August 2023 Copyright by KW Advisors 2023
Fremont area
Milpitas
Jump to Milpitas Report
Fremont
Jump to Fremont City Report
Newark
Jump to Newark Report
Union City
Jump to Union City Report
Hayward
Jump to Hayward Report
Castro Valley
Jump to Castro Valley Report
San Leandro
Jump to San Leandro Report
Tri-Cities
(Fremont, Newark & Union City)
Jump to Tri-Cities Report
Pleasanton
Jump to Pleasanton Report
San Ramon
Jump to San Ramon Report
Livermore
Jump to Livermore Report
What’syourhome reallyworthin today’smarket?
That's 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. 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.
Sellers:Don’tLetTheseTwo ThingsHoldYouBack
Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.
Challenge #1: The Reluctance to Take on a Higher Mortgage Rate
According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% .
SellYourListingforMorewithHomeConcierge.
San Bruno Split-Level
$310,717Profit
702%Return
Home Concierge's secret weapon is our local project directors, who visit and personally manage each of our projects. When Jennie Lok and Mindy Yasuda of Zen Coast Homes - KW Peninsula Estates reached out with a tight deadline, project director Azary Khalfan took it in stride and immediately called on her local vendors and subcontractors. Our in-house designer Samantha Black worked quickly over the holidays to design a new kitchen while Azary ordered finishes for other parts of the home. Ingenuity, strong vendor connections and hard work transformed the kitchen in 17 days! The home sold for over $400,000 over asking in just one week.
Home Concierge scope of work for this project included:
Kitchen design services with plan drawings
Entire kitchen replacement, including floor
New light fixtures throughout the home
Refresh bathrooms
KitchenDesignBoards
www.californiaconcierge.com/home-concierge
SOLD $1,935,000 AS-IS $1,580,000 RENOVATION $44,283 LOCATION San Bruno, CA
Lean More
BEFORE AFTER
The Simplest Mortgage Approval Ever
Get instant pre-approval and FAST closing -- plus a dedicated loan advisor -- for the ultimate mortgage journey.
OurFastDigitalLoanProcess...
Get Pre-Approved Online In Minutes without affecting your credit score!
1 Get pre-approved online in minutes! Your personal Finance Manager is there to help!
GetFastLoanPre-Approval
FindAGreatRateQuickly
2 Your Finance Manager sources a vast array of wholesale & retail lenders for your best rate.
3
StopWorrying
Your Finance Manager does the heavy lifting So you get to funding quickly & easily
TheCustomer-CentricMortgage
gather the largest array of wholesale & retail lenders to compete for your loan!
you get the lowest rate while we do the work.
Let our financial tools work hard for you. Youworkhardforyourmoney. Get Started!
We
So
www.rmaloans.com
Perfecting the way you shop for insurance
WeAreEducators
Our caring approach gives clients the knowledge they need to make confident, wellinformed decisions about their insurance.
WeAreAdvisors
Our clients choose an independent insurance advisor because we work for them, not the insurance company, as we always put their needs first.
WeAreAdvocates
We review coverage annually to confirm your insurer remains the best for you and we have experience helping with claims process and maximize results.
We understand your challenges. We strive to be accessible, responsive and affordable. We know the importance of finding a brand you can trust and that's why your trust is our top priority. We are dedicated to ensuring that you get personal attention and top-quality service for all of your insurance needs.
Protect the people you love www.greystoneinsured.com The right life insurance plan secures the future of the people you love the most, and gives
helpful options
' re gone.
Insurance?
them
after you
Why Greystone
Wecareaboutyou
See Our Services
BroughtToYouBy:
For your mortgage needs
For your home warranty needs
For your home renovation needs
Marketing your listing
For your property media
For your escrow needs
For your content creation
For your legal needs
For your insurance needs For your natural hazards disclosure report Online Education For Your Career
Milpitas
What's in the Milpitas data?
Milpitas had 40 homes for sale in July, providing the market with 0.9 months of inventory. There were 14 new listings and 17 homes sold, with a median sale price of $1.4m. The median overbid was 103.5%, averaging 20 days on the market.
There are currently 17 condo and townhome units for sale, providing the market with 1.7 months of inventory This month, there were 7 new listings and 11 condos sold, with a median sale price of $950k. The median overbid was 104.4%, with an average of 17 days on the market.
Brought To You By:
17 Sold Listings
$1.4M Median Sale Price
20 Avg Days on Market
Homes includes all single-family homes, condos and July 2022 to July 2023. This may include time the data was gathered. All data is deemed 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.
7 New Listings
1.7 Months of Inventory
104.4% Median Sale vs List
C Condo
LISTINGS FOR SALE SOLD LISTINGS
22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 -year. y -year
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 6m last July 2022, to $1 4m as of July 2023
Condos & Townhomes
The median sales price has increased from $825k last July 2022, to $950k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has increased from 92 2% last July 2022, to 103 5% a year later
Condos & Townhomes
The overbid percentage has increased from 100.2% last July 2022, to 104.4% a year later.
Single-Family Homes
The average time spent on the market went down from 23 days last July 2022, to 20 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 15 days in July 2022, to 17 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents
Fremont
What's in the Fremont data?
In July, Fremont had 130 homes for sale, providing the market with 0.8 months of inventory. There were 73 new listings and 61 homes sold, with a median sale price of $1.6m. The median overbid was 105.3%, with an average of 15 days on the market.
There are currently 112 condo and townhome units for sale, providing the market with 1 3 months of inventory. There were 49 new listings and 44 homes sold, with a median sale price of $795k. The median overbid was 103.2%, with an average of 21 days on the market.
Brought To You By:
SFH Single-Family Homes
73 New Listings
61 Sold Listings
0.8 Months of Inventory
$1.6M Median Sale Price
105.3% Median Sale vs List
15 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.
CON Condo & Tow
49 New Listings
1.3 Months of Inventory
$7 Med
103.2% Median Sale vs List Avg D
Last 12 months, year-over-year.
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 500 400 300 200 100 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 300 200 100 0 Fremont JULY 2022 - JULY 2023
Homes
Single-Family
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has remained at $1 6m since last July 2022
Condos & Townhomes
The median sales price has increased from $734k last July 2022, to $795k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 21 days last July 2022, to 15 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 24 days in July 2022, to 21 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 100 8% last July 2022, to 105 3% a year later
Condos & Townhomes
The overbid percentage has increased from 99.9% last July 2022, to 103.2% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents
KellerWilliamsFremont :
39465 Paseo Padre Parkway #1500 Fremont CA 94538