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That’s really the question you should be asking yourself.
Our market is incredibly diverse and changes 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.
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. This could be the reason the percentage of people who list their houses on their own, known as an FSBO, or For Sale By Owner, is at its lowest point since 1985
Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market:
1. They Know What Buyers Want To See
2. They Help Maximize Your Buyer Pool
3 They Understand the Fine Print
4. They’re Trained Negotiators
5. They Know How To Set the Right Price for Your House
There’s a lot that goes into selling your house. Instead of tackling it alone, reach out to a trusted real estate advisor to make sure you have an expert on your side throughout the entire process. Read more here.
In Milpitas, the median sold price for single-family homes in August increased month-over-month to $1.5 million. The number of homes sold decreased to 19, and the number of new listings increased to 66. The number of condo & townhomes sales increased to $1.1 million month-overmonth with 12 units sold and 61 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
66 New Listings
1.4 Months of Inventory
19 Sold Listings
$1.5M Median Sale Price
96.6% Median Sale vs List
20
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
61 New Listings
12 Sold Listings
1.9 Months of Inventory
$1.1M Median Sale Price
100.9%
Median Sale vs List
31 Avg Days on Market
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 increased from $1 4m last year's August to $1 5m this year
Condos & Townhomes
The median sales price has increased from $985k last August 2021 to $1 1m by August 2022.
The average days on market has increased from 13 days of the same month last year, to 20 days this year.
Condos & Townhomes
The average days on market has gone up from last year's August with 15 days, to 31 days this year
Single Family Homes
The overbid percentage has decreased from 107..90% last year's August, to 96.60% this year.
Condos & Townhomes
The overbid percentage decreased from 104 50% of August 2021, to 100 90% a year later
In Fremont, the median sold price for single-family homes in August slightly increased month-over-month to $1.4 million. The number of homes sold decreased to 93 and the number of new listings increased to 292. The number of condo & townhomes sales decreased month-over-month to $800 thousand with 46 units sold and 205 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
292 w Listings
1.4 onths of Inventory
93 Sold Listings
$1.4M Median Sale Price
94.2% edian Sale vs List
26
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
205
Single Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Single Family Homes
The median sales price slightly increased from $1 47m last year's August to $1 49m this year
Condos & Townhomes
The median sales price has increased from $715k last August to $800k by August 2022.
The average days on market has increased from 11 days of the same month last year, to 26 days this year.
Condos & Townhomes
The average days on market has gone up from last year's August with 19 days, to 29 days this year
Single Family Homes
The overbid percentage has decreased from 109.30% last year's August, to 94.30% this year.
Condos & Townhomes
The overbid percentage has decreased from 103 70% of August 2021, to 99% a year later
In Newark, the median sold price for single-family homes in August decreased month-over-month to $1.2 million. The number of homes sold decreased to 29 and the number of new listings increased to 92. The number of condo & townhomes sales decreased month-over-month to $745 thousand with 17 units sold and 29 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
gle Family Homes
2 Listings hs of Inventory
29 Sold Listings
$1.2M Median Sale Price
6.4% an Sale vs List
33
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
29
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 3m of last year's August, to $1 2m this year
Condos & Townhomes
The median sales price slightly increased from $705k last year's August to $745k this year.
Single Family Homes
The average days on market has significantly increased from 14 days last year's August, to 33 days a year later.
Condos & Townhomes
The average days on market has increased from 14 days last year's August, to 22 days a year later
Single Family Homes
The overbid percentage has decreased from 108.10% of last year's August, to 96.40% this year.
Condos & Townhomes
The overbid percentage has decreased from 104 50% of last year's August, to 99% this year
In Union City, the median sold price for single-family homes in August increased month-over-month to $1.3 million. The number of homes sold decreased to 25, and the number of new listings increased to 93. The number of condo & townhomes increased month-over-month to $605 thousand, with 9 units sold and 20 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
25 Sold Listings omes
$1.3M
Median Sale Price
28
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
Single Family Homes
The median sales price slightly increased from $1 30m from August 2021 to $1 32m August 2022
Condos & Townhomes
The median sales price has decreased from $705k last August 2021 to $605k on August 2022.
Single Family Homes
The average days on market is from 8 days last August 2021 up to 28 days by August 2022.
Condos & Townhomes
The average days on market last August 2021 is 14 days to 29 days on August 2022
Single Family Homes
The overbid percentage is down to 112.4 % last August 2021 which decreased to 92% a year later.
Condos & Townhomes
The overbid percentage has gone down from 105 4% last August 2021 to 96 3% a year later.
In Hayward, the median sold price for single-family homes in August decreased month-over-month to $891 thousand. The number of homes sold decreased to 74, and the number of new listings increased to 246. The number of condo & townhomes sales slightly decreased month-overmonth to $591 thousand, with 22 units sold and 103 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
103 New Listings
22 Sold Listings
1.5 Months of Inventory
$591K Median Sale Price 100.7% Median Sale vs List 25 Avg Days on Market
Single Family Homes
The median sales price decreased from $925k in August 2021 to $891k in August 2022
Condos & Townhomes
The median sales price slightly decreased from $598k in August 2021 and $591k in August 2022.
Single Family Homes
The average days on market increased from 14 days last August 2021 to 26 days by August 2022.
Condos & Townhomes
The average days on market increased from 16 days in August 2021 to 25 days this year
Single Family Homes
The overbid percentage decreased from 108.80% last August 2021 to 98.60% a year later.
Condos & Townhomes
The overbid percentage decreased from 106 5% last August 2021 to 100 7% a year later
In San Leandro, the median sold price for single-family homes in August decreased month-over-month to $825 thousand. The number of homes sold decreased to 44, and the number of new listings increased to 133. The number of condo & townhomes increased month-over-month to $502 thousand, with 12 units sold and 43 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be above 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
3 ngs Inventory
44 Sold Listings
$825K Median Sale Price
9% ale vs List
34
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
43 New Listings
Single Family Homes
The median sales price has decreased from $900k last August 2021 to $825k on August 2022
Condos & Townhomes
The median sales price has decreased from $505k last August 2021 to $502k on August 2022.
Single Family Homes
The average days on market is from 18 days last August 2021 up to 34 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 22 days up to 24 days on August 2022
Single Family Homes
The overbid percentage is down to 109% last August 2021 which decreased to 98.90% a year later.
Condos & Townhomes
The overbid percentage has gone down from 106 20% last August 2021 to 100 60% a year later
In the Tri-Cities, the median sold price for single-family homes in August decreased month-over-month to $1.3 million. The number of homes sold decreased to 147, and the number of new listings increased to 477. The number of condo & townhomes sales increased month-over-month to $790 thousand, with 72 units sold and 254 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
47 Listings mes
1.3M
ian Sale Price
8
Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
254
72 Sold Listings
Single Family Homes
The median sales price decreased from $1 4m in August 2021 to $1 3m in August 2022
Condos & Townhomes
The median sales price increased from $707k in August 2021 and $790k in August 2022.
Single Family Homes
The average days on market increased from 11 days last August 2021 to 28 days by August 2022.
Condos & Townhomes
The average days on market increased from 17 days in August 2021 to 28 days this year
Single Family Homes
The overbid percentage decreased from 109.60% last August 2021 to 94.30% a year later.
Condos & Townhomes
The overbid percentage decreased from 104% last August 2021 to 98 70% a year later
In Pleasanton, the median sold price for single-family homes in August decreased month-over-month to $1.5 million. The number of homes sold decreased to 53, and the number of new listings increased to 132. The number of condo & townhomes sales decreased month-over-month to $650 thousand, with 11 units sold and 37 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
132 New Listings
1.8 Months of Inventory
53 Sold Listings
$1.5M Median Sale Price
93.20% Median Sale vs List
26 Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
37
Single Family Homes
The median sales price decreased from $1 8m in August 2021 to $1 5m in August 2022
Condos & Townhomes
The median sales price decreased from $824k in August 2021 and $650k in August 2022.
Single Family Homes
The average days on market increased from 11 days last August 2021 to 26 days by August 2022.
Condos & Townhomes
The average days on market increased from 11 days in August 2021 to 28 days this year
Single Family Homes
The overbid percentage decreased from 107.3% last August 2021 to 93.2% a year later.
Condos & Townhomes
The overbid percentage decreased from 104 7% last August 2021 to 99 3% a year later
In San Ramon, the median sold price for single-family homes in August decreased month-over-month to $1.8 million. The number of homes sold decreased to 57, and the number of new listings increased to 175. The number of condo & townhomes sales decreased month-over-month to $750 thousand, with 27 units sold and 69 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
5 ings
8 of Inventory
57 Sold Listings
$1.8M Median Sale Price .80% Sale vs List 30
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
69
New Listings
27 Sold Listings
1.3
Months of Inventory
$750K
Median Sale Price 96.30%
Median Sale vs List
31 Avg Days on Market
Last 12 months, year over year
Single Family Homes
The median sales price slightly decreased from $1 825m in August 2021 to $1 8m in August 2022
Condos & Townhomes
The median sales price decreased from $912k in August 2021 and $665k in August 2022.
The average days on market increased from 11 days last August 2021 to 30 days by August 2022.
Condos & Townhomes
The average days on market increased from 15 days in August 2021 to 31 days this year
Single Family Homes
The overbid percentage decreased from 111.9% last August 2021 to 92.8% a year later.
Condos & Townhomes
The overbid percentage decreased from 102 9 % last August 2021 to 96 3% a year later
In Livermore, the median sold price for single-family homes in August decreased month-over-month to $1.1 million. The number of homes sold decreased to 75, and the number of new listings increased to 230. The number of condo & townhomes sales decreased month-over-month to $785 thousand, with 19 units sold and 54 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
230 New Listings
1.8 Months of Inventory
75 Sold Listings
$1.1M Median Sale Price
94.30%
Median Sale vs List
29
Avg Days on Market
The data includes all single-family, townhome, and condominium sales in Milpitas, Fremont, Newark, Union City, Hayward, San Leandro, Tri-Cities, Pleasanton, San Ramon and Livermore sourced from Broker Metrics. Data from sources deemed reliable may contain errors and be subject to revision. © 2022. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01345026.
Listings
1 Months of Inventory
Price 98%
Median Sale vs List 20 Avg Days on Market 19 Sold Listings
Single Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last
Single Family Homes
The median sales price decreased from $1 150m in August 2021 to $1 125m in August 2022
Condos & Townhomes
The median sales price decreased from $807k in August 2021 and $785k in August 2022.
Single Family Homes
The average days on market increased from 13 days last August 2021 to 29 days by August 2022.
Condos & Townhomes
The average days on market increased from 15 days in August 2021 to 20 days this year
Single Family Homes
The overbid percentage decreased from 106.8% last August 2021 to 94.3% a year later.
Condos & Townhomes
The overbid percentage decreased from 105 4% last August 2021 to 98% a year later
