Market Report for Oakland area November 2022

Page 1

Copyright by KW Advisors 2022
MarketReport Market Report for the Oakland area November 2022.

Oakland area

Alameda

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Albany

Jump to Albany Report

Berkeley

Jump to Berkeley Report

Castro Valley

Jump to Castro Valley Report

El Cerrito

Jump to El Cerrito Report

El Sobrante

Jump to El Sobrante Report

Emeryville

Jump to Emeryville Report

Fremont

Jump to Fremont Report

Hayward

Jump to Hayward Report

Lafayette

Jump to Lafayette Report

Moraga

Jump to Moraga Report

Newark

Jump to Newark Report

Oakland

Jump to Oakland Report

Orinda

Jump to Orinda Report

Piedmont

Jump to Piedmont Report

Pleasanton

Jump to Pleasanton Report

Richmond

Jump to Richmond Report

San Leandro

Jump to San Leandro Report

San Lorenzo

Jump to San Lorenzo Report

San Pablo

Jump to San Pablo Report

Union City

Jump to Union City Report

What’syourhome reallyworthin today’smarket?

That's 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

Alameda

What's in the Alameda data?

In Alameda, the median sold price for single-family homes in October decreased month-over-month to $1.37 million. The number of homes sold decreased to 40, and the number of new listings decreased to 77. The number of condo & townhome sales increased month-over-month to $900 thousand with 14 units sold and 42 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$1.3M Median Sale Price 4% List 17 40 Sold Listings
ntory
mily Homes
Avg Days on Market
42 New Listings 1.8 Months of Inventory $900K Median Sale Price 105.2% Median Sale vs List 33 Avg Days on Market 14 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 150 100 50 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 75 50 25 0 LISTINGS FOR SALE VS SOLD LISTINGS Alameda OCTOBER 2021 - OCTOBER 2022 Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1.38m last October 2021 to $1.37m in October 2022.

Condos & Townhomes

The median sales price has increased from $893k last October 2021 to $900k in October 2022.

AVGDays OntheMarket

Single Family Homes

The average days on market is from 20 days last October 2021 down to 17 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 22 days up to 33 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 116.6% last October 2021 to 108.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 107 7% last October 2021 to 105.2% a year later.

December2021
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021November2021
September2022October2022

Albany

What's in the Albany data?

In Albany, 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 6, and the number of new listings also decreased to 5. The number of condo & townhome sales increased month-over-month to $585 thousand with 3 units sold and 20 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.

5 New Listings 1.5 Months of Inventory $1.1M Median Sale Price 123.6% Median Sale vs List 8 6 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022.
rights reserved. Each Office Is Independently Owned and Operated.
Avg Days on Market
All
DRE#02029039.
20 New Listings 8.5 Months of Inventory $585K Median Sale Price 96.1% Median Sale vs List 91 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 Albany OCTOBER 2021 - OCTOBER 2022 TINGS FOR SALE VS SOLD LISTINGS le Family Homes 12 months, year over year. dos & Townhomes 12 months, year over year

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 4m October 2021 to $1 1m in October 2022

Condos & Townhomes

The median sales price has increased from $555k last October 2021 to $585k in October 2022.

AVGDays OntheMarket

Single Family Homes

The average days on the market is from 15 days last October 2021 down to 8 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 17 days up to 91 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 131.2% last October 2021 to 123.6% a year later.

Condos & Townhomes

The overbid percentage has gone down from 105.2% last October 2021 to 96.1% a year later.

November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
100 75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
October2022

Berkeley

What's in the Berkeley data?

In Berkeley, 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 44, and the number of new listings also decreased to 134. The number of condo & townhome sales increased month-over-month to $876 thousand with 8 units sold and 22 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.

Homes

44 Sold Listings

% 19

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$1.4M
Median Sale Price
22 New Listings 1.7 Months of Inventory $876K Median Sale Price 102.4% Median Sale vs List 33 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes
y y

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 7m last October 2021 to $1 4m in October 2022

Condos & Townhomes

The median sales price has increased from $749k last October 2021 to $876k n October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 18 days last October 2021 up to 19days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 39 days down to 33 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 123% last October 2021 to 110 7% a year later

Condos & Townhomes

The overbid percentage has gone down from 104 8% last October 2021 to 102 4% a year later

November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 150% 100% 50% 0%
$2,000,000 $1,500,000 $1,000,000 $500,000 $0
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 also 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.

14 New Listings 2.2 Months of Inventory $610K Median Sale Price 97.3% Median Sale vs List 11 Avg Days on Market 4 Sold Listings CONDO Condo & Townhomes
y y

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 27m last October 2021 to $1 20m in October 2022

Condos & Townhomes

The median sales price has decreased from $750k last October 2021 to $610k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 12 days last October 2021 up to 28 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 24 days down to 10 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 107 5% last October 2021 to 97 3% a year later

Condos & Townhomes

The overbid percentage has gone down 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

ElCerrito

What's in the El Cerrito data?

In El Cerrito, 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 18, and the number of new listings also decreased to 46. The number of condo & townhome sales decreased monthover-month to $585 million with 3 units sold and 8 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.

46 New Listings 1.4 Months of Inventory $1.1M Median Sale Price 110.4% Median Sale vs List 19 Avg Days on Market 18 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
8 New Listings 0 Months of Inventory $585K Median Sale Price 103.1% Median Sale vs List 0 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
uary2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 February2022 March2022 April2022 May2022 June2022 July2022 August2022September2022 rito OCTOBER 2021 - OCTOBER 2022 SALE VS SOLD LISTINGS s r over year. es y r over year

Single Family Homes

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

Condos & Townhomes

The median sales price has decreased from $870k last October 2021 to $585k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 16 days last October 2021 to 19 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 82 days down to 0 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 115 2% last October 2021 to 110 4% a year later

Condos & Townhomes

The overbid percentage has gone up from 101 7% last October 2021 to 103 1% a year later

November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
200 150 100 50 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 150% 100% 50% 0%
October2021
August2022
$1,500,000 $1,000,000 $500,000 $0 October2021
October2022
Median SalesPrice

El Sobrante

What's in the El Sobrante data?

In El Sobrante, the median sold price for single-family homes in October decreased month-over-month to $697 thousand. The number of homes sold decreased to 5, and the number of new listings also decreased to 26. The number of condo & townhome sales slightly decreased month-over-month to $0 with 0 unit sold and 3 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office

K
3 New Listings 2 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 11 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes 7
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 60 40 20 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 15 10 5 0 ElSobrante 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 has decreased from $790k last October 2021 2021 to $697k on October 2022

Condos & Townhomes

The median sales price has decreased from $389k last October 2021 to $0 in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 16 days last October 2021 up to 31 days by October 2022

Condos & Townhomes

The average days on market is from 6 days last October 2021 up to 11 days by October 2022

Overbids

Single Family Homes

The overbid percentage has decreased 105 9% last October 2021 to 94 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 103 7% last October 2021 to 0% a year later

November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
$1,000,000 $750,000 $500,000 $250,000 $0
Median SalesPrice

Emeryville

What's in the Emeryville data?

In Emeryville, the median sold price for single-family homes in October has increased to $599 thousand. The number of homes increased to 1, and the number of new listings also increased to 5. The number of condo & townhome sales slightly increased month-over-month to $570 thousand with 9 units sold and 42 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.

mily Homes

st

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$599K
ory
Median Sale Price
15
1 Sold Listings
42 New Listings 3 Months of Inventory $570K Median Sale Price 98.5% Median Sale vs List 43 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
022 022 y
y

Single Family Homes

The median sales price has increased from $0 October 2021 to $599k in October 2022

Condos & Townhomes

The median sales price has slightly increased from $565k last October 2021 to $570k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 9 days last October 2021 up to 15 days by October 2022

Condos & Townhomes

The average days on market lis from October 2021 is 31 days up to 43 days in October 2022

Overbids

Single Family Homes

The overbid percentage has increased from 0% last October 2021 to 100% a year later

Condos & Townhomes

The overbid percentage has gone down from 103% last October 2021 to 98 5% a year later

60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
September2022October2022 150% 100% 50% 0%
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 $1,500,000 $1,000,000 $500,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022August2022
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.

199 New Listings 1.8 Months of Inventory $1.4M Median Sale Price 96% Median Sale vs List 25 Avg Days on Market 86 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are
to revision. © 2022.
reserved.
Is
Owned and
subject
All rights
Each Office
Independently
Operated. DRE#02029039.
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
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 500 400 300 200 100 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 300 200 100 0 Fremont 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 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
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 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

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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

ntory $900 Median Sale Price %
s List 35 Avg Days on Market 44 Sold Listings amily Homes
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
022 June2022 July2022August2022September2022October2022 022 June2022 July2022August2022September2022October2022 OLD LISTINGS y y

Median SalesPrice

Single Family Homes

The median sales price slightly decreased from $915k in October 2021 to $900k in October 2022

Condos & Townhomes

The median sales price 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

November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 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

Lafayette

What's in the Lafayette data?

In Lafayette, the median sold price for single-family homes in October decreased month-over-month to $1.3 million. The number of homes sold decreased to 19, and the number of new listings increased to 73. The number of condo & townhome sales decreased month-over-month to $850 thousand with 3 units sold and 9 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.

9 New Listings 3.5 Months of Inventory $850K Median Sale Price 98.1% Median Sale vs List 58 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
22February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 22February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 yette OCTOBER 2021 - OCTOBER 2022 SALE VS SOLD LISTINGS mes ear over year. mes year over year

Single Family Homes

The median sales price decreased from $1 9m in October 2021 to $1 3m in October 2022

Condos & Townhomes

The median sales price decreased from $1 3m in October 2021 and $850k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market stays at 23 days for October 2021 and October 2022

Condos & Townhomes

The average days on market increased from 55 days in October 2021 to 58 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 107 3% last October 2021 to 97% a year later

Condos & Townhomes

The overbid percentage slightly decreased from 98 8% last October 2021 to 98 1% a year later

November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
$0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
$3,000,000 $2,000,000 $1,000,000
Median SalesPrice

Moraga

What's in the Moraga data?

In Moraga, the median sold price for single-family homes in October increased month-over-month to $2.3 million. The number of homes sold decreased to 9, and the number of new listings decreased to 20. The number of condo & townhome sales increased month-over-month to $617 thousand with 6 units sold and 15 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.

20 New Listings 2.3 Months of Inventory $2.3M Median Sale Price 99.7% Median Sale vs List 10 Avg Days on Market 9 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
15 New Listings 2.2 Months of Inventory $617K Median Sale Price 105.6% Median Sale vs List 22 Avg Days on Market 6 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 40 30 20 10 0 LISTINGS FOR SALE VS SOLD LISTINGS Moraga OCTOBER 2021 - OCTOBER 2022
Family Homes
12 months, year over year. Condos & Townhomes
12 months, year over year
Single
Last
Last

Median SalesPrice

Single Family Homes

The median sales price increased from $1 7m in October 2021 to $2 3m in October 2022

Condos & Townhomes

The median sales price increased from $530k in October 2021 and $617k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market decreased from 18 days last October 2021 to 10 days by October 2022

Condos & Townhomes

The average days on market slightly decreased from 24 days in October 2021 to 22 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 111% last October 2021 to 99 7% a year later

Condos & Townhomes

The overbid percentage increased from 103 8% last October 2021 to 105 6% a year later

November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021

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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$1.1M Median Sale Price 8%
List 32 Avg Days
Market 11
Listings
ventory
vs
on
Sold
H amily Homes
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 LISTINGS FOR SALE VS SOLD LISTINGS Newark OCTOBER 2021 - OCTOBER 2022 Single Family Homes Last 12 months, year over year. Condos & Townhomes Last 12 months, year over year

Median SalesPrice

Single Family Homes

The median sales price 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

December2021
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
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 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022

Oakland

What's in the Oakland data?

In Oakland, the median sold price for single-family homes in October decreased month-over-month to $1 million. The number of homes sold decreased to 173, and the number of new listings increased to 736. The number of condo & townhome sales decreased month-over-month to $550 thousand with 39 units sold and 251 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

$1M
Median Sale Price 30
Avg Days on Market 173 Sold Listings Homes
251 New Listings 3.1 Months of Inventory $550K Median Sale Price 97% Median Sale vs List 43 Avg Days on Market 39 Sold Listings CONDO Condo & Townhomes
ctober2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 0 0 0 0 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 00 00 00 00 00 0 ISTINGS FOR SALE VS SOLD LISTINGS Oakland OCTOBER 2021 - OCTOBER 2022 ingle Family Homes ast 12 months, year over year. ondos & Townhomes ast 12 months, year over year

Single Family Homes

The median sales price decreased from $1 1m in October 2021 to $1m in October 2022

Condos & Townhomes

The median sales price decreased from $700k in October 2021 and $550k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased from 23 days last October 2021 to 30 days by October 2022

Condos & Townhomes

The average days on market increased from 37 days in October 2021 to 43 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 121 5% last October 2021 to 111 9% a year later

Condos & Townhomes

The overbid percentage decreased from 106 7% last October 2021 to 97% a year later

December2021
December2021January2022February2022March2022April2022May2022June2022July2022August2022
60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
August2022September2022October2022 150% 100% 50% 0%
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 $1,500,000 $1,000,000 $500,000 $0 October2021November2021
September2022October2022
July2022
Median SalesPrice

Orinda

What's in the Orinda data?

In Orinda, the median sold price for single-family homes in October decreased month-over-month to $1.9 million. The number of homes sold decreased to 17, and the number of new listings increased to 59. The number of condo & townhome sales increased month-over-month to $1.6 million with 2 units sold and 4 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.

9 Listings .2 hs of Inventory $1.9M Median Sale Price 4.4% an Sale vs List 38 Avg Days on Market 17 Sold Listings FH gle Family Homes
Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
4 New Listings 3 Months of Inventory $1.6M Median Sale Price 97.8% Median Sale vs List 28 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 y2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 ALE VS SOLD LISTINGS a OCTOBER 2021 - OCTOBER 2022 over year. s y over year

Median SalesPrice

Single Family Homes

The median sales price slightly decreased from $1 925m in October 2021 to $1 9m in October 2022

Condos & Townhomes

The median sales price increased from $1 3m in October 2021 to $1 6m in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased from 14 days last October 2021 to 38 days by October 2022

Condos & Townhomes

The average days on market increased from 0 days in October 2021 to 28 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 110 7% last October 2021 to 94 4% a year later

Condos & Townhomes

The overbid percentage increased from 92 6% last October 2021 to 97 8% a year later

October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
60 40 20 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

Piedmont

What's in the Piedmont data?

In Piedmont, the median sold price for single-family homes in October decreased month-over-month to $2.9 million. The number of homes sold decreased to 9, and the number of new listings increased to 23. The number of condo & townhome sales remained the same month-over-month to $0 with 0 units sold and 0 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.

ngs

ale Price s on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office

.9M
0 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 OR SALE VS SOLD LISTINGS dmont OCTOBER 2021 - OCTOBER 2022 y Homes hs, year over year. wnhomes hs, year over year

Median SalesPrice

Single Family Homes

The median sales price is down from $3m from October 2021 to $2 9m on October 2022

Condos & Townhomes

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

AVGDays OntheMarket

Single Family Homes

The average days on market is from 14 days last October 2021 up to 10 days by October 2022.

Condos & Townhomes

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

Overbids

Single Family Homes

The overbid percentage is down to 102 8% last October 2021 which decreased to 95% a year later

Condos & Townhomes

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

October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
40 30 20 10 0
November2021December2021January2022
150% 100% 50% 0%
$5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021
February2022March2022April2022May2022June2022 July2022August2022September2022October2022

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 decreased to 103. The number of condo & townhome 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.

36 New Listings 2.1 Months of Inventory $847K Median Sale Price 94.9% Median Sale vs List 39 Avg Days on Market 12 Sold Listings CONDO Condo & Townhomes
nuary2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 nuary2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 SALE VS SOLD LISTINGS santon OCTOBER 2021 - OCTOBER 2022 omes , year over year. homes , year over year

Median SalesPrice

Single Family Homes

The median sales price is up to $1 7m from October 2021 to $1 6m on October 2022

Condos & Townhomes

The median sales price has increased from $790k last October 2021 to $847k on October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 11 days last October 2021 up to 31 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 16 days up to 39 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 103 8% last October 2021 which decreased to 94 4% a year later

Condos & Townhomes

The overbid percentage has gone down 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

Richmond

What's in the Richmond data?

In Richmond, the median sold price for single-family homes in October increased month-over-month to $690 thousand. The number of homes sold decreased to 55, and the number of new listings increased to 170. The number of condo & townhome decreased month-over-month to $522 thousand, with 12 units sold and 46 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.

170 New Listings 3.7 Months of Inventory $690K Median Sale Price 100.4% Median Sale vs List 33 Avg Days on Market 55 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are
to revision. © 2022.
Is
Owned and
subject
All rights reserved. Each Office
Independently
Operated. DRE#02029039.
46 New Listings 1.9 Months of Inventory $522K Median Sale Price 98.8% Median Sale vs List 28 Avg Days on Market 12 Sold Listings CONDO Condo & Townhomes
rch2022 April2022 May2022 June2022 July2022August2022September2022October2022 rch2022 April2022 May2022 June2022 July2022August2022September2022October2022 E VS SOLD LISTINGS ond OCTOBER 2021 - OCTOBER 2022 er year. , y er year

Median SalesPrice

Single Family Homes

The median sales price is up $650k from October 2021 to $690k on October 2022

Condos & Townhomes

The median sales price has decreased from $575k last October 2021 to $522k on October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 15 days last 2021 up to 33 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 22 days to 28 days on October 2022.

Overbids

Single Family Homes

The overbid percentage is down to 107 4% last October 2021 which decreased to100 4% a year later

Condos & Townhomes

The overbid percentage has gone down from 102 4% last October 2021 to 98 8% a year later

November2021December2021January2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022 $1,000,000 $750,000 $500,000 $250,000 $0 October2021
September2022October2022

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 decreased to 107. The number of condo & townhome increased month-over-month to $585k 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.

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

y $862K Median Sale Price 24
Market 50 Sold Listings
Avg Days on
ly Homes
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
022September2022October2022 022September2022October2022 GS y y

Median SalesPrice

Single Family Homes

The median sales price has increased from $852k last 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

November2021December2021
October2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
December2021
50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
August2022September2022October2022 125% 100% 75% 50% 25% 0%
$10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022

San Lorenzo

What's in the San Lorenzo data?

In San Lorenzo, the median sold price for single-family homes in October decreased month-over-month to $802 thousand. The number of homes sold decreased to 20, and the number of new listings decreased to 32. The number of condo & townhome decreased month-over-month to $520 thousand, with 3 units sold and 9 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.

32 w Listings 0.8 nths of Inventory $802K Median Sale Price 99.2% dian Sale vs List 22 Avg Days on Market 20 Sold Listings SFH ngle Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker
Data
sources
reliable but may contain errors and are
revision.
Owned
Metrics.
from
deemed
subject to
© 2022. All rights reserved. Each Office Is Independently
and Operated. DRE#02029039.
9 New Listings 8 Months of Inventory $520K Median Sale Price 100.8% Median Sale vs List 6 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 75 50 25 0 October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 15 10 5 0 LISTINGS FOR SALE VS SOLD LISTINGS SanLorenzo OCTOBER 2021 - OCTOBER 2022 Single Family Homes
12 months, year over year. Condos & Townhomes
12 months, year over year
Last
Last

Median SalesPrice

Single Family Homes

The median sales price is down $830k from October 2021 to $802k on October 2022

Condos & Townhomes

The median sales price has decreased from $815k last October 2021 to $520k on October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 15 days last October 2021 up to 22 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 8 days down to 6 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 103 2% last October 2021 to 99 2% a year later

Condos & Townhomes

The overbid percentage has gone down from 108 8% last October 2021 to 100 8% a year later

December2021January2022
October2021November2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
September2022October2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
July2022August2022

SanPablo

What's in the San Pablo data?

In San Pablo, the median sold price for single-family homes in October decreased month-over-month to $610 thousand. The number of homes sold decreased to 14, and the number of new listings decreased to 42. The number of condo & townhome decreased month-over-month to $392k thousand, with 2 units sold and 8 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.

42 New Listings 1.8 Months of Inventory $610K Median Sale Price 96.5% Median Sale vs List 30 Avg Days on Market 14 Sold Listings SFH Single Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022.
reserved.
Is Independently Owned and
All rights
Each Office
Operated. DRE#02029039.
8 New Listings 7 Months of Inventory $392K Median Sale Price 92.4% Median Sale vs List 10 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 S FOR SALE VS SOLD LISTINGS nPablo OCTOBER 2021 - OCTOBER 2022 mily Homes onths, year over year. Townhomes onths, year over year

Single Family Homes

The median sales price is down $655k from October 2021 to $610k on October 2022

Condos & Townhomes

The median sales price has decreased from $405k last October 2021 to $392k on October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 18 days last October 2021 up to 30 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 14 days down to 10 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 107% last October 2021 to 96 5% a year later

Condos & Townhomes

The overbid percentage has gone up from 101 9% last October 2021 to 92 4% a year later

November2021December2021January2022
December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022
August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022 $750,000 $500,000 $250,000 $0 October2021November2021
October2022
July2022
Median SalesPrice

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.

tings 1 of Inventory $1.4M Median Sale Price .2% Sale vs List 35 Avg Days on Market 23 Sold Listings FH e Family Homes Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are
to revision. © 2022.
Is
Owned and
subject
All rights reserved. Each Office
Independently
Operated. DRE#02029039.
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
r2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 r2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022October2022 OR SALE VS SOLD LISTINGS onCity OCTOBER 2021 - OCTOBER 2022 y Homes ths, year over year. ownhomes ths, 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
2437 Santa Clara Ave, Alameda, CA 94609 KellerWilliamsAlameda 20273 Patio Drive, Castro Valley, CA 94546 KellerWilliamsCastroValley 4937 Telegraph Ave. Suite A Oakland, CA 94609 KellerWilliamsOakland :

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