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That's really the question you should be asking yourself
Our market is incredibly diverse, and it's changing rapidly
Values vary not just by neighborhood, but by street Your home isn't necessarily worth what your neighbors is At the end of the day, the current market sets the value of your home
So, do you know what your home is worth in today's market?
Icanhelp...
Contact me for a confidential, no obligation assessment of your home's value.
If buying or selling a home is one of your goals for 2023, then it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
Milpitas' single-family housing market saw a decrease to a $1.3 million median sold price. There were 12 units sold and 42 new listings. The condo & townhome market declined month-over-month with 39 new listings and 7 sales totaling approximately $840k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
2 istings
5 s of Inventory
12 Sold Listings
6.7% n Sale vs List
Family Homes Avg Days on Market
$1.3M Median Sale Price
16
includes all single-family, townhome, and condominium sales in Milpitas, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, and Castro Valley sourced from Broker Metrics. Data from sources deemed may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
39
3.1
Single Family Homes
The median sales price has decreased, from $1 6m last year's December, to $1 3m this year
Condos & Townhomes
The median sales price has decreased, from $1m last December 2021, to $840k by December 2022
The average days on market has increased, from 7 days of the same month last year, to 16 days this year.
Condos & Townhomes
The average days on market has gone down, from last year's December with 29 days, to 19 days this year
Single Family Homes
The overbid percentage has decreased, from 110.3% last year's December, to 96.7% this year.
Condos & Townhomes
The overbid percentage decreased, from 106.1% of December 2021, to 96.9% a year later.
Fremont's single-family housing market saw a decrease to a $1.4 million median sold price,. There were 44 units sold and 117 new listings. The condo & townhome market inclined month-over-month with 81 new listings and 49 sales totaling approximately $1.1 million. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
y
ly Homes
44 Sold Listings
$1.4M Median Sale Price
% 24
Avg Days on Market
single-family, townhome, and condominium sales in Milpitas, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, sourced from Broker Metrics. Data from sources deemed subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
81 New Listings
49 Sold Listings
2
$1.1M
ngle Family Homes
Single Family Homes
The median sales price has decreased, from $1 6m in December 2021, to $1 4m in December 2022
Condos & Townhomes
The median sales price has increased, from $830k in December 2021, to $1.1m in December 2022.
The average days on market increased, from 14 days last December 2021, to 24 days by December 2022.
Condos & Townhomes
The average days on market increased, from 19 days in December 2021, to 40 days this year
Single Family Homes
The overbid percentage decreased, from 110.9% last December 2021, to 94.9% a year later.
Condos & Townhomes
The overbid percentage decreased, from 104 1% last December 2021, to 101 2% a year later
Newark's single-family housing market saw a decrease to a $1.1 million median sold price. There were 16 units sold and 31 new listings. The condo & townhome market inclined month-over-month with 14 new listings and 3 sales, totaling approximately $962k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
31 New Listings
16 Sold Listings
0.9 Months of Inventory
$1.1M Median Sale Price
97.1% Median Sale vs List
37
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
14 New Listings
1.8 Months of Inventory
3 Sold Listings
ngle Family Homes
ndos
Single Family Homes
The median sales price slightly decreased, from $1 2m in December 2021, to $1 1m in December 2022
Condos & Townhomes
The median sales price has increased, from $656k in December 2021, to $962k in December 2022.
The average days on market increased, from 13 days last December 2021, to 37 days by December 2022
Condos & Townhomes
The average days on market decreased, from 16 days in December 2021, to 7 days this year
Single Family Homes
The overbid percentage has decreased, from 110.5% last December 2021, to 97.1% a year later.
Condos & Townhomes
The overbid percentage has decreased, from 103% last December 2021, to 91 5% a year later
Union City's single-family housing market saw a decrease to a $1.2 million median sold price. There were 17 units sold and 32 new listings. The condo & townhome market declined month-over-month with 18 new listings and 8 sales, totaling approximately $523k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
32 ew Listings
17 Sold Listings
0.9 onths of Inventory $1.2M Median Sale Price
98.8% edian Sale vs List
Family Homes Avg Days on Market
37
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
18
Single Family Homes
The median sales price has decreased, from $1 4m last December 2021, to $1 2m on December 2022
Condos & Townhomes
The median sales price has decreased, from $602k last December 2021, to $523k on December 2022.
Single Family Homes
The average days on market is up from 14 days last December 2021, to 37 days by December 2022.
Condos & Townhomes
The average days on market is up from 41 days last December 2021, to 48 days by December 2022
Single Family Homes
The overbid percentage is down from 111.8% last December 2021 to 98.8% a year later.
Condos & Townhomes
The overbid percentage has gone down, from 102 2% last December 2021, to 90.4% a year later.
Hayward's single-family housing market saw a decrease to an $835k median sold price. There were 46 units sold and 137 new listings. The condo & townhome market declined month-over-month with 53 new listings and 16 sales, totaling approximately $605k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
Ket sales in Milpitas, Pleasanton, San Ramon, sources deemed reserved. Each
ingle Family Homes
ast 12 months, year-over-year.
ondos & Townhomes
ast 12 months, year-over-year
Single Family Homes
The median sales price decreased, from $940k in December 2021, to $835k in December 2022
Condos & Townhomes
The median sales price decreased, from $719k in December 2021, to $605k in December2022.
Single Family Homes
The average days on market increased, from 21 days last December 2021, to 33 days by December 2022.
Condos & Townhomes
The average days on market increased, from 18 days in December 2021, to 67 days this year
Single Family Homes
The overbid percentage decreased, from 108.8% last December 2021, to 95.6% a year later.
Condos & Townhomes
The overbid percentage decreased, from 102 2% last December 2021, to 94 9% a year later.
Castro Valley's single-family housing market saw a decreased to a $1 million median sold price. There were 37 units sold and 64 new listings. The condo & townhome market declined month-over-month with 5 new listings and 3 sales, totaling approximately $650k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of homes being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
1M Sale Price
3
7 stings s ys on Market
condominium sales in Milpitas, Tri-Cities, Pleasanton, San Ramon, Metrics. Data from sources deemed © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
5 New Listings
3 Sold Listings
Single Family Homes
Single Family Homes
The median sales price has decreased, from $1 2m last December 2021, to $1m in December 2022
Condos & Townhomes
The median sales price has decreased, from $900k last December 2021, to $650k in December 2022.
Single Family Homes
The average days on market is up from 9 days last December 2021, to 33 days by December 2022
Condos & Townhomes
The average days on market is up from 26 days in December 2021, to 116 days in December 2022
Single Family Homes
The overbid percentage has decreased, from 109.4% in December 2021, to 97.3% a year later.
Condos & Townhomes
The overbid percentage has gone down from 102% last December 2021 to 98.4% a year later.
San Leandro's single-family housing market saw a decrease to a $843k median sold price. There were 34 units sold and 74 new listings. The condo & townhome market inclined month-over-month with 20 new listings and 14 sales, totaling approximately $542k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
20
2.8
Single Family Homes
The median sales price slightly decreased, from $875k in December 2021, to $843k in December 2022
Condos & Townhomes
The median sales price increased, from $534k in December 2021, to $542k in December 2022.
Single Family Homes
The average days on market increased, from 17 days last December 2021, to 30 days by December 2022
Condos & Townhomes
The average days on market increased, from 41 days in December 2021, to 60 days this year
Single Family Homes
The overbid percentage decreased, from 107.8% last December 2021, to 95.9% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 1% last December 2021, to 93 3% a year later
Tri-Cities' single-family housing market saw a decrease to a $1.3 million median sold price. There were 77 units sold and 180 new listings. The condo & townhome market inclined month-over-month with 113 new listings and 60 sales, totaling approximately $1.1 million. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of homes purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
180 New Listings
77 Sold Listings
1.2 Months of Inventory
$1.3M Median Sale Price
96%
Median Sale vs List
30
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
113 New Listings
Single Family Homes
Single Family Homes
The median sales price decreased, from $1.5m in December 2021, to $1.3m in December 2022.
Condos & Townhomes
The median sales price increased, from $803k in December 2021, to $1 1m in December 2022
Single Family Homes
The average days on market increased, from 14 days last December 2021, to 30 days by December 2022.
Condos & Townhomes
The average days on market increased, from 21 days in December 2021, to 37 days this year
Single Family Homes
The overbid percentage decreased, from 111% last December 2021, to 96% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 7% last December 2021, to 99 7% a year later
Pleasanton's single-family housing market saw a decrease to a $1.5 million median sold price. There were 19 units sold and 51 new listings. The condo & townhome market declined month-over-month with 19 new listings and 6 sales, totaling approximately $751k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between pricing range and active options in the marketplace.
entory
19 Sold Listings
$1.5M Median Sale Price
% s List 45 Avg Days on Market
single-family, townhome, and condominium sales in Milpitas, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Valley sourced from Broker Metrics. Data from sources deemed errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
19
1.8
Single Family Homes
The median sales price decreased, from $1 7m in December 2021, to $1 5m in December 2022
Condos & Townhomes
The median sales price decreased, from $790k in December 2021, to $751k in December 2022
The average days on market increased, from 6 days last December 2021, to 45 days by December 2022.
Condos & Townhomes
The average days on market increased, from 18 days in December 2021, to 41 days this year
Single Family Homes
The overbid percentage decreased, from 110.5% last December 2021, to 91.2% a year later.
Condos & Townhomes
The overbid percentage decreased, from 103 8% last December 2021, to 94.8% a year later.
San Ramon's single-family housing market saw a decrease to a $1.5 million median sold price. There were 17 units sold and 41 new listings. The condo & townhome market inclined month-over-month with 34 new listings and 4 sales, totaling approximately $1 million. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
41 New Listings
17 Sold Listings
2.2 Months of Inventory
$1.5M Median Sale Price
92.5%
Median Sale vs List
31
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon, Livermore, and Castro Valley sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
34
New Listings
4 Sold Listings
2.8
Months of Inventory
$1M
Median Sale Price 95.3%
Median Sale vs List
67
Avg Days on Market
Single Family Homes
The median sales price decreased, from $1 7m in December 2021, to $1 5m in December 2022
Condos & Townhomes
The median sales price increased, from $725k in December 2021, to $1m in December 2022.
Single Family Homes
The average days on market increased, from 7 days last December 2021, to 31 days by December 2022
Condos & Townhomes
The average days on market increased, from 16 days in December 2021, to 67 days this year
Single Family Homes
The overbid percentage decreased, from 112.6% last December 2021, to 92.5% a year later.
Condos & Townhomes
The overbid percentage decreased, from 105 3% last December 2021, to 95 3% a year later
Livermore's single-family housing market saw a decrease to a $992k median sold price. There were 62 units sold and 99 new listings. The condo & townhome market inclined month-over-month with 22 new listings and 7 sales, totaling approximately $723k. Buyers have remained aggressive with their offer prices remaining at around 100%. Due to only 6% of home purchases being completed, the market has seen a decrease in supply. Combine these factors with the surging demand, and the cost of buying continues being pushed up. This is creating an imbalance between the pricing range and active options in the marketplace.
22
New Listings
7
Sold Listings
0.6
Months of Inventory
$723K
Median Sale Price 93.1%
Median Sale vs List
34 Avg Days on Market
Single Family Homes
The median sales price decreased, from $1m in December 2021, to $992k in December 2022
Condos & Townhomes
The median sales price decreased, from $825k in December 2021, to $723k in December 2022.
Single Family Homes
The average days on market increased, from 19 days last December 2021, to 38 days by December 2022.
Condos & Townhomes
The average days on market increased, from 10 days in December 2021, to 34 days this year.
Single Family Homes
The overbid percentage decreased, from 104.3% last December 2021, to 95% a year later.
Condos & Townhomes
The overbid percentage decreased, from 102.8% last December 2021, to 93.1% a year later.
