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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.
If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.
To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you decide.
Milpitas had 50 homes for sale in June, providing the market with 1.2 months of inventory. There were 27 new listings and 23 homes sold, with a median sale price of $1.5m. The median overbid was 101.3%, averaging 11 days on the market.
There are currently 48 condo and townhome units for sale, providing the market with 1.7 months of inventory This month, there were 21 new listings and 21 condos sold, with a median sale price of $1.1m. The median overbid was 104.6%, with an average of 10 days on the market.
27 New Listings
23 Sold Listings
1.2 Months of Inventory
$1.5M Median Sale Price
101.3%
Median Sale vs List
11 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 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.
21 New Listings
21 Sold Listings
1.7
Months of Inventory
$1.1M Median Sale Price
104.6%
Median Sale vs List 10 Avg Days on Market
JUNE 2022 - JUNE 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Single-Family Homes
The median sales price has remained at $1 5m since June 2022
Condos & Townhomes
The median sales price has remained at $1.1m since June 2022.
Single-Family Homes
The average time spent on the market went down from 20 days last June 2022, to 11 days as of June 2023
Condos & Townhomes
The average time spent on the market went down from 14 days in June 2022, to 10 days as of June 2023
Single-Family Homes
The overbid percentage has decreased from 105 7% last June 2022, to 101 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.7% last June 2022, to 104.6% a year later.
In June, Fremont had 125 homes for sale, providing the market with 0.8 months of inventory. There were 75 new listings and 70 homes sold, with a median sale price of $1.6m. The median overbid was 105.5%, with an average of 10 days on the market.
There are currently 122 condo and townhome units for sale, providing the market with 1 2 months of inventory. There were 40 condos sold, with a median sale price of $833k. The median overbid was 102.3%, averaging 17 days on the market.
JUNE 2022 - JUNE 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
The median sales price has decreased from $1 7m last June 2022, to $1 6m as of June 2023
The median sales price has decreased from $950k last June 2022, to $833k as of June 2023.
The average time spent on the market went down from 15 days last June 2022, to 10 days as of June 2023
The average time spent on the market went up from 16 days in June 2022, to 17 days as of June 2023
The overbid percentage has increased from 105 3% last June 2022, to 105 5% a year later
The overbid percentage has decreased from 104.3% last June 2022, to 102.3% a year later.
Newark had 51 single-family homes for sale in June, providing the market with 0.7 months of inventory. There were 25 new listings and 25 homes sold, with a median sale price of $1.3m. The median overbid was 107.2%, with an average of 15 days on the market.
Currently, 14 condo and townhome units are for sale, providing the market with 0 2 months of inventory. There were 9 new listings for sale and 7 condos sold, with a median sale price of $930k. The median overbid was 104.2%, with an average of 9 days on the market.
25 New Listings
25 Sold Listings
0.7 Months of Inventory
$1.3M Median Sale Price
107.2% Median Sale vs List
15 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 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.June
Last
Single-Family Homes
The median sales price has remained at $1 3m since last June 2022
Condos & Townhomes
The median sales price has decreased from $1m last June 2022, to $930k as of June 2023.
Single-Family Homes
The average time spent on the market went up from 14 days last June 2022, to 15 days as of June 2023
Condos & Townhomes
The average time spent on the market went down from 13 days in June 2022, to 9 days as of June 2023
Single-Family Homes
The overbid percentage has increased from 106 3% last June 2022, to 107 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.7% last June 2022, to 104.2% a year later.
In June, Union City had 40 homes for sale, providing the market with only 0.8 months of inventory. There were 27 new listings added and 17 homes sold, with a median sale price of $1.3m. The median overbid was 105.1%, with an average of 9 days on the market.
Currently, 15 condo and townhome units are for sale, providing the market with 0 5 months of inventory. There were 10 new listings added and 8 condos sold, with a median sale price of $695k. The median overbid was 107.4%, with an average of 9 days on the market.
JUNE
- JUNE 2023
ngle-Family Homes ast 12 months, year-over-year.
ondos & Townhomes
Single-Family Homes
The median sales price has remained at $1 3m since last June 2022
Condos & Townhomes
The median sales price has decreased from $810k last June 2022, to $695k as of June 2023.
Single-Family Homes
The average time spent on the market went down from 19 days last June 2022, to 9 days as of June 2023
Condos & Townhomes
The average time spent on the market went down from 10 days in June 2022, to 9 days as of June 2023
Single-Family Homes
The overbid percentage has increased from 103 6% last June 2022, to 105 1% a year later
Condos & Townhomes
The overbid percentage has increased from 103.9% last June 2022, to 107.4% a year later.
In June, Hayward had 149 homes for sale, providing only 0.9 months of inventory, indica a strong seller's market. There were 80 new listings and 62 homes sold, with a median sa price of $917k and a median overbid of 105.6
The average time spent on the market was 1 days.
There are currently 72 condo and townhome for sale with 0.9 months of inventory, indicat relatively balanced market. There were 33 ne listings and 25 condos sold, with a median sa price of $687k and a median overbid of 100.4
The average time spent on the market is curr 18 days.
33
The median sales price has decreased from $950k last June 2022, to $917k as of June 2023
The median sales price has increased from $652k last June 2022, to $687k as of June 2023.
The average time spent on the market went down from 19 days last June 2022, to 15 days as of June 2023
The average time spent on the market went down from 21 days in June 2022, to 18 days as of June 2023
The overbid percentage has increased from 104 5% last June 2022, to 105 6% a year later
The overbid percentage has decreased from 105.1% last June 2022, to 100.4% a year later.
In June, Castro Valley had 69 homes for sale and only 0.8 months of inventory. There were 38 new listings and 29 homes sold, with a median sale price of $1.2m and a median overbid of 103.9%. The average time spent on the market is currently 22 days.
There are currently only 9 condo and townhome units for sale with 0.5 months of inventory. There were 6 new listings, but 5 condos sold, with a median sale price of $1m and a median overbid of 106.1%. The average time on the market is currently 23 days
6 New Listings 0.5 Months of Inventory $1M
Sale Price 106.1% Median Sale vs List 23 Avg Days on Market 5 Sold Listings
JUNE
- JUNE 2023
ngle-Family Homes ast 12 months, year-over-year.
ondos & Townhomes ast 12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
The median sales price has decreased from $1 4m last June 2022, to $1 2m as of June 2023
Condos & Townhomes
The median sales price has remained at $0 since last June 2022.
Single-Family Homes
The average time spent on the market has remained at 22 days since last June 2022,
Condos & Townhomes
The average time spent on the market went up from 17 days in June 2022, to 23 days as of June 2023
Single-Family Homes
The overbid percentage has decreased from 105 7% last June 2022, to 103 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 109.1% last June 2022, to 106.1% a year later.
In June, San Leandro had 70 single-family homes for sale and only 0.9 months of inventory. There were 43 new listings and 41 homes sold, with a median sale price of $865k and a median overbid percentage of 107.2%. The average number of days on the market is currently 13 days.
There are currently 33 condo and townhome units for sale with 1.6 months of inventory. There were 15 new listings and 10 condos sold, with a median sale price of $520k and an overbid of 101 5% The average time on the market for condos is currently 27 days.
15 New Listings
Median Sale vs List 27 Avg Days on Market 10 Sold Listings
- JUNE 2023
ngle-Family Homes ast 12 months, year-over-year.
ondos & Townhomes ast 12 months, year-over-year
The median sales price has decreased from $891k last June 2022, to $865k as of June 2023
The median sales price has decreased from $615k last June 2022, to $520k as of June 2023.
The average time spent on the market went down from 16 days last June 2022, to 13 days as of June 2023
The average time spent on the market went up from 18 days in June 2022, to 27 days as of June 2023
The overbid percentage has decreased from 112 2% last June 2022, to 107 2% a year later
The overbid percentage has decreased from 108.3% last June 2022, to 101.5% a year later.
In June, the Tri-Cities area had 216 homes for sale, providing only 0 8 months of inventory There were 127 new listings and 112 homes sold, with a median sale price of $1.5m and a median overbid of 105.8%. The average time on the market for homes is currently 11 days.
There are currently 151 condo and townhome units for sale with 1 month of inventory. There were 83 new listings and 55 condos sold, with a median sale price of $810k and a median overbid of 103.2%. The average time spent on the market is currently 15 days.
27 Listings
112 Sold Listings
.8 ths of Inventory
$1.5M Median Sale Price
05.8% ian Sale vs List
11 Avg Days on Market
data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 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.
83 New Listings 1
ngle-Family Homes ast 12 months, year-over-year.
Single-Family Homes
The median sales price has remained at $1 5m since last June 2022
Condos & Townhomes
The median sales price has decreased from $951k last June 2022, to $810k as of June 2023.
Single-Family Homes
The average time spent on the market went down from 15 days last June 2022, to 11 days as of June 2023
Condos & Townhomes
The average time spent on the market has remained at 15 days since June 2022
Single-Family Homes
The overbid percentage has increased from 105 2% last June 2022, to 105 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.6% last June 2022, to 103.2% a year later.
In June, Pleasanton had 91 single-family hom for sale, providing 0.7 months of inventory. Th were 57 new listings and 41 homes sold, with median sale price of $1.7m and a median ove of 103.4%. The average time spent on the ma is currently 13 days.
Currently, only 21 condo and townhome units for sale, providing 0 6 months of inventory Th were 14 new listings and 9 condos sold. The median sale price for condos was $845k, and median overbid was 104.3%. The average tim the market is currently 15 days.
Median Sale vs List Avg Day
The median sales price has remained from $1 7m last June 2022, to $1 7m as of June 2023
The median sales price has increased from $777k last June 2022, to $845k as of June 2023.
The average time spent on the market went down from 19 days last June 2022, to 13 days as of June 2023
The average time spent on the market went up from 8 days in June 2022, to 15 days as of June 2023
The overbid percentage has increased from 100 4% last June 2022, to 103 4% a year later
The overbid percentage has increased from 102.4% last June 2022, to 104.3% a year later.
In June, San Ramon had 63 single-family homes for sale, providing the market with 0.6 months of inventory. There were 37 new listings, and 38 homes were sold with a median sale price of $1.8m. The median overbid was 103.3%, and the average time spent on the market was 15 days.
There are currently 32 condo and townhome units for sale, providing the market with 2 3 months of inventory. There were 20 new listings for sale, and 17 condos were sold with a median sale price of $853k. The median overbid was 104.4%, and the average time on the market was 14 days.
37 New Listings
38 Sold Listings
0.6 Months of Inventory
$1.8M Median Sale Price
103.3% Median Sale vs List
15 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 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.
20
2.3
Last 12 months, year-over-year. Condos & Townhomes
Last 12 months, year-over-year
The median sales price has decreased from $2m last June 2022, to $1 8m as of June 2023
Condos & Townhomes
The median sales price has increased from $750k last June 2022, to $853k as of June 2023.
The average time spent on the market went down from 18 days last June 2022, to 15 days as of June 2023
Condos & Townhomes
The average time spent on the market has remained at 14 days since June 2022
The overbid percentage has decreased from 103 9% last June 2022, to 103 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 104.7% last June 2022, to 104.4% a year later.
Livermore had 103 single-family homes for sale in June and 0.6 months of inventory. There were 65 new listings and 67 homes sold, with a median sale price of $1.2m and a median overbid of 104.2%. The average time spent on the market is currently 13 days.
As for condos and townhomes, there are currently only 32 units for sale, providing 0 8 months of inventory. There were 22 new listings and 10 condos sold. The median sale price for condos was $804k, with a median overbid of 101.9%, and the average time spent on the market is currently 10 days.
The median sales price has remained at $1 2m since last June 2022
The median sales price has increased from $754k last June 2022, to $804k as of June 2023.
The average time spent on the market went down from 23 days last June 2022, to 13 days as of June 2023
Condos & Townhomes
The average time spent on the market went down from 12 days in June 2022, to 10 days as of June 2023
Single-Family Homes
The overbid percentage has decreased from 104 8% last June 2022, to 104 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.3% last June 2022, to 101.9% a year later.
