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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.
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:
“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”
And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.
In April, Milpitas had a total of 45 homes for sale, providing the market with only 1.7 months of inventory. There are 23 new listings and a total of 20 homes sold, with a median sale price of $1.4m. The median overbid was 102.4%, with an average of 11 days on the market.
There are currently 36 condo and townhome units for sale, providing the market with 3 4 months of inventory. There are 16 new listings this month and a total of 13 condos sold, with a median sale price of $976k. The median overbid was 103.9%, with an average of 21 days on the market.
23 New Listings
20 Sold Listings
1.7 Months of Inventory
$1.4M Median Sale Price
102.4% Median Sale vs List
11 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 May 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.
16
Last
Last
Single-Family Homes
The median sales price has decreased from $1 6m in April 2022, to $1 4m as of April 2023
Condos & Townhomes
The median sales price has decreased from $1.2m in April 2022, to $976k as of April 2023.
The average time spent on the market increased from 10 days in April 2022, to 11 days as of April 2023
Condos & Townhomes
The average time spent on the market increased from 8 days in April 2022, to 21 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 117 7% in April 2022, to 102 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 114.4% in April 2022, to 103.9% a year later.
48 Sold Listings ily Homes
y
% t
$1.4M Median Sale Price
13
Avg Days on Market
single-family homes, townhome, and condominium sales in Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Castro Valley sourced from Broker Metrics on May 3rd. Data may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
40
The median sales price has decreased from $1 8m in April 2022, to $1 4m as of April 2023
Condos & Townhomes
The median sales price has decreased from $940k in April 2022, to $702k as of April 2023.
The average time spent on the market increased from 9 days in April 2022, to 13 days in April 2023
Condos & Townhomes
The average time spent on the market increased from 11 days in April 2022, to 29 days in April 2023
Single-Family Homes
The overbid percentage has decreased from 115 2% in April 2022, to 104 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 111.1% in April 2022, to 101.1% a year later.
In April, Newark had a total of 45 single-family homes for sale, providing the market with 0.9 months of inventory. There are 28 new listings and a total of 22 homes sold, with a median sale price of $1.2m. The median overbid was 104.7% with an average of 10 days on the market.
There are currently a total of 8 condo and townhome units for sale, providing the market with 0.6 months of inventory. There are 5 new listings for sale and a total of 4 condos sold, with a median sale price of $639k. The median overbid was 102.6%, with an average of 11 days on the market.
tings
9 of Inventory
22 Sold Listings
$1.2M Median Sale Price
4.7% Sale vs List
10 Avg Days on Market
includes all single-family homes, townhome, and condominium sales in mont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San rmore, and Castro Valley sourced from Broker Metrics on May 3rd. Data ources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
October2022November2022December2022January2023February2023 March2023 April2023
The median sales price has decreased from $1 4m in April 2022, to $1 2m as of April 2023
Condos & Townhomes
The median sales price has decreased from $975k in April 2022, to $639k as of April 2023.
The average time spent on the market decreased from 15 days in April 2022, to 10 days as of April 2023
The average time spent on the market decreased from 9 days in April 2022, to 11 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 115 5% in April 2022, to 104 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 114.8% in April 2022, to 102.6% a year later.
What' In April, U providing inventory homes s The med of 8 days
There are for sale, inventory condos s The med of 11 day
The median sales price has decreased from $1 5m in April 2022, to $1 2m as of April 2023
Condos & Townhomes
The median sales price has decreased from $846K in April 2022, to $702K as of April 2023.
The average time spent on the market decreased from 14 days in April 2022, to 8 days as of April 2023
The average time spent on the market decreased from 21 days in April 2022, to 11 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 116% in April 2022, to 104 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 112.1% in April 2022, to 103.8% a year later.
In April, Hayw providing on 67 new listin sale price of 103.1%. The was 19 days There are cu for sale with new listings sale price of 100.2%. The currently 23
32 New Listings
1.2
Months of Inventory
100.2%
Median Sale vs List
The median sales price has decreased from $1m in April 2022, to $835k as of April 2023
The median sales price has decreased from $702k in April 2022, to $635k as of April 2023.
The average time spent on the market increased from 13 days in April 2022, to 19 days as of April 2023
The average time spent on the market increased from 15 days in April 2022, to 23 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 115 6% last April 2022, to 103 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.4% last April 2022, to 100.2% a year later.
The median sales price has decreased from $1 4m in April 2022, to $1 2m as of April 2023
The median sales price has increased from $794k in April 2022, to $812k as of April 2023.
The average time spent on the market increased from 9 days in April 2022, to 22 days as of April 2023
The average time spent on the market increased from 16 days in April 2022, to 44 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 117 6% in April 2022, to 102 9% a year later
Condos & Townhomes
The overbid percentage has increased from 106.1% in April 2022, to 106.6% a year later.
16 New Listings
7 Sold Listings
1.6 Months of Inventory $440K
Sale Price 101.7% Median Sale vs List 23 Avg Days on Market
The median sales price has decreased from $1m in April 2022, to $834k as of April 2023
The median sales price has decreased from $627k in April 2022, to $440k as of April 2023.
The average time spent on the market increased from 9 days in April 2022, to 25 days as of April 2023
The average time spent on the market increased from 13 days in April 2022, to 23 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 118 6% in April 2022, to 102 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.1% in April 2022, to 101.7% a year later.
In April, the Tri-Cities area had 212 homes for sale, providing 0 7 months of inventory There are 135 new listings and 90 homes sold; with a median sale price of $1.3m, and a median overbid of 104.7%. The average time spent on the market for homes is currently 11 days.
There are currently 129 condo and townhome units for sale with 1.1 months of inventory. There are 57 new listings and 42 condos sold during that month; with a median sale price of $690k, and a median overbid of 101.6%. The average time spent on the market is currently 25 days.
135 New Listings
90 Sold Listings
0.7 Months of Inventory
$1.3M Median Sale Price
104.7% Median Sale vs List
11 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 May 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.
57
Listings
42 Sold Listings
Last
Last
Single-Family Homes
The median sales price has decreased from $1 7m in April 2022, to $1 3m as of April 2023
Condos & Townhomes
The median sales price has decreased from $933k in April 2022, to $690k as of April 2023.
Single-Family Homes
The average remained at 11 days from April 2022 to April 2023
Condos & Townhomes
The average time spent on the market increased from 12 days in April 2022, to 25 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 115 4% in April 2022, to 104 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 111.9% in April 2022, to 101.6% a year later.
Single-Family Homes
The median sales price has decreased from $2m in April 2022, to $1 7m as of April 2023
Condos & Townhomes
The median sales price has decreased from $850k in April 2022, to $715k as of April 2023.
Single-Family Homes
The average time spent on the market increased from 9 days in April 2022, to 13 days as of April 2023
Condos & Townhomes
The average time spent on the market increased from 7 days in April 2022, to 28 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 116 4% in April 2022, to 102 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.5% in April 2022, to 103.3% a year later.
San Ramon had 68 sin providing the market w
There are 42 new listin sold with a median sa median overbid was 1 days on the market.
There are currently 31 for sale, providing the inventory. There are 16 15 condos were sold w $813k. The median ov average time on the m
5 Listings s
1.7M n Sale Price
8 ays on Market
wnhome, and condominium sales in Leandro, Tri-Cities, Pleasanton, San Broker Metrics on May 3rd. Data be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
16 New Listings
Listings
Single-Family Homes
The median sales price has decreased from $2m in April 2022, to $1 7m as of April 2023
Condos & Townhomes
The median sales price has increased from $837k in April 2022, to $920k as of April 2023.
Single-Family Homes
The average time spent on the market increased from 7 days last April 2022, to 18 days as of April 2023
Condos & Townhomes
The average time spent on the market decreased from 7 days in April 2022, to 10 days as of April 2023
Single-Family Homes
The overbid percentage has decreased from 116 5% in April 2022, to 102 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.1% in April 2022, to 101.7% a year later.
Livermore for sale, p are 64 ne median s of 102.4% is current
As for con 19 units f There are median s median o spent on
Mcondominium sales in Pleasanton, San May 3rd. Data © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
Single-Family Homes
The median sales price has decreased from $1 3m in April 2022, to $1 2m as of April 2023
Condos & Townhomes
The median sales price has decreased from $894k in April 2022, to $690k as of April 2023.
Single-Family Homes
The average time spent on the market increased from 8 days in April 2022, to 15 days as of April 2023
Condos & Townhomes
The average remained at 10 days from April 2022 to April 2023
Single-Family Homes
The overbid percentage has decreased from 113 7% in April 2022, to 102 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 108.1% in April 2022, to 102.1% a year later.
