RE/MAX Accord's Market Report

Fremont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Fremont, CA

Sun Jul 21 2019
This week the median list price for Fremont, CA is $1,192,500 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 198. Click here to stay informed with the Fremont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fremont, CA

Sun Jul 21 2019
This week the median list price for Fremont, CA is $1,192,500 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 198. Click here to stay informed with the Fremont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fremont market.
Median List Price $1,192,500
Per Square Foot $694
Days on Market 48
Price Decreased 33%
Price Increased 3%
Relisted 25%
Inventory 198
Median House Rent $3,173
Most Expensive $11,800,000
Least Expensive $149,000
Market Action Index
Strong Seller's Market
55

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,998,000 2,822 8,000 - 10,000 sqft 4 3 29 4 5 67
$1,345,888 1,996 6,500 - 8,000 sqft 4 2 56 6 8 42
$1,085,500 1,547 4,500 - 6,500 sqft 3 2 58 6 12 46
$832,000 1,154 4,500 - 6,500 sqft 3 2 57 9 11 37