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. Â
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 | ||
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
This week the
Fremont
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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About The Author
Harvinder Balu
Harvinder Balu | CA DRE 02195792 | 510-600-3425 | info@RealtorHarvinder.com | http://www.RealtorHarvinder.com
