MarketReport Market Report for the Fremont area November 2022 Copyright by KW Advisors 2022
Jump to Fremont City Report Fremont Jump to Newark Report Newark Jump to Union City Report Union City Fremont area Jump to Milpitas Report Milpitas Jump to Hayward Report Hayward
Castro Valley
Jump to Castro Valley Report
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 really the question you should be asking yourself
Our market is incredibly diverse, and it's changing rapidly Values vary not just by neighborhood, but by street Your home isn't necessarily worth what your neighbors is At the end of the day, the current market sets the value of your home
So, do you know what your home is worth in today's market?
Contact me for a confidential, no obligation assessment of your home's value.
Icanhelp...
SellYourHouseBefore theHolidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?
If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays
Milpitas
What's in the Milpitas data?
In Milpitas, the median sold price for single-family homes in October remains the same month-over-month to $1.4 million. The number of homes sold decreased to 17, and the number of new listings increased to 56. The number of condo & townhome sales increased to $1.4 million monthover-month with 13 units sold and 47 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
56 New Listings 1.9 Months of Inventory $1.4M Median Sale Price 98.3% Median Sale vs List 32 17 Sold Listings SFH Single Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
47 New Listings 2 Months of Inventory $1.4M Median Sale Price 100% Median Sale vs List 26 Avg Days on Market 13 Sold Listings CONDO Condo & Townhomes
y2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 SALE VS SOLD LISTINGS itas OCTOBER 2021 - OCTOBER 2022 mes year over year. omes year over year
Single Family Homes
The median sales price has remain the same from $1 4mlast year's October to $1 4m this year
Condos & Townhomes
The median sales price has increased from $1m last October 2021 to $1 4m by October 2022
AVGDays OntheMarket
Single Family Homes
The average days on market has increased from 9 days of the same month last year, to 32 days this year.
Condos & Townhomes
The average days on market has gone up from last year's October with 25 days, to 26 days this year
Overbids
Single Family Homes
The overbid percentage has decreased from 108.6% last year's October, to 98.3% this year.
Condos & Townhomes
The overbid percentage decreased from 104 2% of October 2021, to 100% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice
Fremont
What's in the Fremont data?
In Fremont, the median sold price for single-family homes in October decreased month-over-month to $1.4 million. The number of homes sold decreased to 86, and the number of new listings increased to 199. The number of condo & townhome sales decreased month-over-month to $830 thousand with 47 units sold and 135 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
135 New Listings 2.4 Months of Inventory $830K Median Sale Price 97.3% Median Sale vs List 44 Avg Days on Market 47 Sold Listings CONDO Condo & Townhomes
ctober2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 0 0 0 0 0 0 ctober2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 Fremont OCTOBER 2021 - OCTOBER 2022 STINGS FOR SALE VS SOLD LISTINGS
Homes st
& Townhomes st
year
ngle Family
12 months, year over year. ondos
12 months, year over
Single Family Homes
The median sales price has decreased from $1 5m in October 2021 to $1 4m in October 2022
Condos & Townhomes
The median sales price decreased from $940k in October 2021 and $830k in October 2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 12 days last October 2021 to 25 days by October 2022.
Condos & Townhomes
The average days on market increased from 22 days in October 2021 to 44 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 109.2% last October 2021 to 96% a year later.
Condos & Townhomes
The overbid percentage decreased from 103 3% last October 2021 to 97 3% a year later
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021
October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
Median SalesPrice
Newark
What's in the Newark data?
In Newark, the median sold price for single-family homes in October decreased month-over-month to $1.1 million. The number of homes sold decreased to 11, and the number of new listings increased to 65. The number of condo & townhome sales increased month-over-month to $785 thousand with 8 units sold and 17 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
M ce rket
17 New Listings 2.2 Months of Inventory $785K Median Sale Price 94% Median Sale vs List 26 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 125 100 75 50 25 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 75 50 25 0 Newark OCTOBER 2021 - OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price decreased from $1 3m in October 2021 to $1 1m in October 2022
Condos & Townhomes
The median sales price slightly increased from $770k in October 2021 and $785k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 13 days last October 2021 to 32 days by October 2022
Condos & Townhomes
The average days on market increased from 13 days in October 2021 to 26 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 108.9% last October 2021 to 93.8% a year later.
Condos & Townhomes
The overbid percentage decreased from 103 7% last October 2021 to 94% a year later
November2021December2021January2022
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021
October2022
Union City
What's in the Union City data?
In Union City, the median sold price for single-family homes in October increased month-over-month to $1.4 million. The number of homes sold decreased to 23, and the number of new listings also decreased to 59. The number of condo & townhome decreased month-over-month to $520 thousand, with 4 units sold and 29 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
$1.4M Median Sale Price 35 23 Sold Listings omes
Days on Market
Avg
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
29 New Listings 2.9 Months of Inventory $520K Median Sale Price 98.2% Median Sale vs List 21 Avg Days on Market 4 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 125 100 75 50 25 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 60 40 20 0 UnionCity OCTOBER 2021 - OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price has increased from $1 3m last October 2021 to $1 4m on October 2022
Condos & Townhomes
The median sales price has decreased from $775k last October 2021 to $520k on October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market is from 13 days last October 2021 up to 35 days by October 2022.
Condos & Townhomes
The average days on market is from 21 days last October 2021 to still 21 days by October 2022
Overbids
Single Family Homes
The overbid percentage is down to 109.6% last October 2021 which decreased to 96.2% a year later.
Condos & Townhomes
The overbid percentage has gone down from 103 8% last October 2021 to 98 2% a year later.
November2021December2021January2022
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021
September2022October2022
Hayward
What's in the Hayward data?
In Hayward, the median sold price for single-family homes in October decreased month-over-month to $900 thousand. The number of homes sold decreased to 44, and the number of new listings increased to 223. The number of condo & townhome sales decreased month-over-month to $581 thousand, with 26 units sold and 87 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
223 New Listings 1.9 Months of Inventory $900K Median Sale Price Median Sale vs List 35 44 Sold Listings SFH Single Family Homes Avg Days on Market 99.5% The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
87 New Listings 1.9 Months of Inventory $581K Median Sale Price 97.4% Median Sale vs List 35 Avg Days on Market 26 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 400 300 200 100 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 200 150 100 50 0 Hayward OCTOBER 2021 - OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price decreased from $915k in October 2021 to $900k in October 2022
Condos & Townhomes
The median sales price slightly decreased from $610k in October 2021 and $581k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 21 days last October 2021 to 35 days by October 2022.
Condos & Townhomes
The average days on market increased from 23 days in October 2021 to 35 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 107.3% last October 2021 to 99.5% a year later.
Condos & Townhomes
The overbid percentage decreased from 104 4% last October 2021 to 97 4% a year later
November2021December2021January2022
September2022October2022
October2021
February2022March2022April2022May2022June2022July2022August2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 October2021
October2022
Castro Valley
What's in the Castro Valley data?
In Castro Valley, the median sold price for single-family homes in October decreased month-over-month to $1.2 million. The number of homes sold decreased to 35, and the number of new listings increased to 86. The number of condo & townhome sales decreased month-over-month to $610 thousand with 4 units sold and 14 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
6 Listings .3 hs of Inventory $1.2M Median Sale Price an Sale vs List 28 35 Sold Listings FH gle Family Homes Avg Days on Market 7.3% The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
14 New Listings 2.2 Months of Inventory $610K Median Sale Price 97.3% Median Sale vs List 10 Avg Days on Market 4 Sold Listings CONDO Condo & Townhomes
ugust2022September2022October2022 gust2022September2022October2022 NGS y y
Single Family Homes
The median sales price slightly decreased from $1 277m in October 2021 to $1 2m in October 2022
Condos & Townhomes
The median sales price decreased from $750k in October 2021 and $610k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 12 days last October 2021 to 28 days by October 2022.
Condos & Townhomes
The average days on market decreased from 24 days in October 2021 to 10 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 107.5% last October 2021 to 97.3% a year later.
Condos & Townhomes
The overbid percentage decreased from 104 6% last October 2021 to 97 3% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
$0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$1,500,000 $1,000,000 $500,000
Median SalesPrice
San Leandro
What's in the San Leandro data?
In San Leandro, the median sold price for single-family homes in October increased month-over-month to $862 thousand. The number of homes sold decreased to 50, and the number of new listings increased to 107. Similarly to last month, the number of condo and townhome sales increased month-overmonth to $585 thousand, with 9 units sold and 39 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
107 New Listings 1.7 Months of Inventory $862K Median Sale Price 94.8% Median Sale vs List 24 50 Sold Listings SFH Single Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
39 New Listings 2.7 Months of Inventory $585K Median Sale Price 101.7% Median Sale vs List 25 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 200 150 100 50 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 60 40 20 0 SanLeandro OCTOBER 2021 - OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year
Single Family Homes
The median sales price is up $852k from October 2021 to $862k on October 2022
Condos & Townhomes
The median sales price has increased from $535k last October 2021 to $585k on October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market is from 16 days last October 2021 up to 24 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 19 days up to 25 days on October 2022
Overbids
Single Family Homes
The overbid percentage is down to 107.1% last October 2021 which decreased to 94.8% a year later.
Condos & Townhomes
The overbid percentage has gone down from 105% last October 2021 to 101 7% a year later
November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 October2021
October2022
Median SalesPrice
Tri-Cities
What's in the Tri-Cities data?
In the Tri-Cities, the median sold price for single-family homes in October decreased month-over-month to $1.4 million. The number of homes sold decreased to 120, and the number of new listings increased to 323. The number of condo & townhome sales decreased month-over-month to $798 thousand with 59 units sold and 181 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
Fremont,Newark&UnionCity
s ventory $1.4M Median Sale Price 9% vs List 28 120 Sold Listings H Family Homes Avg Days on Market The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated.
DRE# 01345026.
181 New Listings 2.4 Months of Inventory $798K Median Sale Price 96.9% Median Sale vs List 38 Avg Days on Market 59 Sold Listings CONDO Condo & Townhomes
y y
Median SalesPrice
Single Family Homes
The median sales price slightly decreased from $1 450m in October 2021 to $1 415 in October 2022
Condos & Townhomes
The median sales price decreased from $855k in October 2021 and $798k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 13 days last October 2021 to 28 days by October 2022.
Condos & Townhomes
The average days on market increased from 21 days in October 2021 to 38 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 109.2% last October 2021 to 95.5% a year later.
Condos & Townhomes
The overbid percentage decreased from 103 4% last October 2021 to 96 9% a year later
December2021
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
December2021January2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021November2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022
Pleasanton
What's in the Pleasanton data?
In Pleasanton, the median sold price for single-family homes in October decreased month-over-month to $1.6 million. The number of homes sold decreased to 35, and the number of new listings increased to 103. The number of condo & townhome sales increased month-over-month to $847 thousand with 12 units sold and 36 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
y $1.6M Median Sale Price 31 Avg Days on Market 35 Sold Listings ly Homes
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
36 New Listings 2.1 Months of Inventory $847K Median Sale Price 94.4% Median Sale vs List 39 Avg Days on Market 12 Sold Listings CONDO Condo & Townhomes
July2022August2022September2022October2022 July2022August2022September2022October2022 STINGS y y
Median SalesPrice
Single Family Homes
The median sales price decreased from $1 7m in October 2021 to $1 6m in October 2022
Condos & Townhomes
The median sales price increased from $790k in October 2021 and $847k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 11 days last October 2021 to 31 days by October 2022.
Condos & Townhomes
The average days on market decreased from 24 days in October 2021 to 10 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 103.8% last October 2021 to 94.4% a year later.
Condos & Townhomes
The overbid percentage decreased from 101 3% last October 2021 to 94 9% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
September2022October2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022August2022
San Ramon
What's in the San Ramon data?
In San Ramon, the median sold price for single-family homes in October decreased month-over-month to $1.7 million. The number of homes sold decreased to 39, and the number of new listings increased to 94. The number of condo & townhome sales increased month-over-month to $928 thousand with 22 units sold and 60 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
entory $1.7M Median Sale Price 6% vs List 28 39 Sold Listings H amily Homes Avg Days on Market
data
single-family, townhome, and condominium sales
The
includes all
in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
CONDO Condo & Townhomes 60 New Listings 2.3 Months of Inventory $928K Median Sale Price 96.1% Median Sale vs List 29 Avg Days on Market 22 Sold Listings
1December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 ecember2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 S FOR SALE VS SOLD LISTINGS nRamon OCTOBER 2021 - OCTOBER 2022 mily Homes months, year over year. & Townhomes Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price slightly decreased from $1 760m in October 2021 to $1 750m in October 2022
Condos & Townhomes
The median sales price increased from $875k in October 2021 and $928k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 12 days last October 2021 to 28 days by October 2022.
Condos & Townhomes
The average days on market increased from 16 days in October 2021 to 29 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 111.3% last October 2021 to 95.6% a year later.
Condos & Townhomes
The overbid percentage decreased from 105 1% last October 2021 to 96 1% a year later
November2021December2021January2022
December2021
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Livermore
What's in the Livermore data?
In Livermore, the median sold price for single-family homes in October increased month-over-month to $1.1 million. The number of homes sold decreased to 65, and the number of new listings increased to 188. The number of condo & townhome sales decreased month-over-month to $825 thousand with 8 units sold and 27 new listings.Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
CONDO Condo & Townhomes 27 New Listings 1.7 Months of Inventory $825K Median Sale Price 94.9% Median Sale vs List 53 Avg Days on Market 8 Sold Listings
2022 July2022August2022September2022October2022 2022 July2022August2022September2022October2022 LISTINGS Last 12 months, year over year
Single Family Homes
The median sales price slightly increased from $1 1m in October 2021 to $1 169m in October 2022
Condos & Townhomes
The median sales price slightly decreased from $835k in October 2021 and $825k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 19 days last October 2021 to 34 days by October 2022.
Condos & Townhomes
The average days on market increased from 21 days in October 2021 to 53 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 101% last October 2021 to 94.1% a year later.
Condos & Townhomes
The overbid percentage decreased from 102 1% last October 2021 to 94 9% a year later
60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 $1,500,000 $1,000,000 $500,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022
Median SalesPrice
39465 Paseo Padre Parkway #1500 Fremont CA 94538 KellerWilliamsFremont :
