FREMONT, CA
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
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2013 Altos Research LLC
City Overview
Intero Real Estate Services | EastBay
FREMONT, CA
This Week
The median list price in FREMONT, CA this week is $719,950. The 72 properties have been on the market for an average of 56 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
The Market Action Index has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends 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 6,501 8,000 sqft 4,501 6,500 sqft 4,501 6,500 sqft
30 45 50 52
18 18 18 18
3 6 3 3
2 7 6 6
94 49 38 43
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties
Page 2 of 6
City Overview
FREMONT, CA
Median Price
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.
7-day Average
90-day Average
Quartile Prices
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market.
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Page 3 of 6
City Overview
FREMONT, CA
7-day Average
90-day Average
7-day Average
90-day Average
Page 4 of 6
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.
Page 5 of 6
City Overview
FREMONT, CA
Days on Market
The properties have been on the market for an average of 56 days. Half of the listings have come newly on the market in the past 21 or so days.
7-day Average
90-day Average
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Page 6 of 6