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That's really 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. At the end of the day, 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.
You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.
A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.
In February, Milpitas had a total of 41 homes for sale, providing the market with only 0.9 months of inventory. There were 41 new listings and a total of 13 homes sold, with a median sale price of $1.4m. The median overbid was 101.6%, with an average of 28 days on the market.
There are currently 44 condo and townhome units for sale, providing the market with 1.3 months of inventory. There were 44 new listings this month and a total of 11 condos sold, with a median sale price of $870k The median overbid was 95.5%, with an average of 23 days on the market.
Overall, the Milpitas real estate market for both single-family home and condos has continued to experience strong demand, with relatively low inventory levels.
The data includes all single-family homes, 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 on March 3rd. 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.
44
FEBRUARY 2022 - FEBRUARY 2023
ptember2022October2022November2022December2022January2023February2023
eptember2022October2022November2022December2022January2023February2023
Single-Family Homes
The median sales price has decreased from $1 5m last February 2022, to $1 4m as of February 2023
The median sales price has decreased from $1m last February 2022, to $870k as of February 2023
The average days on market went up from 13 days last February 2022, to 28 days as of February 2023
The average days on market went up from 7 days in February 2022, to 23 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 116 6% last February 2022, to 101 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 112.8% last February 2022, to 95.5% a year later
In February, Fremont had a total of 110 homes for sale, providing the market with only 1 month of inventory. There were 110 new listings and a total of 39 homes sold, with a median sale price of $1.5m. The median overbid was 98.6% with an average of 20 days on the market.
There are currently 111 condo and townhome units for sale, providing the market with 1.1 months of inventory There were a total of 18 condos sold, with a median sale price of $720k. The median overbid was 101.6%with an average of 32 days on the market.
Overall, the Fremont real estate market for both single-family homes and condos has continued to experience strong demand, with relatively low inventory levels
s nventory
39 Sold Listings
$1.5M Median Sale Price
6% vs List
20 Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
FEBRUARY 2022 - FEBRUARY 2023
The median sales price has decreased from $1 7m last February 2022, to $1 5m as of February 2023
The median sales price has decreased from $819k last February 2022, to $720k as of February 2023
The average days on market went up from 8 days last February 2022, to 20 days as of February 2023
The average days on market went up from 11 days in February 2022, to 32 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 117% last February 2022, to 98 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.9% last February 2022, to 101.6% a year later
In February, Newark had a total of 33 singlefamily homes for sale, providing the market with 2.1 months of inventory. There were 33 new listings and a total of 17 homes sold, with a median sale price of $1.2m. The median overbid was 100.3% with an average of 19 days on the market
There are currently a total of 9 condo and townhome units for sale, providing the market with 1.2 months of inventory.There were 9 new listings for sale and a total of 8 condos sold, with a median sale price of $817k. The median overbid was 100.3%, with an average of 54 days on the market
Overall, the market for both single-family homes and condos has experienced strong demand, with relatively low inventory levels.
MThe data includes all single-family homes, 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 on March 3rd. 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.
The median sales price has decreased from $1 3m last February 2022, to $1 2m as of February 2023
The median sales price has decreased from $875k last February 2022, to $817k as of February 2023
The average days on market went up from 6 days last February 2022, to 19 days as of February 2023
The average days on market went up from 16 days in February 2022, to 55 days as of February 2023.
The overbid percentage has decreased from 118 3% last February 2022, to 100 3% a year later
The overbid percentage has decreased from 112.6% last February 2022, to 100.3% a year later
In February, Union City had 30 homes for sale, providing the market with only 0.4 months of inventory. There were 30 new listings added and 18 homes sold, with a median sale price of $1.3m. The median overbid was 99.1%, with an average of 21 days on the market.
There are currently 12 condo and townhome units for sale, providing the market with 1.8 months of inventory. There were 12 new listings added and 4 condos sold, with a median sale price of $528k The median overbid was 92 3%, with an average of 22 days on the market.
Overall, the Union City real estate market has seen strong demand for both single-family homes and condos, with low inventory levels particularly impacting the market for singlefamily homes.
18 Sold Listings
$1.3M
Median Sale Price
21
Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
Single-Family Homes
The median sales price has decreased from $1 6m last February 2022, to $1 3m as of February 2023
The median sales price has decreased from $692k last February 2022, to $528k as of February 2023
The average days on market went up from 8 days last February 2022, to 21 days as of February 2023
The average days on market went up from 11 days in February 2022, to 40 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 118 1% last February 2022, to 99 1% a year later
Condos
The overbid percentage has decreased from 109.5% last February 2022, to 92.3% a year later
In February, Hayward had 133 homes for sale, providing only 0 9 months of inventory, indicating a strong seller's market. There were 133 new listings and 49 homes sold, with a median sale price of $875k and a median overbid of 100.4%. The average time spent on the market was 31 days.
There are currently 46 condo and townhome units for sale with 1 9 months of inventory, indicating a relatively balanced market. There were 46 new listings and 17 condos sold, with a median sale price of $622k and a median overbid of 96.2%. The average time spent on the market is currently 22 days
Overall, the market for single-family homes and condos in Hayward continues to be strong and competitive for buyers, with high demand and low inventory levels.
133 New Listings
49 Sold Listings
0.9 Months of Inventory
$875K Median Sale Price
100.4%
Median Sale vs List
31 Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
46
Single-Family Homes
Last 12 months, year-over-year. Condos & Townhomes
The median sales price has decreased from $1m last February 2022, to $875k as of February 2023
The median sales price has increased from $615k last February 2022, to $622k as of February 2023
The average days on market went up from 11 days last February 2022, to 31 days as of February 2023
The average days on market went up from 16 days in February 2022, to 22 days as of February 2023.
The overbid percentage has decreased from 115 4% last February 2022, to 100 4% a year later
The overbid percentage has decreased from 107.4% last February 2022, to 96.2% a year later
In February, Castro Valley had 46 homes for sale and only 1 month of inventory. There were 46 new listings and 15 homes sold, with a median sale price of $1m and a median overbid of 99.0%. The average time spent on the market for homes is currently 30 days.
There are currently only 5 condo and townhome units for sale with 0.7 months of inventory. There were 5 new listings, but no condos sold during that month. The median sale price and median sale over ask percentage was at 0. The average time on the market is currently 21 days.
Overall, the market for single-family homes in Castro Valley is strong, with high demand and low inventory, while the market for condos is relatively slow.
15 Sold Listings
$1M Median Sale Price 0% e vs List
30 Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
FEBRUARY 2022 - FEBRUARY 2023
Single-Family Homes
The median sales price has decreased from $1 3m last February 2022, to $1m as of February 2023
Condos & Townhomes
The median sales price has decreased from $875k last February 2022, to $0 as of February 2023
Single-Family Homes
The average days on market went up from 7 days last February 2022, to 30 days as of February 2023
Condos & Townhomes
The average days on market went up from 21 days in February 2022, to 21 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 118 1% last February 2022, to 99% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.1% last February 2022, to 0% a year later
In February, San Leandro had 67 single-family homes for sale and only 0.7 months of inventory. There were 67 new listings and 25 homes sold, with a median sale price of $778k and a median overbid percentage of 101.4%. The average number of days on the market is currently 22 days.
There are currently 22 condo and townhome units for sale with 1.7 months of inventory. There were 22 new listings and 4 condos sold, with a median sale price of $559k and a median overbid of 101.4%. The average time on the market for condos is currently 10 days
Overall, the market for single-family homes and condos in San Leandro continues to be strong and competitive for buyers, with high demand and low inventory levels for single-family homes, while the market for condos is relatively balanced.
67 New Listings
25 Sold Listings
0.7 Months of Inventory
$778K Median Sale Price
101.4%
Median Sale vs List
22 Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
22 New Listings
Listings
The median sales price has decreased from $999k last February 2022, to $778k as of February 2023
The median sales price has increased from $545k last February 2022, to $559k as of February 2023
The average days on market went up from 9 days last February 2022, to 22 days as of February 2023
The average days on market went down from 18 days in February 2022, to 10 days as of February 2023.
The overbid percentage has decreased from 121,1% last February 2022, to 101 4% a year later
The overbid percentage has decreased from 104.7% last February 2022, to 101.4% a year later
In February, the Tri-Cities area had 173 homes for sale, providing only 1 month of inventory. There were 173 new listings and 74 homes sold, with a median sale price of $1.4m and a median overbid of 99.1%. The average time on the market for homes is currently 20 days
There are currently 132 condo and townhome units for sale with 1.1 months of inventory. There were 132 new listings and 30 condos sold during that month, with a median sale price of $708k, and a median overbid of 100.3%. The average time spent on the market is currently 34 days.
Overall, the market for both single-family homes and condos in the Tri-Cities area is strong, with high demand and low inventory for single-family homes, while the market for condos is also active but with more inventory available.
74 Sold Listings mily Homes
$1.4M Median Sale Price
% st
20 Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
132
FEBRUARY 2022 - FEBRUARY 2023
The median sales price has decreased from $1 7m last February 2022, to $1 4m as of February 2023
The median sales price has decreased from $832k last February 2022, to $708k as of February 2023
The average days on market went up from 7 days last February 2022, to 20 days as of February 2023
The average days on market went up from 11 days in February 2022, to 34 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 117 4% last February 2022, to 99 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.9% last February 2022, to 100.3% a year later
In February, Pleasanton had 54 single-family homes for sale and only 1.1 months of inventory. There were 54 new listings and 17 homes sold, with a median sale price of $1.6m and a median overbid of 94.9%. The average time spent on the market is currently 17 days
There are currently only 21 condo and townhome units for sale, with 0.2 months of inventory. There were 21 new listings, and 8 condos sold. The median sale price for condos was $734k, and the median overbid was 97.5%. The average time on the market is currently 13 days
Overall, the market for single-family homes in Pleasanton remains highly competitive, while the market for condos is even more so, with low inventory and high demand.
The data includes all single-family homes, 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 on March 3rd. 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.
21
Single-Family Homes
The median sales price has decreased from $1 7m last February 2022, to $1 6m as of February 2023
Condos & Townhomes
The median sales price has decreased from $785k last February 2022, to $734k as of February 2023
Single-Family Homes
The average days on market went up from 6 days last February 2022, to 17 days as of February 2023
Condos & Townhomes
The average days on market went up from 6 days in February 2022, to 13 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 110 4% last February 2022, to 94 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 108.4% last February 2022, to 97.5% a year later
In February, San Ramon had 38 single-family homes for sale, which is providing the market with 0.9 months of inventory. There were 38 new listings, and 14 homes were sold with a median sale price of $1.7m. The median overbid was 92.6%, and the average time spent on the market was 18 days.
There are currently 31 condo and townhome units for sale, providing the market with 1.1 months of inventory. There were 31 new listings for sale, and 9 condos were sold with a median sale price of $813k. The median overbid was 97.4%, and the average time on the market was 24 days.
14 old Listings mes
$1.7M edian Sale Price
18 vg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
31
Single-Family Homes
The median sales price has decreased from $1 9m last February 2022, to $1 7m as of February 2023
Condos & Townhomes
The median sales price has increased from $800k last February 2022, to $813k as of February 2023
The average days on market went up from 6 days last February 2022, to 18 days as of February 2023
Condos & Townhomes
The average days on market went up from 6 days in February 2022, to 24 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 115 8% last February 2022, to 92 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.7% last February 2022, to 97.4% a year later
In February, Livermore had a total of 84 singlefamily homes for sale and 0.8 months of inventory. There were 84 new listings, and 47 homes sold, with a median sale price of $1m and a median overbid of 99.9%. The average time spent on the market is currently 17 days.
As for condos and townhomes, there are currently only 19 units for sale, with 0.5 months of inventory. There were 19 new listings and 9 condos sold. The median sale price for condos was $800k, with a median overbid of 99 1%, and the average time spent on the market is currently 11 days.
Overall, Livermore remains a highly competitive market for both single-family homes and condos, with low inventory and high demand driving up prices.
84 New Listings
47 Sold Listings
0.8 Months of Inventory
$1M Median Sale Price
99.9%
Median Sale vs List
17
Avg Days on Market
The data includes all single-family homes, 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 on March 3rd. 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.
FEBRUARY 2022 - FEBRUARY 2023
gle-Family Homes
t 12 months, year-over-year.
dos & Townhomes
t
Single-Family Homes
The median sales price has decreased from $1 2m last February 2022, to $1m as of February 2023
Condos & Townhomes
The median sales price has decreased from $873k last February 2022, to $800k as of February 2023
Single-Family Homes
The average days on market went up from 8 days last February 2022, to 17 days as of February 2023
Condos & Townhomes
The average days on market went up from 6 days in February 2022, to 12 days as of February 2023.
Single-Family Homes
The overbid percentage has decreased from 116 1% last February 2022, to 99 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.3% last February 2022, to 99.1% a year later
