Is Hayward, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Hayward has remained a Seller's Market.
Housing Prices in Hayward, CA
How much do homes in Hayward, CA cost?
Median Sold Price
$849,666
$584/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Hayward was $849,666 in November 2023, down 2.5% from last year, and the median price per square foot was $584.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $387.5K | $400K | +3.2% |
2 Bedrooms | $620K | $635K | +2.4% |
3 Bedrooms | $876K | $850K | -3.0% |
4 Bedrooms | $1.1M | $1.0M | -7.8% |
5+ Bedrooms | $1.5M | $1.5M | +3.0% |
Summary: Hayward housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Union City | $1.1M | $1.2M | +3.4% |
Hayward | $871.8K | $849.6K | -2.5% |
Fremont | $1.4M | $1.3M | -3.2% |
Pleasanton | $1.6M | $1.5M | -3.6% |
San Leandro | $878.5K | $824.4K | -6.2% |
Housing Supply in Hayward, CA
How many homes are available in Hayward, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
205 | 175 | -14.6% |
Summary: The Hayward real estate market had 175 homes for sale in November 2023, a 14.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 32 | 34 | +6.3% |
3 Bedrooms | 105 | 79 | -24.8% |
4 Bedrooms | 46 | 36 | -21.7% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Hayward housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
82 | 60 | -26.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Hayward in November 2023, down by 26.8% month-over-month. Of the 56 sold homes, 25% were sold under asking, 5% were sold at asking, and 70% were sold over asking.
Days on Market for Hayward, CA
How long does it take to sell a home in Hayward, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
31 Days | 18 Days | -39.8% |
Summary: Homes in Hayward had an average of 18 days on market in Nov 2023, down by 39.8% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2023, 60 homes were sold in Hayward; 77% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.