MarketReport Market Report for the Oakland area October 2022. Copyright by KW Advisors 2022
Oakland area
Alameda
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Albany
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Berkeley
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Castro Valley
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El Cerrito
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El Sobrante
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Emeryville
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Fremont
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Hayward
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Lafayette
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Moraga
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Newark
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Oakland
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Orinda
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Piedmont
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Jump to Pleasanton Report
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San Leandro
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San Lorenzo
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San Pablo
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Union City
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Pleasanton
Richmond
What’syourhome reallyworthin today’smarket?
That's really the question you should be asking yourself
Our market is incredibly diverse and changes 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?
Icanhelp...
Contact me for a confidential, no obligation, assessment of your home's value.
TwoQuestionsEvery HomebuyerShouldAsk ThemselvesRightNow
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. .: This is leaving some people, who want to purchase a home, priced out of the market, and others wondering if now is the right time to buy.But this rise in borrowing cost shows no signs of letting up soon.
Economic uncertainty and the volatility of the financial markets are causing mortgage rates to rise George Ratiu, Senior Economist and Manager of Economic Research at realtor com, says this:
“While even two months ago rates above 7% may have seemed unthinkable, at the current pace, we can expect rates to surpass that level in the next three months ”
So, is now the right time to buy a home? Anyone thinking about buying a home today should ask these two questions.
Alameda
What's in the Alameda data?
In Alameda, the median sold price for single-family homes in September increased month-over-month to $1.4 million. The number of homes sold decreased to 32, and the number of new listings increased to 82. The number of condo & townhome sales decreased to $875 thousand month-over-month with 17 units sold and 52 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
et
MData 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
52 New Listings 1.6 Months of Inventory $875K Median Sale Price 105.2% Median Sale vs List 36 Avg Days on Market 17 Sold Listings CONDO Condo & Townhomes
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 150 100 50 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 75 50 25 0 LISTINGS FOR SALE VS SOLD LISTINGS Alameda SEPTEMBER 2021 - SEPTEMBER 2022
Last 12 months, year over year.
Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price has increased from $1.3m last September 2021 to $1.4m in September 2022.
Condos & Townhomes
The median sales price has decreased from $952k last September 2021 to $875k in September 2022.
November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage has decreased from 118.4% last September 2021 to 108.4% a year later.
Condos & Townhomes
The overbid percentage has decreased from 109% last September 2021 to 105.2% a year later.
February2022March2022April2022May2022June2022July2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 13 days last September 2021 up to 24 days by September 2022
Condos & Townhomes
The average days on market
September 2021 is 16 days up to 32 days in September 2022
September2021October2021November2021December2021January2022
August2022September2022 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021October2021
February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 150% 100% 50% 0%
last
Albany
What's in the Albany data?
In Albany, the median sold price for single-family homes in September 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 10. The number of condo & townhome sales decreased monthover-month to $400 thousand with 3 units sold and 24 new listings.Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
Days on
10 New Listings 0.4 Months of Inventory $1.1M Median Sale Price 102.6% Median Sale vs List 25 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. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039. Avg
Market
24 New Listings 4.7 Months of Inventory $400K Median Sale Price 97.4% Median Sale vs List 41 Avg Days on Market 3 Sold Listings CONDO Condo & Townhomes
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 30 20 10 0 Albany SEPTEMBER 2021 - SEPTEMBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS
Last 12 months, year over year.
Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price has slightly decreased from $1 16m September 2021 to $1 10m in September 2022
Condos & Townhomes
The median sales price has decreased from $580k last September 2021 to $400k in September 2022.
October2021November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage has decreased from 120.6% last September 2021 to 102.6% a year later.
Condos & Townhomes
The overbid percentage has gone down from 102.3% last September 2021 to 97.4% a year later.
February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on the market is from 16 days last September 2021 up to 25 days by September 2022
Condos & Townhomes
The average days on market last September 2021 is 38 days up to 41 days in September 2022
September2021October2021November2021December2021January2022
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021
February2022March2022April2022May2022June2022July2022August2022September2022 50 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 150% 100% 50% 0%
Berkeley
What's in the Berkeley data?
In Berkeley, the median sold price for single-family homes in September increased month-over-month to $1.6 million. The number of homes sold decreased to 48, and the number of new listings also decreased to 122. The number of condo and townhome sales increased month-overmonth to $847 thousand, with 10 units sold and 31 new listings.Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
122 New Listings 1.7 Months of Inventory $1.6M Median Sale Price 116.2% Median Sale vs List 23 48 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. Avg Days on Market
31 New Listings 1.8 Months of Inventory $847K Median Sale Price 109.6% Median Sale vs List 20 Avg Days on Market 10 Sold Listings CONDO Condo & Townhomes
ptember2022 ptember2022 y y
Median
Single Family Homes
The median sales price has slightly increased from $1 64m last September 2021 to $1 65m in September 2022
Condos & Townhomes
The median sales price has increased from $714k last September 2021 to $847k in September 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 118 5% last September 2021 to 116 2% a year later
Condos & Townhomes
The overbid percentage has gone up from 102 1% last September 2021 to 109 6% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market is from 17 days last September 2021 up to 23 days by September 2022
Condos & Townhomes
The average days on market last September
is 26 days down to 20 days in September 2022
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 75 50 25 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 150% 100% 50% 0%
SalesPrice
2021
Castro Valley
What's in the Castro Valley data?
In Castro Valley, the median sold price for single-family homes in September decreased month-over-month to $1 million. The number of homes sold decreased to 40, and the number of new listings also increased to 106. The number of condo and townhome sales increased month-over-month to $909 thousand, with 6 units sold and 15 new listings.Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and 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
15 New Listings 2 Months of Inventory $909K Median Sale Price 96% Median Sale vs List 33 Avg Days on Market 6 Sold Listings CONDO Condo & Townhomes
y y
Median
Single Family Homes
The median sales price has decreased from $1 2m last September 2021 to $1m in September 2022
Condos & Townhomes
The median sales price has increased from $818k last September 2021 to $909k in September 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 104 8% last September 2021 to 94 5% a year later
Condos & Townhomes
The overbid percentage has gone down from 110 8% last September 2021 to 96% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market is from 15 days last September 2021 up to 29 days by September 2022
Condos & Townhomes
The average days on market
September 2021 is 24 days
to 33 days in September 2022
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $1,500,000 $1,000,000 $500,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
last
up
ElCerrito
What's in the El Cerrito data?
In El Cerrito, the median sold price for single-family homes in September decreased month-over-month to $1.2 million. The number of homes sold increased to 16, and the number of new listings also increased to 46. Similarly to last month, the number of condo and townhome sales increased month-over-month to $1.4 million, with 1 unit sold and 10 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
SFH
$1.2M
46 New Listings 1.2 Months of Inventory
Median Sale Price 118.6% Median Sale vs List 21 Avg Days on Market 16 Sold Listings
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.
10 New Listings 1.7 Months of Inventory $1.4M Median Sale Price 113.9% Median Sale vs List 36 Avg Days on Market 1 Sold Listings CONDO Condo & Townhomes
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 100 75 50 25 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 20 15 10 5 0 ElCerrito SEPTEMBER 2021 - SEPTEMBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS
Last 12 months, year over year.
Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price has decreased from $1 3m last September 2021 to $1 2m in September 2022
Condos & Townhomes
The median sales price has increased from $870k last September 2021 to $1 4m in September 2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 17 days last September 2021 to 21 days by September 2022
Condos & Townhomes
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
The average days on market
September 2021 is 8 days up to 36 days in September 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 123 2% last September 2021 to 118 6% a year later
Condos & Townhomes
The overbid percentage has gone up from 111 6% last September 2021 to 113 9% a year later
August2022
September2021October2021
$1,500,000 $1,000,000 $500,000 $0 September2021
September2022 200 150 100 50 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 150% 100% 50% 0%
last
El Sobrante
What's in the El Sobrante data?
In El Sobrante, the median sold price for single-family homes in September increased month-over-month to $842 thousand. The number of homes sold decreased to 7, and the number of new listings also decreased to 28. The number of condo & townhome sales increased month-over-month to $365 thousand with 1 unit sold and 2 new listings.Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
2 New Listings 0 Months of Inventory $365K Median Sale Price 122.1% Median Sale vs List 0 Avg Days on Market 1 Sold Listings CONDO Condo & Townhomes 7
y y
Median
Single Family Homes
The median sales price has increased from $775k last September 2021 2021 to $842k on September 2022
Condos & Townhomes
The median sales price has slightly decreased from $385k last September 2021 to $365k in September 2022
Overbids
Single Family Homes
The overbid percentage has decreased 110 4% last September 2021 to 97 4% a year later
Condos & Townhomes
The overbid percentage has increased from 96 5% last September 2021 to 122 1% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market is from 19 days last September 2021 up to 23 days by September 2022
Condos & Townhomes
The average days on market is from 14 days last September 2021 down to 0 days by September 2022
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $1,000,000 $750,000 $500,000 $250,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 60 40 20 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Emeryville
What's in the Emeryville data?
In Emeryville, the median sold price for single-family homes in September has no changes month-over-month to $0. The number of homes sold remains to 0, and the number of new listings also increased to 4. The number of condo & townhome sales increased month-over-month to $465 thousand month-over-month with 11 units sold and 49 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
49 New Listings 1.9 Months of Inventory $465K Median Sale Price 97.7% Median Sale vs List 44 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes
ember2022 ember2022 y y
Median SalesPrice
Single Family Homes
The median sales price has decreased from $1m September 2021 to $0 in September 2022
Condos & Townhomes
The median sales price has decreased from $617k last September 2021 to $465k in September 2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 0 days last September 2021 down to 0 days by September 2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
Condos & Townhomes
The average number of days on market last September 2021 is 20 days up to 44 days in September 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 117 7% last September 2021 to 0% a year later
Condos & Townhomes
The overbid percentage has gone down from 104 1% last September 2021 to 97 7% a year later
February2022March2022April2022May2022June2022
August2022September2022
September2021October2021
$1,500,000 $1,000,000 $500,000 $0 September2021
September2022 60 40 20 0 September2021October2021November2021December2021January2022
July2022
150% 100% 50% 0%
Fremont
What's in the Fremont data?
In Fremont, the median sold price for single-family homes in September increased month-over-month to $1.5 million. The number of homes sold decreased to 97, and the number of new listings increased to 253. The number of condo and townhome sales increased month-over-month at $800 thousand with 50 units sold and 171 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
Data
single family,
$1.5M
condominium sales in Alameda, Albany,
Lafayette,
Leandro, San Lorenzo,
edian Sale Price 28 g Days on Market 97 ld Listings mes
includes all
townhome, and
Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward,
Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San
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.
171 New Listings 2.2 Months of Inventory $800K Median Sale Price 99.6% Median Sale vs List 21 Avg Days on Market 50 Sold Listings CONDO Condo & Townhomes
Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 500 400 300 200 100 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 300 200 100 0 Fremont SEPTEMBER 2021 - SEPTEMBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single
Last 12 months, year over year.
Last 12 months, year over year
Median
Single Family Homes
The median sales price increased from $1 4m in September 2021 to $1 5m in September 2022
Condos & Townhomes
The median sales price increased from $794k in September 2021 and $800k in September 2022
Overbids
Single Family Homes
The overbid percentage decreased from 108 2% last September 2021 to 97 9% a year later
Condos & Townhomes
The overbid percentage decreased from 102 2% last September 2021 to 99 6% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 12 days last September 2021 to 28 days by September 2022
Condos & Townhomes
The average days on market slightly increased from 20 days in September 2021 to 21 days this year
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Hayward
What's in the Hayward data?
In Hayward, the median sold price for single-family homes in September decreased month-over-month to $860 thousand. The number of homes sold decreased to 89, and the number of new listings decreased to 220. The number of condo and townhome sales remained the same monthover-month at $595 thousand, with 30 units sold and 96 new listings.. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
Homes
Listings
$860K
Data
Avg Days on Market
condominium
in Alameda, Albany,
ory
Median Sale Price % st 31
89 Sold
mily
includes all single family, townhome, and
sales
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.
96 New Listings 2.2 Months of Inventory $595K Median Sale Price 98.2% Median Sale vs List 32 Avg Days on Market 30 Sold Listings CONDO Condo & Townhomes
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 400 300 200 100 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 200 150 100 50 0 LISTINGS FOR SALE VS SOLD LISTINGS Hayward SEPTEMBER 2021 - SEPTEMBER 2022
Last 12 months, year over year.
Last 12 months, year over year
Median
Single Family Homes
The median sales price decreased from $930k in September 2021 to $860k in September 2022
Condos & Townhomes
The median sales price decreased from $612k in September 2021 and $595k in September 2022
Overbids
Single Family Homes
The overbid percentage decreased from 107 1% last September 2021 to 97 7% a year later
Condos & Townhomes
The overbid percentage decreased from 106 4% last September 2021 to 98 2% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 16 days last September 2021 to 31 days by September 2022
Condos & Townhomes
The average days on market increased from 18 days in September 2021 to 32 days this year
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Lafayette
What's in the Lafayette data?
In Lafayette, the median sold price for single-family homes in September increased month-over-month to $1.9 million. The number of homes sold decreased to 24, and the number of new listings increased to 75. The number of condo & townhomes sales increased month-over-month to $1.1 million, with 1 unit sold and 11 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
SFH
Data
$1.9M
condominium
in Alameda, Albany,
75 New Listings 0.4 Months of Inventory
Median Sale Price 100.1% Median Sale vs List 27 Avg Days on Market 24 Sold Listings
Single Family Homes
includes all single family, townhome, and
sales
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.
11 New Listings 2.7 Months of Inventory $1.1M Median Sale Price 87.6% Median Sale vs List 44 Avg Days on Market 1 Sold Listings CONDO Condo & Townhomes
ember2022 ember2022 y y
Median
Single Family Homes
The median sales price increased from $1 7m in September 2021 to $1 9m in September 2022
Condos & Townhomes
The median sales price increased from $1m in September 2021 and $1 1m in September 2022
Overbids
Single Family Homes
The overbid percentage decreased from 104 6% last September 2021 to 100 1% a year later
Condos & Townhomes
The overbid percentage decreased from 102 4% last September 2021 to 87 6% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 13 days last September 2021 to 27 days by September 2022
Condos & Townhomes
The average days on market increased from 12 days in September 2021 to 44 days this year
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $3,000,000 $2,000,000 $1,000,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 60 40 20 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Moraga
What's in the Moraga data?
In Moraga, the median sold price for single-family homes in September decreased month-over-month to $1.7 million. The number of homes sold decreased to 7, and the number of new listings increased to 20. The number of condo & townhomes sales increased month-over-month to $809 thousand, with 2 units sold and 11 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
ngs
ale Price 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
7M
11 New Listings 0.4 Months of Inventory $809K Median Sale Price 99.6% Median Sale vs List 22 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
y y
Median
Single Family Homes
The median sales price decreased from $2m in September 2021 to $1 7m in September 2022
Condos & Townhomes
The median sales price increased from $766k in September 2021 and $809k in September 2022
Overbids
Single Family Homes
The overbid percentage decreased from 108 8% last September 2021 to 99 1% a year later
Condos & Townhomes
The overbid percentage decreased from 104 3% last September 2021 to 99 6% a year later
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 7 days last September 2021 to 30 days by September 2022
Condos & Townhomes
The average days on market increased from 18 days in September 2021 to 22 days this year
September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Newark
What's in the Newark data?
In Newark, the median sold price for single-family homes in September increased month-over-month to $1.2 million.
The number of homes sold decreased to 31, and the number of new listings increased to 64. The number of condo and townhome sales decreased month-over-month at $682 thousand with 13 units sold and 22 new listings.
Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise albeit the rise in sales prices creating an imbalance of supply and demand.
$1.2M
64 New Listings 2.3 Months of Inventory
Median Sale Price 95% Median Sale vs List 32 Avg Days on Market 31 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.
22 New Listings 1.1 Months of Inventory $682K Median Sale Price 96.3% Median Sale vs List 33 Avg Days on Market 13 Sold Listings CONDO Condo & Townhomes
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 125 100 75 50 25 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 75 50 25 0 LISTINGS FOR SALE VS SOLD LISTINGS Newark SEPTEMBER 2021 - SEPTEMBER 2022
Last 12 months, year over year.
Last 12 months, year over year
Median
Single Family Homes
The median sales price increased from $1 1m in September 2021 to $1 2m in September 2022
Condos & Townhomes
The median sales price decreased from $900k in September 2021 and $682k in September 2022
October2021November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage decreased from 106 9% last September 2021 to 95% a year later
Condos & Townhomes
The overbid percentage decreased from 104 1% last September 2021 to 96 3% a year later
February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 13 days last September 2021 to 32 days by September 2022
Condos & Townhomes
The average days on market increased from 10 days in September 2021 to 33 days this year
September2021October2021November2021December2021January2022
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021
February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Oakland
What's in the Oakland data?
In Oakland, the median sold price for single-family homes in September decreased month-over-month to $1 million. The number of homes sold decreased to 191, and the number of new listings increased to 740. The number of condo and townhome sales decreased month-over-month at $655 thousand with 57 units sold and 256 new listings.
Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
Listings
$1M
edian Sale Price
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
Independently Owned and Operated.
24 g
191 ld
mes
Is
DRE#02029039.
256 New Listings 3.7 Months of Inventory $655K Median Sale Price 100.4% Median Sale vs List 39 Avg Days on Market 57 Sold Listings CONDO Condo & Townhomes
22 22 y y
Median
Single Family Homes
The median sales price decreased from $1 1m in September 2021 to $1m in September 2022
Condos & Townhomes
The median sales price decreased from $679k in September 2021 and $655k in September 2022
November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage decreased from 121 8% last September 2021 to 109 4% a year later
Condos & Townhomes
The overbid percentage decreased from 105% last September 2021 to 100 4% a year later
February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 21 days last September 2021 to 24 days by September 2022
Condos & Townhomes
The average days on market increased from 27 days in September 2021 to 39 days this year
September2021October2021November2021December2021January2022
$1,500,000 $1,000,000 $500,000 $0 September2021October2021
February2022March2022April2022May2022June2022July2022August2022September2022 60 40 20 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 150% 100% 50% 0%
SalesPrice
Orinda
What's in the Orinda data?
In Orinda, the median sold price for single-family homes in September increased month-over-month to $2.1 million. The number of homes sold decreased to 15, and the number of new listings increased to 61. The number of condo and townhome sales decreased month-over-month at $0 with 0 units sold and 5 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
5 New Listings 1.5 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 23 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
y y
Median SalesPrice
Single Family Homes
The median sales price increased from $1 8m in September 2021 to $2 1m in September 2022
Condos & Townhomes
The median sales price decreased from $540k in September 2021 and $0 in September 2022
October2021November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage decreased from 105 7% last September 2021 to 98 7% a year later
Condos & Townhomes
The overbid percentage decreased from 102 1% last September 2021 to 0% a year later
January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market increased from 15 days last September 2021 to 33 days by September 2022
Condos & Townhomes
The average days on market decreased from 43 days in September 2021 to 23 days this year
September2021October2021November2021December2021
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021
February2022March2022April2022May2022June2022July2022August2022September2022 60 40 20 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
Piedmont
What's in the Piedmont data?
In Piedmont, the median sold price for single-family homes in September decreased month-over-month to $2.4million. The number of homes sold increased to 13, and the number of new listings increased to 25. The number of condo and townhome sales remained the same monthover-month at $0 thousand with 0 units sold and 0 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
SFH
Family Homes
$2.4M
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
and are subject
and
All rights reserved. Each Office
25 New Listings 1 Months of Inventory
Median Sale Price 96.9% Median Sale vs List 34 Avg
13 Sold Listings
Single
errors
to revision. © 2022.
Is Independently Owned
Operated. DRE#02029039.
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
tober2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 tober2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 NGS FOR SALE VS SOLD LISTINGS edmont SEPTEMBER 2021 - SEPTEMBER 2022 Family Homes 2 months, year over year. s & Townhomes 2 months, year over year
Median SalesPrice
Single Family Homes
The median sales price is up from $2 3m from September 2021 to $2 4m on September 2022
Condos & Townhomes
The median sales price has no changes from $0 last September 2021 to $0 on September 2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 15 days last September 2021 up to 34 days by September 2022
Condos & Townhomes
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
The average days on market last September 2021 is 0 days to still 0 days on September 2022
Overbids
Single Family Homes
The overbid percentage is up to 116 1% last September 2021 which decreased to 96 9% a year later
Condos & Townhomes
The overbid percentage is from 0% last September 2021 to 0% a year later
January2022February2022March2022April2022May2022June2022 July2022August2022September2022
September2021
$5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 September2021
40 30 20 10 0 September2021October2021November2021December2021
150% 100% 50% 0%
Pleasanton
What's in the Pleasanton data?
In Pleasanton, the median sold price for single-family homes in September increased month-over-month to $1.6 million. The number of homes sold decreased to 44 and the number of new listings increased to 127. The number of condo and townhome sales increased month-over-month at $820 thousand with 11 units sold and 43 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
$1.6M
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
Independently
and are subject to
and
All rights reserved. Each Office
127 New Listings 1.9 Months of Inventory
Median Sale Price 92% Median Sale vs List 29 Avg Days on Market 44 Sold Listings SFH Single Family Homes
errors
revision. © 2022.
Is
Owned
Operated. DRE#02029039.
43 New Listings 1.8 Months of Inventory $820K Median Sale Price 91.8% Median Sale vs List 37 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes
Pleasanton
Single Family Homes
Condos & Townhomes
September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 250 200 150 100 50 0 September2021October2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 60 40 20 0 LISTINGS FOR SALE VS SOLD LISTINGS
SEPTEMBER 2021 - SEPTEMBER 2022
Last 12 months, year over year.
Last 12 months, year over year
Median SalesPrice
Single Family Homes
The median sales price is up to $1 5m from September 2021 to $1 6m on September 2022
Condos & Townhomes
The median sales price has increased from $762k last September 2021 to $820k on September 2022
November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage is down to 108% last September 2021 which decreased to 92% a year later
Condos & Townhomes
The overbid percentage has gone down from 104% last September 2021 to 91 8% a year later
January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 12 days last September 2021 up to 29 days by September 2022
Condos & Townhomes
The average days on market last September 2021 is 15 days up to 37 days on September 2022
September2021October2021November2021December2021
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021October2021
February2022March2022April2022May2022June2022July2022August2022September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022August2022September2022 125% 100% 75% 50% 25% 0%
Richmond
What's in the Richmond data?
In Richmond, the median sold price for single-family homes in September decreased month-over-month to $700 thousand. The number of homes sold decreased to 57, and the number of new listings increased to 191. The number of condo & townhomes decreased month-over-month to $580 thousand, with 7 units sold and 50 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
Homes
Listings
Avg Days on
ntory $700K Median Sale Price % List 32
Market 57 Sold
mily
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.
50 New Listings 1.9 Months of Inventory $580K Median Sale Price 97.8% Median Sale vs List 31 Avg Days on Market 7 Sold Listings CONDO Condo & Townhomes
er2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 er2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 FOR SALE VS SOLD LISTINGS hmond SEPTEMBER 2021 - SEPTEMBER 2022 ly Homes nths, year over year. ownhomes nths, year over year
Median SalesPrice
Single Family Homes
The median sales price is down $706k from September 2021 to $700 on September 2022
Condos & Townhomes
The median sales price has decreased from $595k last September 2021 to $580k on September 2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 15 days last September 2021 up to 32 days by September 2022
Condos & Townhomes
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
The average days on market last September 2021 is 20 days to 31 days on September 2022
Overbids
Single Family Homes
The overbid percentage is down to 105 6% last September 2021 which decreased to 99 9% a year later
Condos & Townhomes
The overbid percentage has gone down from 102 2% last September 2021 to 97 8% a year later
August2022
September2021
60 40 20 0 September2021
September2022 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 125% 100% 75% 50% 25% 0%
San Leandro
What's in the San Leandro data?
In San Leandro, the median sold price for single-family homes in September decreased month-over-month to $815 thousand. The number of homes sold decreased to 42, and the number of new listings increased to 133. The number of condo and townhome sales decreased month-over-month at $585 thousand with 12 units sold and 40 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
mily Homes
Sold Listings
$815K
Sale Price
List 33 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,
and Union City
contain
Piedmont, Richmond, San Leandro, San Lorenzo, San
from Broker
from sources deemed reliable
ntory
Median
%
42
Oakland, Orinda,
Pablo
sourced
Metrics. Data
but may
errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
40 New Listings 1.5 Months of Inventory $585K Median Sale Price 99.6% Median Sale vs List 27 Avg Days on Market 12 Sold Listings CONDO Condo & Townhomes
July2022August2022September2022 July2022August2022September2022 NGS y y
Median SalesPrice
Single Family Homes
The median sales price is down $900k from September 2021 to $815k on September 2022
Condos & Townhomes
The median sales price has decreased from $595k last September 2021 to $585k on September 2022
October2021November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage is down to 108 8% last September 2021 which decreased to 99 8% a year later
Condos & Townhomes
The overbid percentage has gone down from 106 5% last September 2021 to 99 6% a year later
January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 18 days last September 2021 up to 33 days by September 2022
Condos & Townhomes
The average days on market
September 2021 is 18 days up to 27 days on September 2022
August2022
September2021October2021November2021December2021
$10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 September2021
February2022March2022April2022May2022June2022July2022August2022September2022 50 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 125% 100% 75% 50% 25% 0%
last
San Lorenzo
What's in the San Lorenzo data?
In San Lorenzo, the median sold price for single-family homes in September decreased month-over-month to $757 thousand. The number of homes sold decreased to 16, and the number of new listings decreased to 38. The number of condo and townhome sales decreased month-over-month at $532 thousand with 2 units sold and 8 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
8 New Listings 3 Months of Inventory $532K Median Sale Price 103.6% Median Sale vs List 46 Avg Days on Market 2 Sold Listings CONDO Condo & Townhomes
y y
Median
Single Family Homes
The median sales price is down $862k from September 2021 to $757k on September 2022
Condos & Townhomes
The median sales price has increased from $530k last September 2021 to $532k on September 2022
January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 17 days last September 2021 up to 22 days by September 2022
Condos & Townhomes
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
The average days on market last September 2021 is 8 days up to 46 days on September 2022
Overbids
Single Family Homes
The overbid percentage is down to 105 1% last September 2021 to 97 4% a year later
Condos & Townhomes
The overbid percentage has gone down from 105% last September 2021 to 103 6% a year later
August2022
September2021October2021November2021December2021
$1,000,000 $750,000 $500,000 $250,000 $0 September2021
September2022 50 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 125% 100% 75% 50% 25% 0%
SalesPrice
SanPablo
What's in the San Pablo data?
In San Pablo, the median sold price for single-family homes in September increased month-over-month to $665 thousand. The number of homes sold decreased to 14, and the number of new listings increased to 42. The number of condo and townhome sales increased month-over-month at $410 thousand with 5 units sold and 8 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
42 New Listings 1.7 Months of Inventory $665K Median Sale Price 98.7% Median Sale vs List 38 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. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.
8 New Listings 2.5 Months of Inventory $410K Median Sale Price 93.5% Median Sale vs List 73 Avg Days on Market 5 Sold Listings CONDO Condo & Townhomes
ber2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 ber2021November2021December2021January2022February2022 March2022 April2022 May2022 June2022 July2022August2022September2022 GS FOR SALE VS SOLD LISTINGS anPablo SEPTEMBER 2021 - SEPTEMBER 2022 Family Homes months, year over year. & Townhomes months, year over year
Median
Single Family Homes
The median sales price is down $647k from September 2021 to $665k on September 2022
Condos & Townhomes
The median sales price has increased from $367k last September 2021 to $410k on September 2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 15 days last September 2021 up to 38 days by September 2022
Condos & Townhomes
The average days on market
last September 2021 is 31 days up to 73 days on September 2022
Overbids
Single Family Homes
The overbid percentage is down to 106 4% last September 2021 to 98 7% a year later
Condos & Townhomes
The overbid percentage has gone down from 100% last September 2021 to 93 5% a year later
August2022
September2021October2021November2021December2021January2022
$750,000 $500,000 $250,000 $0 September2021
September2022 75 50 25 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 125% 100% 75% 50% 25% 0%
SalesPrice
Union City
What's in the Union City data?
In Union City, the median sold price for single-family homes in September decreased month-over-month to $1.2 million. The number of homes sold increased to 32, and the number of new listings also increased to 86. The number of condo and townhome sales decreased month-overmonth at $640 thousand with 7 units sold and 23 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing 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 for homes continues to rise, leading to the rise in sales prices, and creating an imbalance between supply and demand.
23 New Listings 2.7 Months of Inventory $640K Median Sale Price 99.8% Median Sale vs List 24 Avg Days on Market 7 Sold Listings CONDO Condo & Townhomes
gust2022September2022 gust2022September2022 y y
Median
Single Family Homes
The median sales price has decreased from $1 3m last September 2021 to $1 2m on September 2022
Condos & Townhomes
The median sales price has increased from $615k last September 2021 to $640k on September 2022
October2021November2021December2021January2022
Overbids
Single Family Homes
The overbid percentage is down to 112 7% last September 2021 which decreased to 95% a year later
Condos & Townhomes
The overbid percentage has gone down from 104 4% last September 2021 to 99 8% a year later
January2022February2022March2022April2022May2022June2022July2022August2022September2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 12 days last September 2021 up to 26 days by September 2022
Condos & Townhomes
The average days on market is from 17 days last September 2021 up to 24 days by September 2022
August2022
September2021October2021November2021December2021
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 September2021
February2022March2022April2022May2022June2022July2022August2022September2022 50 40 30 20 10 0 September2021October2021November2021December2021January2022February2022March2022April2022May2022June2022 July2022
September2022 125% 100% 75% 50% 25% 0%
SalesPrice
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 :