Market report for Fremont area November 2023

Page 1

November 2023

Copyright by KW Advisors 2023


Fremont area

Milpitas Jump to Milpitas Report

Fremont Jump to Fremont City Report

Newark Jump to Newark Report

Union City Jump to Union City Report

Hayward Jump to Hayward Report


Castro Valley Jump to Castro Valley Report

San Leandro Jump to San Leandro Report Newark Tri-Cities (Fremont, & Union City)

Jump to Tri-Cities Report

Pleasanton Jump to Pleasanton Report

San Ramon Jump to San Ramon Report

Livermore Jump to Livermore Report

Cupertino Jump to Livermore Report

Oakland Jump to Livermore Report


What’s your home really worth in today’s market? 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?

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Reasons To Sell Your House Before the New Year

As the year winds down, you may have decided it’s time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year. Get One Step Ahead of Other Sellers Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and sometimes deprioritize selling their house until the start of the new year when their schedules and social calendars calm down. But that gives you an opportunity to get one step ahead. Selling now, while other homeowners may hold off until after the holidays, can help you get a leg up on your competition. Start the process with a real estate agent today so you can get your house on the market before your neighbors do.


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F FIVE Designer E Tips T Will dark cabinets make a kitchen too dark?

on making moody shades work


Five Designe Tips Keep the rest of your kitchen space light and bright

Kitchens with ample natural light are more suitable for dark cabinet colors. If your kitchen lacks this, don't avoid dark

Strike the right balance with lightning

Achieving balance in room design is essential, especially when combining strikingly colored cabinets with a mix of well-considered kitchen lighting.

Consider the size of your space

In a spacious, well-lit kitchen, dark cabinets add

Favor glass and reflective surfaces

Opt for glass-fronted cabinets and reflective finishes to

Adorn the space thoughtfully to lighten the finish

In Kitchens with bold cabinet finishes, decor plays a crucial

colors entirely. Instead, focus on adding light elements elsewhere.

sophistication and coziness without crowding the space. Yet, in a smaller kitchen, they can absorb light and create a cramped feel.

brighten up the space effectively.

role. Open shelving and glass cabinet doors to break the visual heaviness of dark cabinets and create contrast with lighter-colored items.

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Source : https://www.homesandgardens.com/kitchens/will-dark-cabinets-make-a-kitchen-feel-too-dark


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Milpitas What's in the Milpitas data? There were 32 single-family homes for sale, providing 2.6 months of inventory. There were 8 new listings, and 16 homes sold at a median price of $1.5m. The median overbid percentage was at 100.5%, with an average of 24 days on the market. There were 41 condo and townhome units for sale, providing 2.1 months of inventory. There were 17 new listings and 18 units sold at a median sale price of $950k. The median overbid percentage was at 103.3%, with an average of 20 days on the market.


SFH

Single-Family Homes

8

16

New Listings

Sold Listings

2.6

$1.5M

Months of Inventory

Median Sale Price

100.5% 24 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

17

18

New Listings

Sold Listings

2.1

$950K

Months of Inventory

Median Sale Price

103.3%

20

Median Sale vs List

Avg Days on Market


Milpitas OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 70 60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.4m last October 2022, to $1.5m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $1.4m last October 2022, to $950k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 32 days last October 2022, to 24 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 99.4% last October 2022, to 103.3% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 98.3% last October 2022, to 100.5% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 26 days in October 2022, to 20 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Fremont What's in the Fremont data? There were 141 single-family homes for sale, providing 0.9 months of inventory. There were 77 new listings, and 63 homes sold at a median price of $1.7m. The median overbid percentage was at 104.9%, with an average of 12 days on the market. There were 149 condo and townhome units for sale, providing 2.1 months of inventory. There were 39 new listings and 25 units sold at a median sale price of $710k. The median overbid percentage was at 101.4%, with an average of 18 days on the market.


SFH

Single-Family Homes

77

63

New Listings

Sold Listings

0.9

$1.7M

Months of Inventory

Median Sale Price

104.9% 12 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

39

25

New Listings

Sold Listings

2.1

$710K

Months of Inventory

Median Sale Price

101.4%

18

Median Sale vs List

Avg Days on Market


Fremont OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

250

200

150

100

50

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 200

150

100

50

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.4m last October 2022, to $1.7m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $830k last October 2022, to $710k as of October 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 26 days last October 2022, to 12 days as of October 2023.

20

10

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97.2% last October 2022, to 101.4% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 96% last October 2022, to 104.9% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 37 days in October 2022, to 18 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Newark What's in the Newark data? There were 41 single-family homes for sale, providing 0.7 months of inventory. There were 21 new listings, and 15 homes sold at a median price of $1.4m. The median overbid percentage was at 103%, with an average of 19 days on the market. There were 14 condo and townhome units for sale, providing 0.7 months of inventory. There were 9 new listings and 9 units sold at a median sale price of $815k. The median overbid percentage was at 103%, with an average of 12 days on the market.


SFH

Single-Family Homes

21

15

New Listings

Sold Listings

0.7

$1.4M

Months of Inventory

Median Sale Price

103%

19

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

9

9

New Listings

Sold Listings

0.7

$815K

Months of Inventory

Median Sale Price

103%

12

Median Sale vs List

Avg Days on Market


Newark OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

70 60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 20

15

10

5

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has increased from $1.1m last October 2022, to $1.4m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $785k last October 2022, to $815k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 31 days last October 2022, to 19 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 94% last October 2022, to 103.4% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 93.8% last October 2022, to 103% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 26 days in October 2022, to 12 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Union City What's in the Union City data? There were 37 single-family homes for sale, providing 0.6 months of inventory. There were 12 new listings, and 17 homes sold at a median price of $1.2m. The median overbid percentage was at 105.6%, with an average of 21 days on the market. There were 18 condo and townhome units for sale, providing 1.8 months of inventory. There were 6 new listings and 9 units sold at a median sale price of $815k. The median overbid percentage was at 103.6%, with an average of 38 days on the market.


SFH

Single-Family Homes

12

17

New Listings

Sold Listings

0.6

$1.2M

Months of Inventory

Median Sale Price

105.6% 21 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

6

9

New Listings

Sold Listings

1.8

$815K

Months of Inventory

Median Sale Price

103.6%

38

Median Sale vs List

Avg Days on Market


Union City OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

70 60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 30 25 20 15 10 5 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has decreased from $1.4m last October 2022, to $1.2m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $520k last October 2022, to $815k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 34 days last October 2022, to 21 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 98.7% last October 2022, to 103.6% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 96.2% last October 2022, to 105.6% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 23 days in October 2022, to 38 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Hayward What's in the Hayward data? There were 139 single-family homes for sale, providing 1.4 months of inventory. There were 70 new listings, and 68 homes sold at a median price of $925k. The median overbid percentage was at 102.2%, with an average of 18 days on the market. There were 63 condo and townhome units for sale, providing 1.8 months of inventory. There were 25 new listings and 20 units sold at a median sale price of $712k. The median overbid percentage was at 100%, with an average of 23 days on the market.


SFH

Single-Family Homes

70

68

New Listings

Sold Listings

1.4

$925K

Months of Inventory

Median Sale Price

102.2% 18 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

25

20

New Listings

Sold Listings

1.8

$712K

Months of Inventory

Median Sale Price

100%

23

Median Sale vs List

Avg Days on Market


Hayward OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

250

200

150

100

50

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 100

80

60

40

20

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,000,000

$750,000

Single-Family Homes The median sales price has increased from $900k last October 2022, to $925k as of October 2023.

$500,000

$250,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $575k last October 2022, to $712k as of October 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went down from 35 days last October 2022, to 18 days as of October 2023.

25

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97.2% last October 2022, to 100% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 99.5% last October 2022, to 102.2% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 33 days in October 2022, to 23 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Castro Valley What's in the Castro Valley data? There were 53 single-family homes for sale, providing 1.3 months of inventory. There were 29 new listings, and 25 homes sold at a median price of $1.2m. The median overbid percentage was at 105.4%, with an average of 19 days on the market. There were 7 condo and townhome units for sale, providing 4 months of inventory. There were 3 new listings and 3 units sold at a median sale price of $1.1m. The median overbid percentage was at 100.8%, with an average of 8 days on the market.


SFH

Single-Family Homes

29

25

New Listings

Sold Listings

1.3

$1.2M

Months of Inventory

Median Sale Price

105.4% 19 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

3

3

New Listings

Sold Listings

4

$1.1M

Months of Inventory

Median Sale Price

100.8%

8

Median Sale vs List

Avg Days on Market


Castro Valley OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

100

80

60

40

20

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 14 12 10 8 6 4 2 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has increased from $1.2m last October 2022, to $1.28m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $610k last October 2022, to $1.1m as of October 2023.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went down from 26 days last October 2022, to 19 days as of October 2023.

50

25

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97.3% last October 2022, to 100.8% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 97.3% last October 2022, to 105.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 10 days in October 2022, to 8 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



San Leandro What's in the San Leandro data? There were 92 single-family homes for sale, providing 1.2 months of inventory. There were 46 new listings, and 35 homes sold at a median price of $850k. The median overbid percentage was at 104.2%, with an average of 17 days on the market. There were 33 condo and townhome units for sale, providing 2.2 months of inventory. There were 16 new listings and 7 units sold at a median sale price of $560k. The median overbid percentage was at 101.2%, with an average of 22 days on the market.


SFH

Single-Family Homes

46

35

New Listings

Sold Listings

1.2

$850K

Months of Inventory

Median Sale Price

104.2% 17 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

16

7

New Listings

Sold Listings

2.2

$560K

Months of Inventory

Median Sale Price

101.2%

22

Median Sale vs List

Avg Days on Market


San Leandro OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

120 100 80 60 40 20 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 40

30

20

10

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,000,000

$750,000

Single-Family Homes The median sales price has decreased from $862k last October 2022, to $850k as of October 2023.

$500,000

$250,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $585k last October 2022, to $560k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 23 days last October 2022, to 17 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has decreased from 101.5% last October 2022, to 101.2% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 94.8% last October 2022, to 104.2% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 29 days in October 2022, to 22 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Tri-Cities

Fremont, Newark & Union City

What's in the Tri-Cities data? There were 219 single-family homes for sale, providing 0.8 months of inventory. There were 110 new listings, and 95 homes sold at a median price of $1.6m. The median overbid percentage was at 104.8%, with an average of 15 days on the market. There were 147 condo and townhome units for sale, providing 1.9 months of inventory. There were 54 new listings and 43 units sold at a median sale price of $815k. The median overbid percentage was at 102.3%, with an average of 20 days on the market.


SFH

Single-Family Homes

110

95

New Listings

Sold Listings

0.8

$1.6M

Months of Inventory

Median Sale Price

104.8% 15 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

54

43

New Listings

Sold Listings

1.9

$815K

Months of Inventory

Median Sale Price

102.3%

20

Median Sale vs List

Avg Days on Market


Tri-Cities OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

350 300 250 200 150 100 50 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 200

150

100

50

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.4m last October 2022, to $1.6m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $801k last October 2022, to $815k as of October 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 29 days last October 2022, to 15 days as of October 2023.

20

10

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 96.9% last October 2022, to 102.3% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 95.9% last October 2022, to 104.8% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 34 days in October 2022, to 20 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Pleasanton What's in the Pleasanton data? There were 76 single-family homes for sale, providing 1.5 months of inventory. There were 40 new listings, and 26 homes sold at a median price of $1.7m. The median overbid percentage was at 100.4%, with an average of 12 days on the market. There were 14 condo and townhome units for sale, providing 0.6 months of inventory. There were 6 new listings and 5 units sold at a median sale price of $700k. The median overbid percentage was at 98.6%, with an average of 27 days on the market.


SFH

Single-Family Homes

40

26

New Listings

Sold Listings

1.5

$1.7M

Months of Inventory

Median Sale Price

100.4% 12 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

6

5

New Listings

Sold Listings

0.6

$700K

Months of Inventory

Median Sale Price

98.6%

27

Median Sale vs List

Avg Days on Market


Pleasanton OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

120 100 80 60 40 20 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 40

30

20

10

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.6m last October 2022, to $1.7m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $847k last October 2022, to $700k as of October 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 40 days last October 2022, to 12 days as of October 2023.

20

10

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 94.9% last October 2022, to 98.6% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 94.5% last October 2022, to 100.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 36 days in October 2022, to 27 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



San Ramon What's in the San Ramon data? There were 54 single-family homes for sale, providing 1.3 months of inventory. There were 33 new listings, and 29 homes sold at a median price of $1.8m. The median overbid percentage was at 100.4%, with an average of 13 days on the market. There were 45 condo and townhome units for sale, providing 2.2 months of inventory. There were 26 new listings and 18 units sold at a median sale price of $960k. The median overbid percentage was at 102.2%, with an average of 16 days on the market.


SFH

Single-Family Homes

33

29

New Listings

Sold Listings

1.3

$1.8M

Months of Inventory

Median Sale Price

100.4% 13 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

26

18

New Listings

Sold Listings

2.2

$960K

Months of Inventory

Median Sale Price

102.2%

16

Median Sale vs List

Avg Days on Market


San Ramon OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

100

80

60

40

20

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 70 60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.7m last October 2022, to $1.8m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $928k last October 2022, to $960k as of October 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went down from 28 days last October 2022, to 13 days as of October 2023.

25

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 96.1% last October 2022, to 102.2% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 95.6% last October 2022, to 100.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 28 days in October 2022, to 16 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Livermore What's in the Livermore data? There were 109 single-family homes for sale, providing 0.7 months of inventory. There were 57 new listings, and 51 homes sold at a median price of $1.2m. The median overbid percentage was at 103.5%, with an average of 24 days on the market. There were 26 condo and townhome units for sale, providing 1.6 months of inventory. There were 17 new listings and 13 units sold at a median sale price of $825k. The median overbid percentage was at 102.5%, with an average of 12 days on the market.


SFH

Single-Family Homes

57

51

New Listings

Sold Listings

0.7

$1.2M

Months of Inventory

Median Sale Price

103.5% 24 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

17

13

New Listings

Sold Listings

1.6

$825K

Months of Inventory

Median Sale Price

102.5%

12

Median Sale vs List

Avg Days on Market


Livermore OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 35 30 25 20 15 10 5 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has increased from $1.1m last October 2022, to $1.2m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $825.5k last October 2022, to $825k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 34 days last October 2022, to 24 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 94.9% last October 2022, to 102.5% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 94.1% last October 2022, to 103.5% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 53 days in October 2022, to 12 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Cupertino What's in the Cupertino data? There were 60 single-family homes for sale, providing 2.2 months of inventory. There were 20 new listings, and 15 homes sold at a median price of $3.2m. The median overbid percentage was at 102.8%, with an average of 11 days on the market. There were 23 condo and townhome units for sale, providing 1.8 months of inventory. There were 9 new listings and 7 units sold at a median sale price of $1.1m. The median overbid percentage was at 102.4%, with an average of 7 days on the market.


SFH

Single-Family Homes

20

15

New Listings

Sold Listings

2.2

$3.2M

Months of Inventory

Median Sale Price

102.8% 11 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

9

7

New Listings

Sold Listings

1.8

$1.1M

Months of Inventory

Median Sale Price

102.4%

7

Median Sale vs List

Avg Days on Market


Cupertino OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

70 60 50 40 30 20 10 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 30 25 20 15 10 5 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sales price has increased from $2.6m last October 2022, to $3.2m as of October 2023.

$2,000,000

$1,000,000

Condos & Townhomes O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23 Ja n

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $1m last October 2022, to $1.1m as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 15 days last October 2022, to 11 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 94.8% last October 2022, to 102.4% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has decreased from 102.9% last October 2022, to 102.8% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 44 days in October 2022, to 7 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Oakland What's in the Oakland data? There were 738 single-family homes for sale, providing 2.2 months of inventory. There were 259 new listings, and 177 homes sold at a median price of $1.1m. The median overbid percentage was at 111.2%, with an average of 30 days on the market. There were 254 condo and townhome units for sale, providing 5.3 months of inventory. There were 54 new listings and 43 units sold at a median sale price of $506k. The median overbid percentage was at 99.9%, with an average of 50 days on the market.


SFH

Single-Family Homes

259

177

New Listings

Sold Listings

2.2

$1.1M

Months of Inventory

Median Sale Price

111.2% 30 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.


CONDO

Condo & Townhomes

54

43

New Listings

Sold Listings

5.3

$506K

Months of Inventory

Median Sale Price

99.9%

50

Median Sale vs List

Avg Days on Market


Oakland OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

800

600

400

200

0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Single-Family Homes Last 12 months, year-over-year. 300 250 200 150 100 50 0

Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023


Median Sales Price

$1,250,000

$1,000,000

Single-Family Homes

$750,000

The median sales price has increased from $1m last October 2022, to $1.1m as of October 2023.

$500,000

$250,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $545k last October 2022, to $506k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went up from 27 days last October 2022, to 30 days as of October 2023.

20

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97% last October 2022, to 99.9% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has decreased from 111.8% last October 2022, to 111.2% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 43 days in October 2022, to 50 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0



Keller Williams Fremont 39465 Paseo Padre Parkway #1500 Fremont CA 94538

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