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The Cunningham Group - January 2024 Market Report | Fremont

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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

Cupertino

Jump to Livermore Report

Oakland

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.

3KeystoHittingYour HomeownershipGoalsin2024

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.

Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains:

“The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.”

Here are a few things to think through as you define your goals for 2024.

HOW TO BUDGET FOR UNEXPECTED

Unlock homeownership confidently! Prepare for hidden costs like inspections and renovations. Take control with a strategic plan:

Save for Unexpected Costs

1

Ensure a worry-free home with a proactive maintenance plan! Allocate 1-2% of your home's value yearly for repairs, creating a financial safety net. Even $20 a week adds up, offering peace of mind for unexpected expenses. Safeguard your home and finances with a well-crafted budget.

2

3

Keep your appliances and systems in good shape.

Elevate your homeownership with proactive care! Craft a seasonal to-do list, from flushing your water heater to changing filters and cleaning gutters. Enjoy smooth operation, reduce repair frequency, and discover the joy of a well-maintained home.

Consider getting a home warranty

Secure your home's future with American Home Shield® Our budget-friendly plans handle repairs and replacements, giving you peace of mind in homeownership.

Contact me, your Real Estate Expert, for support and to learn more about AHS.

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Eight Colrs fo Laundry

Sage Green

View it here

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness.

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere.

Navy as the key to a striking laundry room Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color. Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

Milpitas

What's in the Milpitas data?

There were 27 single-family homes for sale, providing 1.6 months of inventory. There were 6 new listings, and 9 homes sold at a median price of $1.5m. The median overbid percentage was at 104.4%, with an average of 25 days on the market.

There were 17 condo and townhome units for sale, providing 1.1 months of inventory. There were 8 new listings and 6 units sold at a median sale price of $737k. The median overbid percentage was at 101.4%, with an average of 19 days on the market.

mily Homes ory

9 Sold Listings

$1.5M Median Sale Price

4% ist

25 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and rnia Area from December 2022 to December 2023. This may and may vary from the time the data was gathered. All data is guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2024. Each office is independently owned and operated.

Condo & Townhomes

8

New Listings

6

Sold Listings

1.1

Months of Inventory

$737K

Median Sale Price

101.4%

Median Sale vs List

19 Avg Days on Market

DECEMBER 2022 - DECEMBER 2023

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 increased from $1 3m last December 2022, to $1 5m as of December 2023

Condos & Townhomes

The median sales price has decreased from $810k last December 2022, to $737k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last December 2022, to 25 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 22 days in December 2022, to 19 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 7% last December 2022, to 104 4% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last December 2022, to 101.4% a year later.

Fremont

What's in the Fremont data?

There were 79 single-family homes for sale, providing 0.7 months of inventory. There were 25 new listings, and 53 homes sold at a median price of $1.4m. The median overbid percentage was at 104.2%, with an average of 21 days on the market.

There were 81 condo and townhome units for sale, providing 1.3 months of inventory. There were 21 new listings and 31 units sold at a median sale price of $710k. The median overbid percentage was at 99.7%, with an average of 41 days on the market.

SFH

Single-Family Homes

25 New Listings

0.7 Months of Inventory

53 Sold Listings

$1.4M

Median Sale Price

104.2%

Median Sale vs List

21 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

21

New Listings

31 Sold Listings

1.3

Months of Inventory

$710K

Median Sale Price 99.7%

Median Sale vs List

41 Avg Days on Market

DECEMBER 2022 - DECEMBER 2023

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 increased from $1 3m last December 2022, to $1 4m as of December 2023

Condos & Townhomes

The median sales price has decreased from $1 1m last December 2022, to $710k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last December 2022, to 21 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 42 days in December 2022, to 41 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 8% last December 2022, to 104 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.2% last December 2022, to 99.7% a year later.

Newark

What's in the Newark data?

There were 25 single-family homes for sale, providing 1.2 months of inventory. There were 8 new listings, and 14 homes sold at a median price of $1.3m. The median overbid percentage was at 102.5%, with an average of 28 days on the market.

There were 8 condo and townhome units for sale, providing 1.7 months of inventory. There were 5 new listings and 3 units sold at a median sale price of $1.1m. The median overbid percentage was at 105%, with an average of 13 days on the market.

SFH

Single-Family Homes

8 New Listings

14 Sold Listings

1.2 Months of Inventory

$1.3M Median Sale Price

102.5%

Median Sale vs List

28 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

5

New Listings

3 Sold Listings

1.7

Months of Inventory

$1.1M

Median Sale Price 105%

Median Sale vs List

13 Avg Days on Market

DECEMBER 2022 - DECEMBER 2023

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 increased from $1 1m last December 2022, to $1 3m as of December 2023

Condos & Townhomes

The median sales price has increased from $962k last December 2022, to $1 1m as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last December 2022, to 28 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 7 days in December 2022, to 13 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 1% last December 2022, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 91.5% last December 2022, to 104.8% a year later.

UnionCity

What's in the Union City data?

There were 15 single-family homes for sale, providing 1.1 months of inventory. There were 4 new listings, and 9 homes sold at a median price of $1.1m. The median overbid percentage was at 107.1%, with an average of 23 days on the market.

There were 9 condo and townhome units for sale, providing 2 months of inventory. There was 1 new listing and 8 units sold at a median sale price of $540k. The median overbid percentage was at 99.6%, with an average of 64 days on the market.

SFH

Single-Family Homes

4 New Listings

1.1 Months of Inventory

9 Sold Listings

$1.1M

Median Sale Price

107.1%

Median Sale vs List

23 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

1 New Listing

2 Months of Inventory

Listings

DECEMBER 2022 - DECEMBER 2023

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 2m last December 2022, to $1 1m as of December 2023

Condos & Townhomes

The median sales price has decreased from $550k last December 2022, to $540k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 40 days last December 2022, to 23 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 48 days in December 2022, to 64 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 8% last December 2022, to 107 1% a year later

Condos & Townhomes

The overbid percentage has increased from 91.5% last December 2022, to 99.6% a year later.

SFH

Single-Family Homes

30 New Listings

44 Sold Listings

1.1 Months of Inventory

$945K Median Sale Price

100.5%

Median Sale vs List

32 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Listings 1

of Inventory

vs List

Listings

Median SalesPrice

Single-Family Homes

The median sales price has increased from $830k last December 2022, to $945k as of December 2023

Condos & Townhomes

The median sales price has decreased from $605k last December 2022, to $516k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last December 2022, to 32 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 62 days in December 2022, to 37 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 6% last December 2022, to 100 5% a year later

Condos & Townhomes

The overbid percentage has increased from 94.9% last December 2022, to 97.8% a year later.

Castro Valley

What's in the Cast data?

There were 27 single-family h providing 0.7 months of inve new listings, and 20 homes s of $1.2m. The median overbi 100 4%, with an average of 1

There were 10 condo and tow sale, providing 2 months of in new listing and 2 units sold a of $582k. The median overbi 99.7%, with an average of 20

SFH

Single-Family Homes

12 New Listings

0.7 Months of Inventory

20 Sold Listings

$1.2M

Median Sale Price

100.4%

Median Sale vs List

16 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

1 New Listing

2 Sold Listings

2 Months of Inventory $582K

Median Sale Price 99.7%

Median Sale vs List 20 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1m last December 2022, to $1 2m as of December 2023

Condos & Townhomes

The median sales price has decreased from $650k last December 2022, to $582k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 31 days last December 2022, to 16 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 116 days in December 2022, to 20 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 3% last December 2022, to 100 4% a year later

Condos & Townhomes

The overbid percentage has increased from 98.4% last December 2022, to 99.7% a year later.

San Leandro

What's in the San Leandro

data?

There were 51 single-family homes for sale, providing 1 month of inventory. There were 20 new listings, and 21 homes sold at a median price of $910k. The median overbid percentage was at 99 2%, with an average of 23 days on the market

There were 27 condo and townhome units for sale, providing 1.6 months of inventory. There were 4 new listings and 3 units sold at a median sale price of $475k. The median overbid percentage was at 99.1%, with an average of 34 days on the market.

SFH

Single-Family Homes

20 New Listings

1 Month of Inventory

21 Sold Listings

$910K

Median Sale Price

99.2%

Median Sale vs List

23 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

4

New Listings

3 Sold Listings

1.6

Months of Inventory

$475K

Median Sale Price 99.1%

Median Sale vs List 34 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has increased from $847k last December 2022, to $910k as of December 2023

Condos & Townhomes

The median sales price has decreased from $542k last December 2022, to $475k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last December 2022, to 23 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 60 days in December 2022, to 34 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 8% last December 2022, to 99 2% a year later

Condos & Townhomes

The overbid percentage has increased from 93.3% last December 2022, to 99.1% a year later.

Tri-Cities

What's in the Tri-Cities data?

There were 119 single-family homes for sale, providing 0 9 months of inventory There were 37 new listings, and 76 homes sold at a median price of $1.4m. The median overbid percentage was at 103.8%, with an average of 22 days on the market.

There were 98 condo and townhome units for sale, providing 1.4 months of inventory. There were 27 new listings and 42 units sold at a median sale price of $693k The median overbid percentage was at 100.1%, with an average of 40 days on the market.

SFH

Single-Family Homes

37 New Listings

0.9 Months of Inventory

76 Sold Listings

$1.4M

Median Sale Price

103.8%

Median Sale vs List

22 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

27

New Listings

42 Sold Listings

1.4

Months of Inventory

$693K

Median Sale Price

100.1%

Median Sale vs List

40 Avg Days on Market

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 increased from $1 2m last December 2022, to $1 4m as of December 2023

Condos & Townhomes

The median sales price has decreased from $1 1m last December 2022, to $693k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last December 2022, to 22 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 39 days in December 2022, to 40 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 9% last December 2022, to 103 8% a year later

Condos & Townhomes

The overbid percentage has increased from 99.8% last December 2022, to 100.1% a year later.

Pleasan

What's in the Plea

There were 50 single-family providing 0.9 months of inve new listings and 22 homes s of $1.5m. The median overb 101.4%, with an average of 2

There were 9 condo and tow providing 0.5 months of inve new listing and 4 units sold a of $947k. The median overbi 101.6%, with an average of 3

SFH

Single-Family Homes

14 New Listings

22 Sold Listings

0.9 Months of Inventory

$1.5M Median Sale Price

101.4%

Median Sale vs List

26 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

1

New Listing

4 Sold Listings

0.5

Months of Inventory

$947K

Median Sale Price

101.6%

Median Sale vs List

34 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 54m last December 2022, to $1 51m as of December 2023

Condos & Townhomes

The median sales price has increased from $751k last December 2022, to $947k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 44 days last December 2022, to 26 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 41 days in December 2022, to 34 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 91 2% last December 2022, to 101 4% a year later

Condos & Townhomes

The overbid percentage has increased from 94.9% last December 2022, to 101.6% a year later.

SanRamon

What's in the San Ramon data?

There were 27 single-family homes for sale, providing 0.6 months of inventory. There were 8 new listings, and 23 homes sold at a median price of $1.5M. The median overbid percentage was at 99.2%, with an average of 26 days on the market.

There were 42 condo and townhome units for sale, providing 1.2 months of inventory. There were 6 new listings and 12 units sold at a median sale price of $772k. The median overbid percentage was at 100.9%, with an average of 37 days on the market.

SFH

Single-Family Homes

8 New Listings

23 Sold Listings

0.6 Months of Inventory

$1.5M Median Sale Price

99.2%

Median Sale vs List

26 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

6

New Listings

12

Sold Listings

1.2

Months of Inventory

100.9%

Median Sale vs List

$772K

Median Sale Price

37

Avg Days on Market

DECEMBER 2022 - DECEMBER 2023

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 52m last December 2022, to $1 55m as of December 2023

Condos & Townhomes

The median sales price has decreased from $1m last December 2022, to $772km as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 31 days last December 2022, to 26 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 67 days in December 2022, to 37 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 5% last December 2022, to 99 2% a year later

Condos & Townhomes

The overbid percentage has increased from 95.3% last December 2022, to 100.9% a year later.

Livermore

What's in the Livermore data?

There were 60 single-family homes for sale, providing 1 month of inventory. There were 17 new listings, and 34 homes sold at a median price of $1.1m. The median overbid percentage was at 101.2%, with an average of 20 days on the market.

There were 16 condo and townhome units for sale, providing 0.6 months of inventory. There were 4 new listings and 12 units sold at a median sale price of $740k. The median overbid percentage was at 98.8%, with an average of 27 days on the market.

SFH

Single-Family Homes

17 New Listings

1 Month of Inventory

34 Sold Listings

$1.1M

Median Sale Price

101.2%

Median Sale vs List

20 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

4

New Listings

12

Sold Listings

0.6

Months of Inventory

$740K

Median Sale Price 98.8%

Median Sale vs List

27

Avg Days on Market

DECEMBER 2022 - DECEMBER 2023

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 increased from $989k last December 2022, to $1 1m as of December 2023

Condos & Townhomes

The median sales price has increased from $723k last December 2022, to $740k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 36 days last December 2022, to 20 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 34 days in December 2022, to 27 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 7% last December 2022, to 101 2% a year later

Condos & Townhomes

The overbid percentage has increased from 93.1% last December 2022, to 98.8% a year later.

Cupert

What's in the Cupe

There were 47 single-family h providing 2.5 months of inve new listings, and 16 homes s of $2.6M. The median overbi 100.6%, with an average of 1

There were 16 condo and tow sale, providing 2 months of in 4 new listings and 3 units so price of $1.2m. The median o was at 94.2%, with an averag market.

SFH

Single-Family Homes

9 New Listings

16 Sold Listings

2.5 Months of Inventory

$2.6M Median Sale Price

100.6%

Median Sale vs List

14 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

4

New Listings

3 Sold Listings

2 Months of Inventory $1.2M

Median Sale Price 94.2%

Median Sale vs List 24 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 5m last December 2022, to $2 6m as of December 2023

Condos & Townhomes

The median sales price has increased from $1 1m last December 2022, to $1 2m as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 6 days last December 2022, to 14 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 13 days in December 2022, to 24 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 6% last December 2022, to 100 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.6% last December 2022, to 94.2% a year later.

Oakla

What's in the

There were 429 single providing 2 months of new listings, and 153 price of $945k. The m was at 106.5%, with a market.

There were 174 condo sale, providing 2 9 mo were 20 new listings a sale price of $525k. T percentage was at 94 days on the market.

SFH

Single-Family Homes

67 New Listings

2 Months of Inventory

153 Sold Listings

$945K

Median Sale Price

106.5%

Median Sale vs List

47 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

20

New Listings

41

Sold Listings

2.9

Months of Inventory

$525K

Median Sale Price 94%

Median Sale vs List 85 Avg Days on Market

Oakland

DECEMBER 2022 - DECEMBER 2023

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 increased from $827k last December 2022, to $945k as of December 2023

Condos & Townhomes

The median sales price has decreased from $545k last December 2022, to $525k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 48 days last December 2022, to 47 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 60 days in December 2022, to 86 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 6% last December 2022, to 106 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.6% last December 2022, to 94% a year later.

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