Kelsey Lane - August 2023 Market Report | Fremont

Page 1

August 2023 Copyright by KW Advisors 2023

Fremont area

Milpitas

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Fremont

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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

Tri-Cities

(Fremont, Newark & Union City)

Jump to Tri-Cities Report

Pleasanton

Jump to Pleasanton Report

San Ramon

Jump to San Ramon Report

Livermore

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?

I can help...

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

Sellers: Don’t Let These Two Things Hold You Back

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.

Challenge #1: The Reluctance to Take on a Higher Mortgage Rate

According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% .

Milpitas

What's in the Milpi

Milpitas had 40 homes for sa the market with 0.9 months o were 14 new listings and 17 h median sale price of $1.4m. T was 103.5%, averaging 20 da

There are currently 17 condo for sale, providing the market inventory This month, there w and 11 condos sold, with a m $950k. The median overbid w average of 17 days on the ma

17 Sold Listings

$1.4M Median Sale Price

20 Avg Days on Market

Homes includes all single-family homes, condos and July 2022 to July 2023. This may include time the data was gathered. All data is deemed 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

7 New Listings

1.7 Months of Inventory

104.4% Median Sale vs List

C Condo

LISTINGS FOR SALE SOLD LISTINGS

22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 -year. y -year

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 6m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

The median sales price has increased from $825k last July 2022, to $950k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 23 days last July 2022, to 20 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 15 days in July 2022, to 17 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 92 2% last July 2022, to 103 5% a year later

Condos & Townhomes

The overbid percentage has increased from 100.2% last July 2022, to 104.4% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Fremont

What's in the Fremont data?

In July, Fremont had 130 homes for sale, providing the market with 0.8 months of inventory. There were 73 new listings and 61 homes sold, with a median sale price of $1.6m. The median overbid was 105.3%, with an average of 15 days on the market.

There are currently 112 condo and townhome units for sale, providing the market with 1 3 months of inventory. There were 49 new listings and 44 homes sold, with a median sale price of $795k. The median overbid was 103.2%, with an average of 21 days on the market.

SFH Single-Family Homes

73 New Listings

61 Sold Listings

0.8 Months of Inventory

$1.6M Median Sale Price

105.3% 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 July 2022 to July 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.

CON Condo & Tow

49 New Listings

1.3 Months of Inventory

$7 Med

103.2% Median Sale vs List Avg D

Last 12 months, year-over-year.

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 500 400 300 200 100 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 300 200 100 0 Fremont JULY 2022 - JULY 2023
Single-Family Homes
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has remained at $1 6m since last July 2022

Condos & Townhomes

The median sales price has increased from $734k last July 2022, to $795k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 21 days last July 2022, to 15 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 24 days in July 2022, to 21 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last July 2022, to 105 3% a year later

Condos & Townhomes

The overbid percentage has increased from 99.9% last July 2022, to 103.2% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Newark

What's in the Newark data?

Newark had 52 single-family homes for sale in July, providing the market with 0.6 months of inventory. There were 30 new listings and 22 homes sold, with a median sale price of $1.2m. The median overbid was 103.3%, with an average of 12 days on the market.

Currently, 15 condo and townhome units are for sale, providing the market with 0 2 months of inventory. There were 13 new listings for sale and 8 condos sold, with a median sale price of $775k. The median overbid was 104.4%, with an average of 9 days on the market.

SFH Single-Family Homes

30 New Listings

22 Sold Listings

0.6 Months of Inventory

$1.2M Median Sale Price

103.3% Median Sale vs List

12 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.July

13 New Listings 0.2 Months of Inventory $775K Median Sale Price 104.4% Median Sale vs List 9 Avg Days on Market 8 Sold Listings CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 50 40 30 20 10 0 Newark
2022 - JULY 2023
JULY
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 4m last July 2022, to $1 2m as of July 2023

Condos & Townhomes

The median sales price has increased from $745k last July 2022, to $775k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 18 days last July 2022, to 12 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 17 days in July 2022, to 9 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99 4% last July 2022, to 103 3% a year later

Condos & Townhomes

The overbid percentage has increased from 103.5% last July 2022, to 104.4% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Union City

What's in the Union City data?

In July, Union City had 38 homes for sale, providing the market with only 0.8 months of inventory. There were 22 new listings added and 16 homes sold, with a median sale price of $1.4m. The median overbid was 105.7%, with an average of 14 days on the market.

Currently, 16 condo and townhome units are for sale, providing the market with 1 7 months of inventory. There were 11 new listings added and 9 condos sold, with a median sale price of $665k. The median overbid was 106.8%, with an average of 12 days on the market.

SFH Single-Family Homes

22 New Listings

16 Sold Listings

0.8 Months of Inventory

$1.4M Median Sale Price

105.7% Median Sale vs List

14 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.

New Listings
Months of Inventory $665K Median Sale Price 106.8% Median Sale vs List 12 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
11
1.7

Union City

JULY 2022 - JULY 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 3m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

The median sales price has increased from $520k last July 2022, to $665k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 37 days last July 2022, to 14 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 32 days in July 2022, to 12 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97 5% last July 2022, to 105 7% a year later

Condos & Townhomes

The overbid percentage has increased from 102.2% last July 2022, to 106.8% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Hayward

What's in the Hayward data?

Hayward had 129 homes for sale in July, providing only 1 month of inventory, indicating a strong seller's market. There were 63 new listings and 59 homes sold, with a median sale price of $920k and a median overbid of 104.5%. The average time spent on the market was 18 days.

There were 59 condo and townhome units for sale with 1 3 months of inventory, indicating a relatively balanced market. There were 25 new listings and 25 condos sold, with a median sale price of $680k and a median overbid of 102.8%. The average time spent on the market was 28 days.

SFH Single-Family Homes

63 New Listings

59 Sold Listings

1 Month of Inventory

$920K Median Sale Price

104.5% Median Sale vs List

18 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.

25 New Listings

Town

1.3 Months of Inventory

$68 Media

102.8% Median Sale vs List Avg Day

S
CON Condo &

LISTINGS FOR SALE SOLD LISTINGS

ul2023 Jul2023 y y

Median Sales Price

Single-Family Homes

The median sales price has increased from $900k last July 2022, to $920k as of July 2023

Condos & Townhomes

The median sales price has increased from $677k last July 2022, to $690k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 24 days last July 2022, to 18 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 25 days in July 2022, to 28 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99 7% last July 2022, to 104 5% a year later

Condos & Townhomes

The overbid percentage has increased from 101.2% last July 2022, to 102.8% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Castro Valley

What's in the Castro Valley data?

In July, Castro Valley had 64 homes for sale and only 0.5 months of inventory. There were 36 new listings and 38 homes sold, with a median sale price of $1.2m and a median overbid of 106.7%.

The average time spent on the market is currently 30 days.

There are currently only 6 condo and townhome units for sale with 5 months of inventory. There were 3 new listings, but 8 condos sold, with a median sale price of $1.1m and a median overbid of 104.5%. The average time on the market is currently 28 days

3 New Listings

8 Sold Listings

5 Months of Inventory

$1.1M Median Sale Price

104.5% Median Sale vs List

28 Avg Days on Market

Condo & Townhomes
CONDO

Castro Valley

JULY 2022 - JULY 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 1m last July 2022, to $1 2m as of July 2023

Condos & Townhomes

The median sales price has increased from $869k last July 2022, to $1.1m as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 22 days in July 2022, to 30 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 26 days in July 2022, to 28 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99 9% last July 2022, to 106 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98.5% last July 2022, to 104.5% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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San Leandro

What's in the Castro Valley data?

In July, San Leandro had 83 single-family homes for sale and only 0.7 months of inventory. There were 48 new listings and 36 homes sold, with a median sale price of $847k and a median overbid percentage of 106.3%. The average number of days on the market is currently 19 days.

There were 29 condo and townhome units for sale with 0.6 months of inventory. There were 12 new listings and 4 condos sold, with a median sale price of $587k and an overbid of 104 7% The average time on the market for condos is currently 24 days.

SFH Single-Family Homes

48 New Listings

36 Sold Listings

0.7 Months of Inventory

$847K Median Sale Price

106.3% Median Sale vs List

19 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.

1 New L 0 Months of In

104.7 Median Sale

LISTINGS FOR SALE SOLD LISTINGS

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 3 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 dro . y y

Median Sales Price

Single-Family Homes

The median sales price has decreased from $950k last July 2022, to $847k as of July 2023

Condos & Townhomes

The median sales price has increased from $560k last July 2022, to $587k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 22 days last July 2022, to 19 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 17 days in July 2022, to 24 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 1% last July 2022, to 106 3% a year later

Condos & Townhomes

The overbid percentage has increased from 104% last July 2022, to 104.7% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Tri-Cities

Fremont, Newark & Union City

What's in the Tri-Cities data?

In July, the Tri-Cities area had 220 homes for sale, providing only 0 7 months of inventory There were 125 new listings and 99 homes sold, with a median sale price of $1.4m and a median overbid of 105%. The average time on the market for homes is currently 14 days.

There are currently 95 condo and townhome units for sale with 1.2 months of inventory. There were 48 new listings and 33 condos sold, with a median sale price of $650k and a median overbid of 101.4%. The average time spent on the market is currently 20 days.

99 Sold Listings

$1.4M Median Sale Price

14 Avg Days on Market

includes all single-family homes, condos and July 2022 to July 2023. This may include the data was gathered. All data is deemed 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

omes

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 750 500 250 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 250 200 150 100 50 0 Tri-Cities
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 6m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

The median sales price has increased from $644k last July 2022, to $650k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 23 days last July 2022, to 14 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 27 days last July 2022, to 20 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100 2% last July 2022, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 100.5% last July 2022, to 101.4% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Pleasanton

What's in the Pleasanton dat

In July, Pleasanton had 76 single-family home sale, providing 0.7 months of inventory. There were 43 new listings and 45 homes sold, with median sale price of $1.8m and a median ove of 103.1%. The average time spent on the ma was 16 days.

Only 22 condo and townhome units are for sa providing 0 6 months of inventory There were new listings and 13 condos sold. The median price for condos was $757k, and the median overbid was 101.9%. The average time on the market was 14 days.

Condo & Town

13 New Listings

0.6 Months of Inventory

$75 Media

101.9% Median Sale vs List Avg Day

S
CON

LISTINGS FOR SALE SOLD LISTINGS

ul2023 Jul2023 y y

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 7m last July 2022, to $1 8m as of July 2023

Condos & Townhomes

The median sales price has decreased from $803k last July 2022, to $757k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 27 days last July 2022, to 16 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 18 days in July 2022, to 14 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96 4% last July 2022, to 103 1% a year later

Condos & Townhomes

The overbid percentage has remained at 101.9% since last July 2022.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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San Ramon

What's in the San Ramon data?

In July, San Ramon had 67 single-family homes for sale, providing the market with 0.8 months of inventory. There were 45 new listings, and 37 homes were sold with a median sale price of $1.9m. The median overbid was 100.9%, and the average time spent on the market was 10 days.

There were 38 condo and townhome units for sale, providing the market with 1 month of inventory. There were 17 new listings for sale, and 11 condos were sold with a median sale price of $680k. The median overbid was 103.3%, and the average time on the market was 14 days.

SFH Single-Family Homes

45 New Listings

37 Sold Listings

0.8 Months of Inventory

$1.9M Median Sale Price

100.9% Median Sale vs List

10 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.

17 New Listings 1 Month of Inventory $680K Median Sale Price 103.3% Median Sale vs List 14 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 250 200 150 100 50 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 125 100 75 50 25 0
2023
San Ramon JULY 2022 - JULY
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 8m last July 2022, to $1 9m as of July 2023

Condos & Townhomes

The median sales price has decreased from $917k last July 2022, to $680k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 29 days last July 2022, to 10 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 26 days last July 2022, to 14 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96 1% last July 2022, to 100 9% a year later

Condos & Townhomes

The overbid percentage has increased from 97.4% last July 2022, to 103.3% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Livermore

What's in the Livermore data?

Livermore had 104 single-family homes for sale in July and 0.9 months of inventory. There were 65 new listings and 52 homes sold, with a median sale price of $1.1m and a median overbid of 104.4%. The average time spent on the market was 13 days.

As for condos and townhomes, there were only 25 units for sale, providing 1 3 months of inventory There were 12 new listings and 18 condos sold. The median sale price for condos was $859k, with a median overbid of 101.1%, and the average time spent on the market was 17 days.

12 New Listings 1.3 Months of Inventory $859K Median Sale Price 101.1% Median Sale vs List 17 Avg Days on Market 18 Sold Listings CONDO Condo & Townhomes

LISTINGS FOR SALE SOLD LISTINGS

y y

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 2m last July 2022, to $1 1m as of July 2023

Condos & Townhomes

The median sales price has increased from $778k last July 2022, to $859k as of July 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 35 days last July 2022, to 13 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 18 days in July 2022, to 17 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97 1% last July 2022, to 104 4% a year later

Condos & Townhomes

The overbid percentage has increased from 100.4% last July 2022, to 101.1% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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: 39465 Paseo Padre Parkway #1500 Fremont CA 94538 KellerWilliamsFremont DRE #01390557 408-316-0660 Kelsey@KelseyLane.com www.KelseyLane.com KELSEY LANE Fern Lane Team

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