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 yo h
So, do you know what your hom today's market?
Contact me for a confidential, n assessment of your home's valu
HowHomeownersWinWhen TheyDownsize
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.
Milpitas
What's in the Milpitas data?
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.
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.
AVGDays OntheMarket
Single-Family Homes
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.
Overbids
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 mily Homes
ry
$1.4M Median Sale Price
% st
13 Avg Days on Market
family homes, townhome, and condominium sales in Union City, Hayward, San Leandro, Tri-Cities, vermore, and Castro Valley sourced from Broker m sources deemed reliable may contain errors and be l rights reserved. Each Office Is Independently Owned 6
40 New Listings 1.2
Median SalesPrice
Single-Family Homes
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.
AVGDays OntheMarket
Single-Family Homes
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.
Overbids
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.
Newark
What's in the Newark data?
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.
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.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market decreased from 15 days in April 2022, to 10 days as of April 2023
Condos & Townhomes
The average time spent on the market decreased from 9 days in April 2022, to 11 days as of April 2023.
Overbids
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.
Un
What data?
In April, providin inventor 20 home $1.2m. Th average There ar units for months added a price of 103.8%, w market.
Listings 0.8 Months of Inventory $702K
Sale Price 103.8% Median Sale vs List 11 Avg Days on Market 6 Sold Listings
Median SalesPrice
Single-Family Homes
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.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market decreased from 14 days in April 2022, to 8 days as of April 2023
Condos & Townhomes
The average time spent on the market decreased from 21 days in April 2022, to 11 days as of April 2023.
Overbids
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.
Hay
What's
In April, Hay
providing o are 67 new median sale overbid of 1 the market
There are c units for sal
There are 3 with a medi median ove spent on th
32 New Listings
1.2
Months of Inventory
100.2%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1m in April 2022, to $835k as of April 2023
Condos & Townhomes
The median sales price has decreased from $702k in April 2022, to $635k as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 13 days in April 2022, to 19 days as of April 2023
Condos & Townhomes
The average time spent on the market increased from 15 days in April 2022, to 23 days as of April 2023.
Overbids
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.
4
Listings
2 Sold Listings
CastroValley
Median SalesPrice
Single-Family Homes
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 increased from $794k in April 2022, to $812k as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 9 days in April 2022, to 22 days as of April 2023
Condos & Townhomes
The average time spent on the market increased from 16 days in April 2022, to 44 days as of April 2023.
Overbids
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 Median Sale Price 101.7%
Median Sale vs List 23 Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1m in April 2022, to $834k as of April 2023
Condos & Townhomes
The median sales price has decreased from $627k in April 2022, to $440k as of April 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market increased from 9 days in April 2022, to 25 days as of April 2023
Condos & Townhomes
The average time spent on the market increased from 13 days in April 2022, to 23 days as of April 2023.
Overbids
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.
Tri-Cities
Fremont,Newark&UnionCity
What's in the Tri-Cities data?
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.
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.
AVGDays OntheMarket
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.
Overbids
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.
7 Sold Listings
Median SalesPrice
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.
AVGDays OntheMarket
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.
Overbids
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.
SanRa
What's in the data?
San Ramon had 68 s sale, providing the m inventory. There are homes were sold wit $1.7m. The median ov average of 18 days o
There are currently 3 units for sale, provid months of inventory. for sale, and 15 cond median sale price of overbid was 101.7%, a the market was 10 da
1.7M an Sale Price
8 ays on Market
5 Listings es me, and condominium sales in d, San Leandro, Tri-Cities, Valley sourced from Broker ble may contain errors and be Office Is Independently Owned
16
New Listings
15 Sold Listings
1.2 Months of Inventory $920K Median Sale Price 101.7% Median Sale vs List 10 Avg Days on Market
Median SalesPrice
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.
AVGDays OntheMarket
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.
Overbids
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.
Liv
What' Livermor
homes fo inventory homes so and a me time spen
As for co currently inventory condos s was $690 and the a currently
m sales in Tri-Cities, m Broker ors and be tly Owned ket
9 New Listings 0.5 Months of Inventory
Median Sale vs List
Avg Days on Market 17 Sold Listings
Sale Price
Last
Last
Median SalesPrice
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.
AVGDays OntheMarket
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.
Overbids
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.
