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Market Report for Oakland area November 2022

Page 1


Oakland area

El Sobrante

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Emeryville

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Fremont

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Alameda

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Albany

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Berkeley

Jump to Berkeley Report

Castro Valley

Jump to Castro Valley Report

El Cerrito

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Hayward

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Lafayette

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Moraga

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Newark

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Oakland

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Orinda

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Piedmont

Jump to Piedmont Report

Pleasanton

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Richmond

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San Leandro

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San Lorenzo

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San Pablo

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Union City

Jump to Union City Report

What’syourhome reallyworthin today’smarket?

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.

SellYourHouseBefore theHolidays

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?

If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays

Alameda

What's in the Alameda data?

In Alameda, the median sold price for single-family homes in October decreased month-over-month to $1.37 million. The number of homes sold decreased to 40, and the number of new listings decreased to 77. The number of condo & townhome sales increased month-over-month to $900 thousand with 14 units sold and 42 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

mily Homes

ntory

40 Sold Listings

$1.3M Median Sale Price

4% List 17

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

42

New Listings

14 Sold Listings

1.8

Months of Inventory

$900K

Median Sale Price

105.2%

Median Sale vs List

33 Avg Days on Market

Alameda

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 decreased from $1.38m last October 2021 to $1.37m in October 2022.

Condos & Townhomes

The median sales price has increased from $893k last October 2021 to $900k in October 2022.

Single Family Homes

The average days on market is from 20 days last October 2021 down to 17 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 22 days up to 33 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 116.6% last October 2021 to 108.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 107 7% last October 2021 to 105.2% a year later.

Albany

What's in the Albany data?

In Albany, the median sold price for single-family homes in October decreased month-over-month to $1.1 million. The number of homes sold decreased to 6, and the number of new listings also decreased to 5. The number of condo & townhome sales increased month-over-month to $585 thousand with 3 units sold and 20 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

5 New Listings

1.5 Months of Inventory

6 Sold Listings

$1.1M Median Sale Price

123.6%

Median Sale vs List

8

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

20

Single Family Homes

The median sales price has decreased from $1 4m October 2021 to $1 1m in October 2022

Condos & Townhomes

The median sales price has increased from $555k last October 2021 to $585k in October 2022.

Single Family Homes

The average days on the market is from 15 days last October 2021 down to 8 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 17 days up to 91 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 131.2% last October 2021 to 123.6% a year later.

Condos & Townhomes

The overbid percentage has gone down from 105.2% last October 2021 to 96.1% a year later.

Berkeley

What's in the Berkeley data?

In Berkeley, the median sold price for single-family homes in October decreased month-over-month to $1.4 million. The number of homes sold decreased to 44, and the number of new listings also decreased to 134. The number of condo & townhome sales increased month-over-month to $876 thousand with 8 units sold and 22 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Homes

44 Sold Listings

$1.4M

Median Sale Price

% 19

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

22

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 7m last October 2021 to $1 4m in October 2022

Condos & Townhomes

The median sales price has increased from $749k last October 2021 to $876k n October 2022

Single Family Homes

The average days on market is from 18 days last October 2021 up to 19days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 39 days down to 33 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 123% last October 2021 to 110 7% a year later

Condos & Townhomes

The overbid percentage has gone down from 104 8% last October 2021 to 102 4% a year later

Castro Valley

What's in the Castro Valley data?

In Castro Valley, the median sold price for single-family homes in October decreased month-over-month to $1.2 million. The number of homes sold decreased to 35, and the number of new listings also increased to 86. The number of condo & townhome sales decreased month-over-month to $610 thousand with 4 units sold and 14 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

14

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 27m last October 2021 to $1 20m in October 2022

Condos & Townhomes

The median sales price has decreased from $750k last October 2021 to $610k in October 2022

Single Family Homes

The average days on market is from 12 days last October 2021 up to 28 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 24 days down to 10 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 107 5% last October 2021 to 97 3% a year later

Condos & Townhomes

The overbid percentage has gone down from 104 6% last October 2021 to 97 3% a year later

ElCerrito

What's in the El Cerrito data?

In El Cerrito, the median sold price for single-family homes in October decreased month-over-month to $1.1 million. The number of homes sold decreased to 18, and the number of new listings also decreased to 46. The number of condo & townhome sales decreased monthover-month to $585 million with 3 units sold and 8 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

46 New Listings

1.4 Months of Inventory

18 Sold Listings

$1.1M Median Sale Price

110.4% Median Sale vs List

19 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

8

Listings

3 Sold Listings

Median SalesPrice

Single Family Homes

The median sales price has decreased from $1 3m last October 2021 to $1 1m in October 2022

Condos & Townhomes

The median sales price has decreased from $870k last October 2021 to $585k in October 2022

Single Family Homes

The average days on market is from 16 days last October 2021 to 19 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 82 days down to 0 days in October 2022

Overbids

Single Family Homes

The overbid percentage has decreased from 115 2% last October 2021 to 110 4% a year later

Condos & Townhomes

The overbid percentage has gone up from 101 7% last October 2021 to 103 1% a year later

El Sobrante

What's in the El Sobrante data?

In El Sobrante, the median sold price for single-family homes in October decreased month-over-month to $697 thousand. The number of homes sold decreased to 5, and the number of new listings also decreased to 26. The number of condo & townhome sales slightly decreased month-over-month to $0 with 0 unit sold and 3 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

KData includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office

LISTINGS FOR SALE VS SOLD LISTINGS

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single Family Homes

The median sales price has decreased from $790k last October 2021 2021 to $697k on October 2022

Condos & Townhomes

The median sales price has decreased from $389k last October 2021 to $0 in October 2022

Single Family Homes

The average days on market is from 16 days last October 2021 up to 31 days by October 2022

Condos & Townhomes

The average days on market is from 6 days last October 2021 up to 11 days by October 2022

Overbids

Single Family Homes

The overbid percentage has decreased 105 9% last October 2021 to 94 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 103 7% last October 2021 to 0% a year later

Emeryville

What's in the Emeryville data?

In Emeryville, the median sold price for single-family homes in October has increased to $599 thousand. The number of homes increased to 1, and the number of new listings also increased to 5. The number of condo & townhome sales slightly increased month-over-month to $570 thousand with 9 units sold and 42 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

mily Homes

1 Sold Listings

ory

$599K Median Sale Price st

15 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

42

Listings

3

Median SalesPrice

Single Family Homes

The median sales price has increased from $0 October 2021 to $599k in October 2022

Condos & Townhomes

The median sales price has slightly increased from $565k last October 2021 to $570k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market is from 9 days last October 2021 up to 15 days by October 2022

Condos & Townhomes

The average days on market lis from October 2021 is 31 days up to 43 days in October 2022

Overbids

Single Family Homes

The overbid percentage has increased from 0% last October 2021 to 100% a year later

Condos & Townhomes

The overbid percentage has gone down from 103% last October 2021 to 98 5% a year later

Fremont

What's in the Fremont data?

In Fremont, the median sold price for single-family homes in October decreased month-over-month to $1.4 million. The number of homes sold decreased to 86, and the number of new listings increased to 199. The number of condo & townhome sales decreased month-over-month to $830 thousand with 47 units sold and 135 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

199 New Listings

1.8 Months of Inventory

86 Sold Listings

$1.4M Median Sale Price

96%

Median Sale vs List

25 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

135

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single Family Homes

The median sales price decreased from $1 5m in October 2021 to $1 4m in October 2022

Condos & Townhomes

The median sales price decreased from $940k in October 2021 and $830k in October 2022

Single Family Homes

The average days on market increased from 12 days last October 2021 to 25 days by October 2022

Condos & Townhomes

The average days on market increased from 22 days in October 2021 to 44 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 109 2% last October 2021 to 96% a year later

Condos & Townhomes

The overbid percentage decreased from 103 3% last October 2021 to 97 3% a year later

Hayward

What's in the Hayward data?

In Hayward, the median sold price for single-family homes in October decreased month-over-month to $900 thousand. The number of homes sold decreased to 44, and the number of new listings increased to 223. The number of condo & townhome sales decreased month-over-month to $581 thousand with 26 units sold and 87 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

amily Homes

ntory

44 Sold Listings

$900 Median Sale Price

% s List

35 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

87 New Listings

26 Sold Listings

1.9 Months of Inventory $581K

Sale Price 97.4 Median Sale vs List 35 Avg Days on Market

Median SalesPrice

Single Family Homes

The median sales price slightly decreased from $915k in October 2021 to $900k in October 2022

Condos & Townhomes

The median sales price decreased from $610k in October 2021 and $581k in October 2022

Single Family Homes

The average days on market increased from 21 days last October 2021 to 35 days by October 2022

Condos & Townhomes

The average days on market increased from 23 days in October 2021 to 35 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 107 3% last October 2021 to 99 5% a year later

Condos & Townhomes

The overbid percentage decreased from 104 4% last October 2021 to 97 4% a year later

Lafayette

What's in the Lafayette data?

In Lafayette, the median sold price for single-family homes in October decreased month-over-month to $1.3 million. The number of homes sold decreased to 19, and the number of new listings increased to 73. The number of condo & townhome sales decreased month-over-month to $850 thousand with 3 units sold and 9 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

9 New Listings

3 Sold Listings

Median SalesPrice

Single Family Homes

The median sales price decreased from $1 9m in October 2021 to $1 3m in October 2022

Condos & Townhomes

The median sales price decreased from $1 3m in October 2021 and $850k in October 2022

Single Family Homes

The average days on market stays at 23 days for October 2021 and October 2022

Condos & Townhomes

The average days on market increased from 55 days in October 2021 to 58 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 107 3% last October 2021 to 97% a year later

Condos & Townhomes

The overbid percentage slightly decreased from 98 8% last October 2021 to 98 1% a year later

Moraga

What's in the Moraga data?

In Moraga, the median sold price for single-family homes in October increased month-over-month to $2.3 million. The number of homes sold decreased to 9, and the number of new listings decreased to 20. The number of condo & townhome sales increased month-over-month to $617 thousand with 6 units sold and 15 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

20 New Listings

2.3 Months of Inventory

9 Sold Listings

$2.3M Median Sale Price

99.7% Median Sale vs List

10 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

Moraga

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single Family Homes

The median sales price increased from $1 7m in October 2021 to $2 3m in October 2022

Condos & Townhomes

The median sales price increased from $530k in October 2021 and $617k in October 2022

Single Family Homes

The average days on market decreased from 18 days last October 2021 to 10 days by October 2022

Condos & Townhomes

The average days on market slightly decreased from 24 days in October 2021 to 22 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 111% last October 2021 to 99 7% a year later

Condos & Townhomes

The overbid percentage increased from 103 8% last October 2021 to 105 6% a year later

Newark

What's in the Newark data?

In Newark, the median sold price for single-family homes in October decreased month-over-month to $1.1 million. The number of homes sold decreased to 11, and the number of new listings increased to 65. The number of condo & townhome sales increased month-over-month to $785 thousand with 8 units sold and 17 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

amily Homes

ventory

11 Sold Listings

$1.1M Median Sale Price

8% vs List 32 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

17

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Single Family Homes

The median sales price decreased from $1 3m in October 2021 to $1 1m in October 2022

Condos & Townhomes

The median sales price slightly increased from $770k in October 2021 and $785k in October 2022

Single Family Homes

The average days on market increased from 13 days last October 2021 to 32 days by October 2022

Condos & Townhomes

The average days on market increased from 13 days in October 2021 to 26 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 108 9% last October 2021 to 93 8% a year later

Condos & Townhomes

The overbid percentage decreased from 103 7% last October 2021 to 94% a year later

Oakland

What's in the Oakland data?

In Oakland, the median sold price for single-family homes in October decreased month-over-month to $1 million. The number of homes sold decreased to 173, and the number of new listings increased to 736. The number of condo & townhome sales decreased month-over-month to $550 thousand with 39 units sold and 251 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Homes

173 Sold Listings

$1M

Median Sale Price

30

Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

39 Sold Listings

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

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

Median SalesPrice

Single Family Homes

The median sales price decreased from $1 1m in October 2021 to $1m in October 2022

Condos & Townhomes

The median sales price decreased from $700k in October 2021 and $550k in October 2022

AVGDays OntheMarket

Single Family Homes

The average days on market increased from 23 days last October 2021 to 30 days by October 2022

Condos & Townhomes

The average days on market increased from 37 days in October 2021 to 43 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 121 5% last October 2021 to 111 9% a year later

Condos & Townhomes

The overbid percentage decreased from 106 7% last October 2021 to 97% a year later

Orinda

What's in the Orinda data?

In Orinda, the median sold price for single-family homes in October decreased month-over-month to $1.9 million. The number of homes sold decreased to 17, and the number of new listings increased to 59. The number of condo & townhome sales increased month-over-month to $1.6 million with 2 units sold and 4 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

9 Listings

.2 hs of Inventory

17 Sold Listings

$1.9M Median Sale Price

4.4% an Sale vs List

38 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

4 New Listings

2 Sold Listings

3 Months of Inventory

$1.6M Median Sale Price 97.8% Median Sale vs List 28 Avg Days on Market

Median SalesPrice

Single Family Homes

The median sales price slightly decreased from $1 925m in October 2021 to $1 9m in October 2022

Condos & Townhomes

The median sales price increased from $1 3m in October 2021 to $1 6m in October 2022

Single Family Homes

The average days on market increased from 14 days last October 2021 to 38 days by October 2022

Condos & Townhomes

The average days on market increased from 0 days in October 2021 to 28 days this year

Overbids

Single Family Homes

The overbid percentage decreased from 110 7% last October 2021 to 94 4% a year later

Condos & Townhomes

The overbid percentage increased from 92 6% last October 2021 to 97 8% a year later

Piedmont

What's in the Piedmont data?

In Piedmont, the median sold price for single-family homes in October decreased month-over-month to $2.9 million. The number of homes sold decreased to 9, and the number of new listings increased to 23. The number of condo & townhome sales remained the same month-over-month to $0 with 0 units sold and 0 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

.9M ale Price

s on Market ngs

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office

hs, year-over-year.

wnhomes hs, year-over-year

Median SalesPrice

Single Family Homes

The median sales price is down from $3m from October 2021 to $2 9m on October 2022

Condos & Townhomes

The median sales price has no changes from $0 last October 2021 to $0 on October 2022

Single Family Homes

The average days on market is from 14 days last October 2021 up to 10 days by October 2022.

Condos & Townhomes

The average days on market last October 2021 is 0 days to still 0 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 102 8% last October 2021 which decreased to 95% a year later

Condos & Townhomes

The overbid percentage is from 0% last October 2021 to 0% a year later

Pleasanton

What's in the Pleasanton data?

In Pleasanton, the median sold price for single-family homes in October decreased month-over-month to $1.6 million. The number of homes sold decreased to 35 and the number of new listings decreased to 103. The number of condo & townhome increased month-over-month to $847 thousand, with 12 units sold and 36 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

36

omes , year-over-year.

homes , year-over-year

Median SalesPrice

Single Family Homes

The median sales price is up to $1 7m from October 2021 to $1 6m on October 2022

Condos & Townhomes

The median sales price has increased from $790k last October 2021 to $847k on October 2022

Single Family Homes

The average days on market is from 11 days last October 2021 up to 31 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 16 days up to 39 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 103 8% last October 2021 which decreased to 94 4% a year later

Condos & Townhomes

The overbid percentage has gone down from 101 3% last October 2021 to 94 9% a year later

Richmond

What's in the Richmond data?

In Richmond, the median sold price for single-family homes in October increased month-over-month to $690 thousand. The number of homes sold decreased to 55, and the number of new listings increased to 170. The number of condo & townhome decreased month-over-month to $522 thousand, with 12 units sold and 46 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

170 New Listings

3.7 Months of Inventory

55 Sold Listings

$690K Median Sale Price

100.4%

Median Sale vs List

33 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

46

OCTOBER 2021 - OCTOBER 2022

rch2022 April2022 May2022 June2022 July2022August2022September2022October2022

er-year. , y er-year

rch2022 April2022 May2022 June2022 July2022August2022September2022October2022 E VS SOLD LISTINGS

Median SalesPrice

Single Family Homes

The median sales price is up $650k from October 2021 to $690k on October 2022

Condos & Townhomes

The median sales price has decreased from $575k last October 2021 to $522k on October 2022

Single Family Homes

The average days on market is from 15 days last 2021 up to 33 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 22 days to 28 days on October 2022.

Overbids

Single Family Homes

The overbid percentage is down to 107 4% last October 2021 which decreased to100 4% a year later

Condos & Townhomes

The overbid percentage has gone down from 102 4% last October 2021 to 98 8% a year later

San Leandro

What's in the San Leandro data?

In San Leandro, the median sold price for single-family homes in October increased month-over-month to $862 thousand. The number of homes sold decreased to 50, and the number of new listings decreased to 107. The number of condo & townhome increased month-over-month to $585k thousand, with 9 units sold and 39 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

ly Homes

y

50 Sold Listings

$862K Median Sale Price

24 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

39

2.7

Median SalesPrice

Single Family Homes

The median sales price has increased from $852k last October 2021 to $862k on October 2022

Condos & Townhomes

The median sales price has increased from $535k last October 2021 to $585k on October 2022

Single Family Homes

The average days on market is from 16 days last October 2021 up to 24 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 19 days up to 25 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 107 1% last October 2021 which decreased to 94 8% a year later

Condos & Townhomes

The overbid percentage has gone down from 105% last October 2021 to 101 7% a year later

San Lorenzo

What's in the San Lorenzo data?

In San Lorenzo, the median sold price for single-family homes in October decreased month-over-month to $802 thousand. The number of homes sold decreased to 20, and the number of new listings decreased to 32. The number of condo & townhome decreased month-over-month to $520 thousand, with 3 units sold and 9 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

32 w Listings

0.8 nths of Inventory

20 Sold Listings

$802K Median Sale Price

99.2% dian Sale vs List

22 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

SanLorenzo

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single Family Homes

The median sales price is down $830k from October 2021 to $802k on October 2022

Condos & Townhomes

The median sales price has decreased from $815k last October 2021 to $520k on October 2022

Single Family Homes

The average days on market is from 15 days last October 2021 up to 22 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 8 days down to 6 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 103 2% last October 2021 to 99 2% a year later

Condos & Townhomes

The overbid percentage has gone down from 108 8% last October 2021 to 100 8% a year later

SanPablo

What's in the San Pablo data?

In San Pablo, the median sold price for single-family homes in October decreased month-over-month to $610 thousand. The number of homes sold decreased to 14, and the number of new listings decreased to 42. The number of condo & townhome decreased month-over-month to $392k thousand, with 2 units sold and 8 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

Single Family Homes

42 New Listings

1.8 Months of Inventory

14 Sold Listings

$610K Median Sale Price

96.5%

Median Sale vs List

30 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

8 New Listings

2 Sold Listings

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single Family Homes

The median sales price is down $655k from October 2021 to $610k on October 2022

Condos & Townhomes

The median sales price has decreased from $405k last October 2021 to $392k on October 2022

Single Family Homes

The average days on market is from 18 days last October 2021 up to 30 days by October 2022

Condos & Townhomes

The average days on market last October 2021 is 14 days down to 10 days on October 2022

Overbids

Single Family Homes

The overbid percentage is down to 107% last October 2021 to 96 5% a year later

Condos & Townhomes

The overbid percentage has gone up from 101 9% last October 2021 to 92 4% a year later

Union City

What's in the Union City data?

In Union City, the median sold price for single-family homes in October increased month-over-month to $1.4 million. The number of homes sold decreased to 23, and the number of new listings also decreased to 59. The number of condo & townhome decreased month-over-month to $520 thousand, with 4 units sold and 29 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continus to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.

e Family Homes

tings

23 Sold Listings

1 of Inventory $1.4M Median Sale Price .2% Sale vs List 35 Avg Days on Market

Data includes all single family, townhome, and condominium sales in Alameda, Albany, Berkeley, Castro Valley, El Cerrito, El Sobrante, Emeryville, Fremont, Hayward, Lafayette, Moraga, Newark, Oakland, Orinda, Piedmont, Richmond, San Leandro, San Lorenzo, San Pablo and Union City sourced from Broker Metrics. Data from sources deemed reliable but may contain errors and are subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE#02029039.

29

2.9

ths, year-over-year.

ownhomes

ths, year-over-year

Median SalesPrice

Single Family Homes

The median sales price has increased from $1 3m last October 2021 to $1 4m on October 2022

Condos & Townhomes

The median sales price has decreased from $775k last October 2021 to $520k on October 2022

Single Family Homes

The average days on market is from 13 days last October 2021 up to 35 days by October 2022

Condos & Townhomes

The average days on market is from 21 days last October 2021 to still 21 days by October 2022

Overbids

Single Family Homes

The overbid percentage is down to 109 6% last October 2021 which decreased to 96 2% a year later

Condos & Townhomes

The overbid percentage has gone down from 103 8% last October 2021 to 98 2% a year later

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