Martin Santiago - April 2025 Market Report | Peninsula Estates (Alameda County)

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Peninsula Estates

Alameda County

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

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

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

Icanhelp...

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

The#1ThingSellersNeedTo KnowAboutTheirAskingPrice

When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they really don’t have to be. Here’s why.

A C

Wh Ther

prov 1,05 med perc days

Ther sale were med perc days

amily Homes

2 ntory

624 Sold Listings

$1.3M Median Sale Price

7% List

20 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and Alameda, Albany, Berkeley, Castro Valley, Emeryville, Fremont, Hayward, San Leandro, Oakland, 94601, 94602, 94603, 94605, 94606, 94607, 94611, 94612, 94618, 94619, and 94705 from March 2024 to include preliminary data, and may vary from the time the data was med reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2025. Each office is independently owned and operated.

Condo

459

New Listings

3.1

Months of Inventory

100.6%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 4m last March 2024, to $1 3m as of March 2025

Condos & Townhomes

The median sale price has decreased from $778k last March 2024, to $765k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last March 2024, to 20 days as of March 2025

Condos & Townhomes

The average time spent on the market went up from 23 days in March 2024, to 34 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 108 3% last March 2024, to 108 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.4% last March 2024, to 100.6% a year later.

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