Market Report
March 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 reallyworthintoday’s market?
That's really 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. At the end of the day, 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.
IsItReallyBetterToRent ThanToOwnaHomeRight Now?
You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.
A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.
Milpitas
What's in the Milpitas data?
In February, Milpitas had a total of 41 homes for sale, providing the market with only 0.9 months of inventory. There were 41 new listings and a total of 13 homes sold, with a median sale price of $1.4m. The median overbid was 101.6%, with an average of 28 days on the market.
There are currently 44 condo and townhome units for sale, providing the market with 1.3 months of inventory. There were 44 new listings this month and a total of 11 condos sold, with a median sale price of $870k The median overbid was 95.5%, with an average of 23 days on the market.
Overall, the Milpitas real estate market for both single-family home and condos has continued to experience strong demand, with relatively low inventory levels.
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
44 New Listings 1.3 Months of Inventory $870K Median Sale Price 95.5% Median Sale vs List 23 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes
ptember2022October2022November2022December2022January2023February2023 eptember2022October2022November2022December2022January2023February2023 FEBRUARY 2022 - FEBRUARY 2023 . LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 5m last February 2022, to $1 4m as of February 2023
The median sales price has decreased from $1m last February 2022, to $870k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 116 6% last February 2022, to 101 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 112.8% last February 2022, to 95.5% a year later
The average days on market went up from 13 days last February 2022, to 28 days as of February 2023
The average days on market went up from 7 days in February 2022, to 23 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 75 50 25 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
Condos & Townhomes
AVGDays OntheMarket
Condos & Townhomes
Single-Family Homes
Back to Table of Contents
Fremont
What's in the Fremont data?
In February, Fremont had a total of 110 homes for sale, providing the market with only 1 month of inventory. There were 110 new listings and a total of 39 homes sold, with a median sale price of $1.5m. The median overbid was 98.6% with an average of 20 days on the market.
There are currently 111 condo and townhome units for sale, providing the market with 1.1 months of inventory There were a total of 18 condos sold, with a median sale price of $720k. The median overbid was 101.6%with an average of 32 days on the market.
Overall, the Fremont real estate market for both single-family homes and condos has continued to experience strong demand, with relatively low inventory levels
HFamily Homes
nventory
39 Sold Listings
$1.5M Median Sale Price
6% vs List
20 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
s
New
Months of Inventory
Median Sale Price
Median Sale vs List
Avg
on Market
Sold
Condo & Townhomes
111
Listings 1.1
$720K
101.6%
32
Days
18
Listings CONDO
June2022 July2022August2022September2022October2022November2022December2022January2023February2023 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 ont FEBRUARY 2022 - FEBRUARY 2023 es ar-over-year. mes ar-over-year LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m last February 2022, to $1 5m as of February 2023
Condos & Townhomes
The median sales price has decreased from $819k last February 2022, to $720k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 117% last February 2022, to 98 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.9% last February 2022, to 101.6% a year later
Single-Family Homes
The average days on market went up from 8 days last February 2022, to 20 days as of February 2023
Condos
The average days on market went up from 11 days in February 2022, to 32 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 50 40 30 20 10 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
& Townhomes
Back to Table of Contents
Newark
What's in the Newark data?
In February, Newark had a total of 33 singlefamily homes for sale, providing the market with 2.1 months of inventory. There were 33 new listings and a total of 17 homes sold, with a median sale price of $1.2m. The median overbid was 100.3% with an average of 19 days on the market
There are currently a total of 9 condo and townhome units for sale, providing the market with 1.2 months of inventory.There were 9 new listings for sale and a total of 8 condos sold, with a median sale price of $817k. The median overbid was 100.3%, with an average of 54 days on the market
Overall, the market for both single-family homes and condos has experienced strong demand, with relatively low inventory levels.
MThe data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
t
CONDO
Condo & Townhomes
9 New Listings
8 Sold Listings
1.2 Months of Inventory
$817K Median Sale Price
100.3% Median Sale vs List
54 Avg Days on Market
ry2023 uary2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 3m last February 2022, to $1 2m as of February 2023
Condos & Townhomes
The median sales price has decreased from $875k last February 2022, to $817k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 3% last February 2022, to 100 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 112.6% last February 2022, to 100.3% a year later
Single-Family Homes
The average days on market went up from 6 days last February 2022, to 19 days as of February 2023
Condos & Townhomes
The average days on market went up from 16 days in February 2022, to 55 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 60 40 20 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents
UnionCity
What's in the Union City data?
In February, Union City had 30 homes for sale, providing the market with only 0.4 months of inventory. There were 30 new listings added and 18 homes sold, with a median sale price of $1.3m. The median overbid was 99.1%, with an average of 21 days on the market.
There are currently 12 condo and townhome units for sale, providing the market with 1.8 months of inventory. There were 12 new listings added and 4 condos sold, with a median sale price of $528k The median overbid was 92 3%, with an average of 22 days on the market.
Overall, the Union City real estate market has seen strong demand for both single-family homes and condos, with low inventory levels particularly impacting the market for singlefamily homes.
Homes
18 Sold Listings
$1.3M Median Sale Price
21 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
CONDO
Condo & Townhomes
12 New Listings
4 Sold Listings
1.8 Months of Inventory
$528K Median Sale Price
92.3% Median Sale vs List
40 Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 6m last February 2022, to $1 3m as of February 2023
Condos & Townhomes
The median sales price has decreased from $692k last February 2022, to $528k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 1% last February 2022, to 99 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.5% last February 2022, to 92.3% a year later
Single-Family Homes
The average days on market went up from 8 days last February 2022, to 21 days as of February 2023
Condos & Townhomes
The average days on market went up from 11 days in February 2022, to 40 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 75 50 25 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents
Hayward
What's in the Hayward data?
In February, Hayward had 133 homes for sale, providing only 0 9 months of inventory, indicating a strong seller's market. There were 133 new listings and 49 homes sold, with a median sale price of $875k and a median overbid of 100.4%. The average time spent on the market was 31 days.
There are currently 46 condo and townhome units for sale with 1 9 months of inventory, indicating a relatively balanced market. There were 46 new listings and 17 condos sold, with a median sale price of $622k and a median overbid of 96.2%. The average time spent on the market is currently 22 days
Overall, the market for single-family homes and condos in Hayward continues to be strong and competitive for buyers, with high demand and low inventory levels.
SFH Single-Family Homes
133 New Listings
49 Sold Listings
0.9 Months of Inventory
$875K Median Sale Price
100.4% Median Sale vs List
31 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
46 New Listings
17 Sold Listings
1.9 Months of Inventory
$622K Median Sale Price
96.2% Median Sale vs List
22 Avg Days on Market
CONDO Condo & Townhomes
Last
Last 12 months,
February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 400 300 200 100 0 February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 150 100 50 0 Hayward FEBRUARY 2022 - FEBRUARY 2023
Homes
Single-Family
12 months, year-over-year.
& Townhomes
Condos
year-over-year LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1m last February 2022, to $875k as of February 2023
Condos & Townhomes
The median sales price has increased from $615k last February 2022, to $622k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 115 4% last February 2022, to 100 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.4% last February 2022, to 96.2% a year later
Single-Family Homes
The average days on market went up from 11 days last February 2022, to 31 days as of February 2023
Condos
The average days on market went up from 16 days in February 2022, to 22 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 75 50 25 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
OntheMarket
AVGDays
& Townhomes
Back to Table of Contents
Castro Valley
What's in the Castro Valley
In February, Castro Valley had 46 homes for sale and only 1 month of inventory. There were 46 new listings and 15 homes sold, with a median sale price of $1m and a median overbid of 99.0%. The average time spent on the market for homes is currently 30 days.
There are currently only 5 condo and townhome units for sale with 0.7 months of inventory. There were 5 new listings, but no condos sold during that month. The median sale price and median sale over ask percentage was at 0. The average time on the market is currently 21 days.
Overall, the market for single-family homes in Castro Valley is strong, with high demand and low inventory, while the market for condos is relatively slow.
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
gs
Inventory $1M Median Sale Price 0% e vs List 15 Sold Listings
H-Family
Homes 30 Avg Days on Market
CONDO
Condo & Townhomes
5 New Listings
0 Sold Listings
0.7 Months of Inventory
$0 Median Sale Price
0% Median Sale vs List
21 Avg Days on Market
2 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 2 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 CastroValley FEBRUARY 2022 - FEBRUARY 2023 le-Family Homes 12 months, year-over-year. dos & Townhomes 12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 3m last February 2022, to $1m as of February 2023
Condos
The median sales price has decreased from $875k last February 2022, to $0 as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 1% last February 2022, to 99% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.1% last February 2022, to 0% a year later
Single-Family
The average days on market went up from 7 days last February 2022, to 30 days as of February 2023
Condos
The average days on market went up from 21 days in February 2022, to 21 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125 100 75 50 25 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
& Townhomes
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
San Leandro
What's in the San Leandro data?
In February, San Leandro had 67 single-family homes for sale and only 0.7 months of inventory. There were 67 new listings and 25 homes sold, with a median sale price of $778k and a median overbid percentage of 101.4%. The average number of days on the market is currently 22 days.
There are currently 22 condo and townhome units for sale with 1.7 months of inventory. There were 22 new listings and 4 condos sold, with a median sale price of $559k and a median overbid of 101.4%. The average time on the market for condos is currently 10 days
Overall, the market for single-family homes and condos in San Leandro continues to be strong and competitive for buyers, with high demand and low inventory levels for single-family homes, while the market for condos is relatively balanced.
SFH Single-Family Homes
67 New Listings
25 Sold Listings
0.7 Months of Inventory
$778K Median Sale Price
101.4% Median Sale vs List
22 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
CONDO
Condo & Townhomes
22 New Listings
4 Sold Listings
1.7 Months of Inventory
$559K Median Sale Price
101.4% Median Sale vs List
10 Avg Days on Market
022November2022December2022January2023February2023 2022November2022December2022January2023February2023 o LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $999k last February 2022, to $778k as of February 2023
Condos & Townhomes
The median sales price has increased from $545k last February 2022, to $559k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 121,1% last February 2022, to 101 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 104.7% last February 2022, to 101.4% a year later
Single-Family Homes
The average days on market went up from 9 days last February 2022, to 22 days as of February 2023
Condos
The average days on market went down from 18 days in February 2022, to 10 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 60 40 20 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
& Townhomes
Back to Table of Contents
Tri-Cities
Fremont,Newark&UnionCity
What's in the Tri-Cities data?
In February, the Tri-Cities area had 173 homes for sale, providing only 1 month of inventory. There were 173 new listings and 74 homes sold, with a median sale price of $1.4m and a median overbid of 99.1%. The average time on the market for homes is currently 20 days
There are currently 132 condo and townhome units for sale with 1.1 months of inventory. There were 132 new listings and 30 condos sold during that month, with a median sale price of $708k, and a median overbid of 100.3%. The average time spent on the market is currently 34 days.
Overall, the market for both single-family homes and condos in the Tri-Cities area is strong, with high demand and low inventory for single-family homes, while the market for condos is also active but with more inventory available.
% st
mily Homes 20 Avg Days on Market
74 Sold Listings
$1.4M Median Sale Price
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
ry
132 New Listings
30 Sold Listings
1.1 Months of Inventory
$708K Median Sale Price
100.3% Median Sale vs List
34 Avg Days on Market
CONDO Condo & Townhomes
June2022 July2022August2022September2022October2022November2022December2022January2023February2023 2 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 Cities FEBRUARY 2022 - FEBRUARY 2023 mes ear-over-year. omes ear-over-year LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m last February 2022, to $1 4m as of February 2023
Condos & Townhomes
The median sales price has decreased from $832k last February 2022, to $708k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 117 4% last February 2022, to 99 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.9% last February 2022, to 100.3% a year later
Single-Family Homes
The average days on market went up from 7 days last February 2022, to 20 days as of February 2023
Condos
The average days on market went up from 11 days in February 2022, to 34 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 50 40 30 20 10 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
& Townhomes
Back to Table of Contents
Pleasanton
What's in the Pleasanton data?
In February, Pleasanton had 54 single-family homes for sale and only 1.1 months of inventory. There were 54 new listings and 17 homes sold, with a median sale price of $1.6m and a median overbid of 94.9%. The average time spent on the market is currently 17 days
There are currently only 21 condo and townhome units for sale, with 0.2 months of inventory. There were 21 new listings, and 8 condos sold. The median sale price for condos was $734k, and the median overbid was 97.5%. The average time on the market is currently 13 days
Overall, the market for single-family homes in Pleasanton remains highly competitive, while the market for condos is even more so, with low inventory and high demand.
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
e
gs n
6M
Price
Market
CONDO
Condo & Townhomes
21 New Listings
8 Sold Listings
0.2 Months of Inventory
$734K Median Sale Price
97.5% Median Sale vs List
13 Avg Days on Market
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 250 200 150 100 50 0 February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 60 40 20 0 Pleasanton FEBRUARY 2022 - FEBRUARY 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m last February 2022, to $1 6m as of February 2023
Condos & Townhomes
The median sales price has decreased from $785k last February 2022, to $734k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 110 4% last February 2022, to 94 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 108.4% last February 2022, to 97.5% a year later
Single-Family Homes
The average days on market went up from 6 days last February 2022, to 17 days as of February 2023
Condos
The average days on market went up from 6 days in February 2022, to 13 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 50 40 30 20 10 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
& Townhomes
Back to Table of Contents
SanRamon
What's in the San Ramon data?
In February, San Ramon had 38 single-family homes for sale, which is providing the market with 0.9 months of inventory. There were 38 new listings, and 14 homes were sold with a median sale price of $1.7m. The median overbid was 92.6%, and the average time spent on the market was 18 days.
There are currently 31 condo and townhome units for sale, providing the market with 1.1 months of inventory. There were 31 new listings for sale, and 9 condos were sold with a median sale price of $813k. The median overbid was 97.4%, and the average time on the market was 24 days.
mes
14 old Listings
$1.7M edian Sale Price
18 vg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
CONDO
Condo & Townhomes
31 New Listings
9 Sold Listings
1.1 Months of Inventory
$813K Median Sale Price
97.42% Median Sale vs List
24 Avg Days on Market
y2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 y2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 Ramon FEBRUARY 2022 - FEBRUARY 2023 omes year-over-year. homes year-over-year
FOR SALE SOLD LISTINGS
LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m last February 2022, to $1 7m as of February 2023
Condos & Townhomes
The median sales price has increased from $800k last February 2022, to $813k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 115 8% last February 2022, to 92 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.7% last February 2022, to 97.4% a year later
AVGDays OntheMarket
Single-Family Homes
The average days on market went up from 6 days last February 2022, to 18 days as of February 2023
Condos
The average days on market went up from 6 days in February 2022, to 24 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 75 50 25 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
& Townhomes
Back to Table of Contents
Livermore
What's in the Livermore data?
In February, Livermore had a total of 84 singlefamily homes for sale and 0.8 months of inventory. There were 84 new listings, and 47 homes sold, with a median sale price of $1m and a median overbid of 99.9%. The average time spent on the market is currently 17 days.
As for condos and townhomes, there are currently only 19 units for sale, with 0.5 months of inventory. There were 19 new listings and 9 condos sold. The median sale price for condos was $800k, with a median overbid of 99 1%, and the average time spent on the market is currently 11 days.
Overall, Livermore remains a highly competitive market for both single-family homes and condos, with low inventory and high demand driving up prices.
SFH Single-Family Homes
84 New Listings
47 Sold Listings
0.8 Months of Inventory
$1M Median Sale Price
99.9% Median Sale vs List
17 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics on March 3rd. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
19
New
Months of Inventory
Median Sale Price
Median Sale vs List
Condo & Townhomes
Listings 0.5
$800K
99.1%
12 Avg Days on Market 9 Sold Listings CONDO
22 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 Livermore FEBRUARY 2022 - FEBRUARY 2023 gle-Family Homes t 12 months, year-over-year. dos & Townhomes t 12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 2m last February 2022, to $1m as of February 2023
Condos & Townhomes
The median sales price has decreased from $873k last February 2022, to $800k as of February 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 116 1% last February 2022, to 99 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.3% last February 2022, to 99.1% a year later
Single-Family Homes
The average days on market went up from 8 days last February 2022, to 17 days as of February 2023
Condos
The average days on market went up from 6 days in February 2022, to 12 days as of February 2023.
February2022March2022April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023 $1,500,000 $1,000,000 $500,000 $0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 60 40 20 0 February2022March2022April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
& Townhomes
Back to Table of Contents
KellerWilliamsFremont :
39465 Paseo Padre Parkway #1500 Fremont CA 94538
