Is Fremont, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fremont is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Fremont has remained a Seller's Market.

Key Takeaway

Fremont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fremont, CA cost?

Median Sold Price

$1,356,666

$849/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$153,416(+12.8%)

Key Takeaway

Homes in Fremont have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $436K$482K
+10.6%
2 $680K$750K
+10.3%
3 $1.2M$1.3M
+12.5%
4 $1.4M$1.7M
+15.3%
5+ $2.1M$2.5M
+20.1%

Median Sold Price Compared To Nearby Cities

Milpitas
+13.2%
Fremont
+12.8%
Newark
+11.1%
Union City
+3.1%

How many homes are available in Fremont, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
129117-9.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 66
0.0%
2 3729
-21.6%
3 4843
-10.4%
4 3032
+6.7%
5+ 87
-12.5%

Number of Homes Sold

Aug 2022Sep 2022%
4539-13.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fremont, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
13 Days25 Days+89.6%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fremont are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fremont, CA

Homes for sale in Fremont, CA have reached 117. The inventory of homes for sale in Fremont, CA between August 2022 and September 2022 decreased by 9.3%. While the average time on the market in September 2022 was 25 days, the median list price was $1,356,666. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 10.6%, prices of 2 bedrooms properties increased by 10.3%, prices of 3 bedrooms properties went up by 12.5%, 4 bedrooms properties became 15.3% more expensive, the cost of 5 bedrooms properties went up by 20.1%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 21.6% less available, the quantity of 3 bedrooms homes went down by 10.4%, 4 bedrooms homes inventory increased by 6.7%, 5 bedrooms homes inventory decreased by 12.5%. While more than 15 listings in Fremont, CA in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 21 were sold below.

Related Housing Market Reports