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Current Real Estate Market Conditions for Single Family Homes Trends in Pricing Current Levels of Supply and Demand Value Metrics
Presented by Intero Real Estate Services Intero Real Estate Services www.Facebook.com/InteroEastBay 510.651.6500
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City Overview
Intero Real Estate Services | EastBay
FREMONT, CA
This Week
The median list price in FREMONT, CA this week is $680,000. The 115 properties have been on the market for an average of 51 days.
Median List Price Average List Price
Trend
== +
Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing
Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.
Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms
Trend Key:
No change
== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend
0.25 - 0.50 acre 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft
22 35 50 54
28 29 29 29
4 8 7 4
7 10 7 8
80 44 37 46
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties
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City Overview
FREMONT, CA
Median Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.
7-day Average
90-day Average
Quartile Prices
In the quartile market segments, we see the market lacking strong directional indication lately. Quartiles 4 and 1 are up while Quartile 3 is down and Quartile 2 is basically flat in recent weeks. Watch for persistent shifts in the Market Action Index for a leading indicator of stronger price moves in the market as a whole.
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
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City Overview
FREMONT, CA
7-day Average
90-day Average
7-day Average
90-day Average
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City Overview
FREMONT, CA
90-day Average
Buyers/Sellers Cutoff
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
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City Overview
FREMONT, CA
Days on Market
The properties have been on the market for an average of 51 days. Half of the listings have come newly on the market in the past 28 or so days.
7-day Average
90-day Average
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
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