sales Price

$750,000

$500,000

Single Family Homes The median sales price is up $540k from June 2021 to $670k on June 2022.

$250,000

Condos & Townhomes The median sales price has increased from $315k last June 2021 to $366k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

40

AVG Days On the Market

30

Single Family Homes

20

The average days on market is from 16 days last June 2021 up to 20 days by June 2022.

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

The overbid percentage has gone up from 103.20% last June 2021 to 113.30% a year later.

50%

25%

0%

Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Condos & Townhomes

75%

20 21

The overbid percentage is down to 108.70% last June 2021 to 107.30% a year later.

Ju ly

Single Family Homes

100%

20 21

Overbids

The average days on market last June 2021 is 8 days up to 18 days on June 2022.

125%

Ju ne

Ju ne

20 21

0



Union City What's in the Union City data? In Union City, the median sold price for single-family homes in June decreased to $1.3 million. The number of homes sold decreased to 33 and the number of new listings increased to 99. The number of condo & townhouses sales increased month-over-month to $789,000, reaching an alltime-high, with 9 units sold and 29 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. Only about 6% of all homes for sale were actually completed due to supply constraints which is adding to the scarcity of home supply. Meanwhile, the demand for homes continues to rise albeit the rise in sales prices creating an imbalance in supply and demand.


SFH

Single Family Homes

99

33

New Listings

Sold Listings

3

$1.3M

Months of Inventory

Median Sale Price

103.6% 19 Median Sale vs List

Avg Days 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. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.


CONDO

Condo & Townhomes

29

9

New Listings

Sold Listings

4

$789K

Months of Inventory

Median Sale Price

103.9%

34

Median Sale vs List

Avg Days on Market


20 21

20 21 20 21

60

40

20

0

Condos & Townhomes Last 12 months, year-over-year.

Ju ne

20 22

20 22

Ju ne

20 22

20 22

M ay

Single Family Homes Last 12 months, year-over-year.

M ay

S A L E VS

Ap ril 20 22

20 21 Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

L I S T INGS FOR

Ap ril 20 22

Au gu st 20 21 Se pt em be r2 02 1 O ct ob er 20 21 N ov em be r2 02 1 De ce m be r2 02 1 Ja nu ar y 20 22 Fe br ua ry 20 22 M ar ch 20 22

Ju ly

Ju ne

Union City JUNE 2021 - JUNE 2022

S O L D LISTINGS

150

100

50

0


Median Sales Price Single Family Homes The median sales price is down $1.4m from June 2021 to $1.3m on June 2022.

$2,000,000

$1,500,000

$1,000,000

$500,000

Condos & Townhomes The median sales price has increased from $551k last June 2021 to $789k on June 2022.

20 21 Au gu st Se 20 pt 21 em be r2 02 O 1 ct ob er 20 N ov 21 em be r 20 De 21 ce m be r2 02 Ja 1 nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ne

Ju ly

20 21

$0

50

AVG Days On the Market

40

30

Single Family Homes The average days on market is from 10 days last June 2021 up to 19 days by June 2022.

20

10

Condos & Townhomes 20 21 Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

Overbids Single Family Homes The overbid percentage is down to 117.10 % last June 2021 which increases to 103.60% a year later.

The average days on market last June 2021 is 12 days to 34 days on June 2022.

125%

100%

75%

50%

25%

Condos & Townhomes Au gu st 20 Se 21 pt em be r2 02 O 1 ct ob er 20 N ov 21 em be r2 De 02 ce 1 m be r2 02 1 Ja nu ar y 20 Fe 22 br ua ry 20 22 M ar ch 20 22 Ap ril 20 22 M ay 20 22 Ju ne 20 22

Ju ly

20 21

0%

20 21

The overbid percentage has gone down from 111.10% last June 2021 to 103.90% a year later.

Ju ne

Ju ne

20 21

0



Keller Williams Alameda 2437 Santa Clara Ave, Alameda, CA 94609

Keller Williams Castro Valley 20273 Patio Drive, Castro Valley, CA 94546

Keller Williams Oakland 4937 Telegraph Ave. Suite A Oakland, CA 94609

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