Is Fremont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fremont has remained a Seller's Market.
Housing Prices in Fremont, CA
How much do homes in Fremont, CA cost?
Median Sold Price
$1,424,523
$917/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fremont was $1,424,523 in April 2024, up 7.5% from last year, and the median price per square foot was $917.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $469K | -1.3% |
2 Bedrooms | $734.9K | $753K | +2.5% |
3 Bedrooms | $1.3M | $1.3M | +6.9% |
4 Bedrooms | $1.6M | $1.7M | +8.0% |
5+ Bedrooms | $2.3M | $2.6M | +15.8% |
Summary: Fremont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
Newark | $1.1M | $1.2M | +9.6% |
Fremont | $1.3M | $1.4M | +7.5% |
Milpitas | $1.2M | $1.3M | +5.4% |
Union City | $1.1M | $1.2M | +5.0% |
Housing Supply in Fremont, CA
How many homes are available in Fremont, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
281 | 325 | +15.7% |
Summary: The Fremont real estate market had 325 homes for sale in April 2024, a 15.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 17 | +6.3% |
2 Bedrooms | 54 | 73 | +35.2% |
3 Bedrooms | 109 | 129 | +18.3% |
4 Bedrooms | 84 | 84 | 0.0% |
5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Fremont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 18.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
124 | 120 | -3.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
101 Homes Were Sold
Over Asking
Summary: A total of 120 homes were sold or pending in Fremont in April 2024, down by 3.2% month-over-month. Of the 118 sold homes, 6% were sold under asking, 8% were sold at asking, and 86% were sold over asking.
Days on Market for Fremont, CA
How long does it take to sell a home in Fremont, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 9 Days | -44.9% |
Summary: Homes in Fremont had an average of 9 days on market in Apr 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 120 homes were sold in Fremont; 95% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.