Market report for Fremont area July 2023

Page 1

July 2023 Copyright by KW Advisors 2023

Fremont area

Milpitas

Jump to Milpitas Report

Fremont

Jump to Fremont City Report

Newark

Jump to Newark Report

Union City

Jump to Union City Report

Hayward

Jump to Hayward Report

Castro Valley

Jump to Castro Valley Report

San Leandro

Jump to San Leandro Report

Tri-Cities

(Fremont, Newark & Union City)

Jump to Tri-Cities Report

Pleasanton

Jump to Pleasanton Report

San Ramon

Jump to San Ramon Report

Livermore

Jump to Livermore Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

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

TwoQuestionsToAsk YourselfifYou’reConsidering BuyingaHome

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.

To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you decide.

Milpitas

What's in the Milpitas data?

Milpitas had 50 homes for sale in June, providing the market with 1.2 months of inventory. There were 27 new listings and 23 homes sold, with a median sale price of $1.5m. The median overbid was 101.3%, averaging 11 days on the market.

There are currently 48 condo and townhome units for sale, providing the market with 1.7 months of inventory This month, there were 21 new listings and 21 condos sold, with a median sale price of $1.1m. The median overbid was 104.6%, with an average of 10 days on the market.

SFH Single-Family Homes

27 New Listings

23 Sold Listings

1.2 Months of Inventory

$1.5M Median Sale Price

101.3% Median Sale vs List

11 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

21 New Listings

21 Sold Listings

1.7 Months of Inventory

$1.1M Median Sale Price

104.6% Median Sale vs List

10 Avg Days on Market

Milpitas

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 125 100 75 50 25 0
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 5m since June 2022

Condos & Townhomes

The median sales price has remained at $1.1m since June 2022.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last June 2022, to 11 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 14 days in June 2022, to 10 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 7% last June 2022, to 101 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 106.7% last June 2022, to 104.6% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Fremont

What's in the Fremont data?

In June, Fremont had 125 homes for sale, providing the market with 0.8 months of inventory. There were 75 new listings and 70 homes sold, with a median sale price of $1.6m. The median overbid was 105.5%, with an average of 10 days on the market.

There are currently 122 condo and townhome units for sale, providing the market with 1 2 months of inventory. There were 40 condos sold, with a median sale price of $833k. The median overbid was 102.3%, averaging 17 days on the market.

Last 12 months, year-over-year.

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 500 400 300 200 100 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 300 200 100 0 Fremont JUNE 2022 - JUNE 2023
Single-Family Homes
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 7m last June 2022, to $1 6m as of June 2023

Condos & Townhomes

The median sales price has decreased from $950k last June 2022, to $833k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 3% last June 2022, to 105 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.3% last June 2022, to 102.3% a year later.

Single-Family Homes

The average time spent on the market went down from 15 days last June 2022, to 10 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 16 days in June 2022, to 17 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Newark

What's in the Newark data?

Newark had 51 single-family homes for sale in June, providing the market with 0.7 months of inventory. There were 25 new listings and 25 homes sold, with a median sale price of $1.3m. The median overbid was 107.2%, with an average of 15 days on the market.

Currently, 14 condo and townhome units are for sale, providing the market with 0 2 months of inventory. There were 9 new listings for sale and 7 condos sold, with a median sale price of $930k. The median overbid was 104.2%, with an average of 9 days on the market.

SFH Single-Family Homes

25 New Listings

25 Sold Listings

0.7 Months of Inventory

$1.3M Median Sale Price

107.2% Median Sale vs List

15 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.June

9 New Listings

0.2 Months of Inventory $930K Median Sale Price 104.2% Median Sale vs List
9 Avg Days on Market
Condo & Townhomes
7 Sold Listings CONDO

Last 12 months, year-over-year.

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 75 50 25 0 Newark
2022 - JUNE 2023
JUNE
Single-Family Homes
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 3m since last June 2022

Condos & Townhomes

The median sales price has decreased from $1m last June 2022, to $930k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 3% last June 2022, to 107 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 109.7% last June 2022, to 104.2% a year later.

Single-Family Homes

The average time spent on the market went up from 14 days last June 2022, to 15 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 13 days in June 2022, to 9 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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UnionCity

What's in the Union City data?

In June, Union City had 40 homes for sale, providing the market with only 0.8 months of inventory. There were 27 new listings added and 17 homes sold, with a median sale price of $1.3m. The median overbid was 105.1%, with an average of 9 days on the market.

Currently, 15 condo and townhome units are for sale, providing the market with 0 5 months of inventory. There were 10 new listings added and 8 condos sold, with a median sale price of $695k. The median overbid was 107.4%, with an average of 9 days on the market.

10 New Listings

8 Sold Listings

0.5 Months of Inventory

$695K Median Sale Price

107.4% Median Sale vs List

9 Avg Days on Market

&
CONDO Condo
Townhomes

JUNE 2022 - JUNE 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023
UnionCity

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 3m since last June 2022

Condos & Townhomes

The median sales price has decreased from $810k last June 2022, to $695k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 6% last June 2022, to 105 1% a year later

Condos & Townhomes

The overbid percentage has increased from 103.9% last June 2022, to 107.4% a year later.

Single-Family Homes

The average time spent on the market went down from 19 days last June 2022, to 9 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 10 days in June 2022, to 9 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Hayward

What's in the Hayward data?

In June, Hayward had 149 homes for sale, providing only 0.9 months of inventory, indica a strong seller's market. There were 80 new listings and 62 homes sold, with a median sa price of $917k and a median overbid of 105.6 The average time spent on the market was 1 days.

There are currently 72 condo and townhome for sale with 0.9 months of inventory, indicat relatively balanced market. There were 33 ne listings and 25 condos sold, with a median sa price of $687k and a median overbid of 100.4 The average time spent on the market is curr 18 days.

33 New Listings 0.9 Months of Inventory $687K Median Sale Price 100.4% Median Sale vs List 18 Avg Days on Market 25 Sold Listings CONDO Condo & Townhomes

LISTINGS FOR SALE SOLD LISTINGS

y y

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $950k last June 2022, to $917k as of June 2023

Condos & Townhomes

The median sales price has increased from $652k last June 2022, to $687k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 5% last June 2022, to 105 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.1% last June 2022, to 100.4% a year later.

Single-Family Homes

The average time spent on the market went down from 19 days last June 2022, to 15 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 21 days in June 2022, to 18 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Castro Valley

What's in the Castro Valley data?

In June, Castro Valley had 69 homes for sale and only 0.8 months of inventory. There were 38 new listings and 29 homes sold, with a median sale price of $1.2m and a median overbid of 103.9%.

The average time spent on the market is currently 22 days.

There are currently only 9 condo and townhome units for sale with 0.5 months of inventory. There were 6 new listings, but 5 condos sold, with a median sale price of $1m and a median overbid of 106.1%. The average time on the market is currently 23 days

CONDO

Condo & Townhomes

6 New Listings

5 Sold Listings

0.5 Months of Inventory

$1M Median Sale Price

106.1% Median Sale vs List

23 Avg Days on Market

CastroValley

JUNE 2022 - JUNE 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 4m last June 2022, to $1 2m as of June 2023

Condos & Townhomes

The median sales price has remained at $0 since last June 2022.

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 7% last June 2022, to 103 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 109.1% last June 2022, to 106.1% a year later.

Single-Family Homes

The average time spent on the market has remained at 22 days since last June 2022,

Condos & Townhomes

The average time spent on the market went up from 17 days in June 2022, to 23 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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San Leandro

What's in the Castro Valley data?

In June, San Leandro had 70 single-family homes for sale and only 0.9 months of inventory. There were 43 new listings and 41 homes sold, with a median sale price of $865k and a median overbid percentage of 107.2%. The average number of days on the market is currently 13 days.

There are currently 33 condo and townhome units for sale with 1.6 months of inventory. There were 15 new listings and 10 condos sold, with a median sale price of $520k and an overbid of 101 5% The average time on the market for condos is currently 27 days.

15 New Listings

10 Sold Listings

1.6 Months of Inventory

$520K Median Sale Price

101.5% Median Sale vs List

27 Avg Days on Market

&
CONDO Condo
Townhomes

SanLeandro

JUNE 2022 - JUNE 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $891k last June 2022, to $865k as of June 2023

Condos & Townhomes

The median sales price has decreased from $615k last June 2022, to $520k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 112 2% last June 2022, to 107 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 108.3% last June 2022, to 101.5% a year later.

Single-Family Homes

The average time spent on the market went down from 16 days last June 2022, to 13 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 18 days in June 2022, to 27 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Tri-Cities

Fremont,Newark&UnionCity

What's in the Tri-Cities data?

In June, the Tri-Cities area had 216 homes for sale, providing only 0 8 months of inventory There were 127 new listings and 112 homes sold, with a median sale price of $1.5m and a median overbid of 105.8%. The average time on the market for homes is currently 11 days.

There are currently 151 condo and townhome units for sale with 1 month of inventory. There were 83 new listings and 55 condos sold, with a median sale price of $810k and a median overbid of 103.2%. The average time spent on the market is currently 15 days.

FH ngle-Family Homes

27 Listings

112 Sold Listings

.8 ths of Inventory

$1.5M Median Sale Price

05.8% ian Sale vs List

11 Avg Days on Market

data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

83 New Listings

1 Months of Inventory

15 Avg Days on Market

$810K Median Sale Price
103.2% Median Sale vs List
& Townhomes
55 Sold Listings CONDO Condo

Tri-Cities

JUNE 2022 - JUNE 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 5m since last June 2022

Condos & Townhomes

The median sales price has decreased from $951k last June 2022, to $810k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 15 days last June 2022, to 11 days as of June 2023

Condos & Townhomes

The average time spent on the market has remained at 15 days since June 2022

Overbids

Single-Family Homes

The overbid percentage has increased from 105 2% last June 2022, to 105 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.6% last June 2022, to 103.2% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Pleasanton

What's in the Pleasanton dat

In June, Pleasanton had 91 single-family hom for sale, providing 0.7 months of inventory. Th were 57 new listings and 41 homes sold, with median sale price of $1.7m and a median ove of 103.4%. The average time spent on the ma is currently 13 days.

Currently, only 21 condo and townhome units for sale, providing 0 6 months of inventory Th were 14 new listings and 9 condos sold. The median sale price for condos was $845k, and median overbid was 104.3%. The average tim the market is currently 15 days.

Condo & Town

14 New Listings

0.6 Months of Inventory

$84 Media

104.3% Median Sale vs List Avg Day

S CON

LISTINGS FOR SALE SOLD LISTINGS

n2023 Jun2023 y y

Median SalesPrice

Single-Family Homes

The median sales price has remained from $1 7m last June 2022, to $1 7m as of June 2023

Condos & Townhomes

The median sales price has increased from $777k last June 2022, to $845k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last June 2022, to 13 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 8 days in June 2022, to 15 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100 4% last June 2022, to 103 4% a year later

Condos & Townhomes

The overbid percentage has increased from 102.4% last June 2022, to 104.3% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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SanRamon

What's in the San Ramon data?

In June, San Ramon had 63 single-family homes for sale, providing the market with 0.6 months of inventory. There were 37 new listings, and 38 homes were sold with a median sale price of $1.8m. The median overbid was 103.3%, and the average time spent on the market was 15 days.

There are currently 32 condo and townhome units for sale, providing the market with 2 3 months of inventory. There were 20 new listings for sale, and 17 condos were sold with a median sale price of $853k. The median overbid was 104.4%, and the average time on the market was 14 days.

SFH Single-Family Homes

37 New Listings

38 Sold Listings

0.6 Months of Inventory

$1.8M Median Sale Price

103.3% Median Sale vs List

15 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

20 New Listings

Townhomes

17 Sold Listings

2.3 Months of Inventory

$853K Median Sale Price

104.4% Median Sale vs List

14 Avg Days on Market

CONDO Condo &

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 250 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 125 100 75 50 25 0 SanRamon
JUNE 2023
JUNE 2022 -
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2m last June 2022, to $1 8m as of June 2023

Condos & Townhomes

The median sales price has increased from $750k last June 2022, to $853k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last June 2022, to 15 days as of June 2023

Condos & Townhomes

The average time spent on the market has remained at 14 days since June 2022

Overbids

Single-Family Homes

The overbid percentage has decreased from 103 9% last June 2022, to 103 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.7% last June 2022, to 104.4% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Livermore

What's in the Livermore data?

Livermore had 103 single-family homes for sale in June and 0.6 months of inventory. There were 65 new listings and 67 homes sold, with a median sale price of $1.2m and a median overbid of 104.2%. The average time spent on the market is currently 13 days.

As for condos and townhomes, there are currently only 32 units for sale, providing 0 8 months of inventory. There were 22 new listings and 10 condos sold. The median sale price for condos was $804k, with a median overbid of 101.9%, and the average time spent on the market is currently 10 days.

New Listings
Months of Inventory $804K Median Sale Price 101.9% Median Sale vs List 10 Avg Days on Market 10 Sold Listings
Condo & Townhomes
22
0.8
CONDO

LISTINGS FOR SALE SOLD LISTINGS

y y

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 2m since last June 2022

Condos & Townhomes

The median sales price has increased from $754k last June 2022, to $804k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 23 days last June 2022, to 13 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 12 days in June 2022, to 10 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 104 8% last June 2022, to 104 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.3% last June 2022, to 101.9% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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KellerWilliamsFremont :
39465 Paseo Padre Parkway #1500 Fremont CA 94538

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