February 2024 – Insightful Market Report for Fremont: Trends, Opportunities, and Property Dynamics

February 27, 2024

Seller's Market - Tue. Feb. 27

This week the median list price for Fremont, CA is $1,698,999 with the market action index hovering around 87. This is an increase over last month’s market action index of 82. Inventory has increased to 40.

Market Action Index

Strong Seller’s Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Median List Price		$1,698,999
Median Price of New Listings		$1,499,944
Per Square Foot		$938
Average Days on Market		44
Median Days on Market		0
Price Decreased		5%
Price Increased		0%
Relisted		3%
Inventory		40
Median Rent		$3,673
Market Action		87
Strong Seller’s Market