Single-Family Homes
Wed Apr 16 2025
This week the median list price for Fremont, CA is $1,699,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has increased to 89.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Median List Price | $1,699,000 | |
Median Price of New Listings | $1,628,000 | |
Per Square Foot | $1,021 | |
Average Days on Market | 30 | |
Median Days on Market | 14 | |
Price Decreased | 24% | |
Price Increased | 9% | |
Relisted | 11% | |
Inventory | 89 | |
Median Rent | ||
Market Action | 73 | |
Strong Seller's Market |
Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. You can investigate this condition in the quartile details.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,474,500 | 2,318 | 6,500 - 8,000 sqft | 4 | 3 | 47 | 4 | 5 | 21 |
$1,850,000 | 1,758 | 6,500 - 8,000 sqft | 3 | 2 | 50 | 5 | 6 | 21 |
$1,599,000 | 1,586 | 4,500 - 6,500 sqft | 4 | 2 | 62 | 7 | 6 | 17 |
$1,350,000 | 1,370 | 4,500 - 6,500 sqft | 3 | 2 | 70 | 11 | 7 | 14 |