Murtagh Team Market Report

Fremont, CA

Single-Family Homes

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Fremont, CA

Wed Dec 04 2024
This week the median list price for Fremont, CA is $1,898,000 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has decreased to 37. Click here to stay informed with the Fremont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fremont, CA

Wed Dec 04 2024
This week the median list price for Fremont, CA is $1,898,000 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has decreased to 37. Click here to stay informed with the Fremont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fremont market.
Median List Price $1,898,000
Median Price of New Listings $1,762,500
Per Square Foot $971
Average Days on Market 68
Median Days on Market 21
Price Decreased 22%
Price Increased 8%
Relisted 16%
Inventory 37
Median Rent
Market Action 80
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$2,995,000 3,221 0.5 - 1 acre 5 4 53 0 2 28
$2,399,888 2,414 6,500 - 8,000 sqft 4 3 44 2 3 35
$1,698,000 1,762 6,500 - 8,000 sqft 4 2 63 2 5 14
$1,567,944 1,527 4,500 - 6,500 sqft 3 2.3 50 2 6 7