Martin Santiago - March 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.

MoreBuyersAreMakingMoves IsItTimeToSell?

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize.

Alamed County

What's in the Alam

There were 1,675 single-fam providing 1.5 months of inve new listings, and 456 homes price of $1.3m. The median o was at 107.4%, with an avera market.

There were 894 condo and to sale, providing 2.8 months of were 372 new listings and 14 median sale price of $700k. T percentage was at 100 6%, w days on the market.

single-family homes, condos and Emeryville, Fremont, Hayward, 94603, 94605, 94606, 94607, from February 2024 to from the time the data DRE# 01906450. Copyright 2025. Each office is 3M

Market

372

New Listings

147 Sold Listings

2.8

Months of Inventory

$700K

Median Sale Price

100.6%

Median Sale vs List 34 Avg Days on Market

FEBRUARY 2024 - FEBRUARY 2025

FOR SALE SOLD LISTINGS

Homes

s, year-over-year.

nhomes

s, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has remained the same from $1 3m last February 2024, to $1 3m as of February 2025

Condos & Townhomes

The median sale price has decreased from $743k last February 2024, to $700k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last February 2024, to 18 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 20 days in February 2024, to 34 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 4% last February 2024, to 107 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 101% last February 2024, to 100.6% a year later.

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