Home Prices and Market Trends

In September 2024, the average home price in Alameda County was about $1.27 million. This is a little less than last year. This means it might be a good time to buy a home because prices are a bit lower.

Home Sales

In September, 611 homes were sold in Alameda County. This is a little more than last year. It shows that people still want to buy homes. Sellers can still find buyers if they set a good price.

More Homes Available

There are many more homes for sale now. In September, there were 1,205 homes for sale, which is almost double compared to last year. This means more choices for people who want to buy a home. Sellers need to make their homes special to get noticed.

How Fast Homes Are Selling

Homes in Alameda County were selling in about 14 days. Even though there are more homes for sale, homes are still selling quickly. Most homes sold for a little more than their asking price, which means buyers are still competing.

But about 27% of homes had to lower their prices. This means some sellers are ready to make deals, which is good for buyers.

Tips for Buyers and Sellers

For buyers, this is a good time to look at homes. There are more homes to pick from, and some have price cuts. A good agent can help you get the best deal.

For sellers, the market is still good, but there is more competition. It is important to set the right price to sell fast. Showing special features, like solar panels or new upgrades, can help your home get noticed.

Why Fremont is Great

As a Fremont REALTOR®, I know a lot about Alameda County. Fremont, along with Union City, Newark, and Hayward, has a lot to offer. It is important to work with someone who knows these areas well to get the best results.

With more homes for sale and small price changes, Fremont is still a great place for families, workers, and investors. The good schools, diverse culture, and strong job market make Fremont a great place to live.

Conclusion

The real estate market in Alameda County in September 2024 has both good things and challenges for buyers and sellers. With more homes for sale, strong demand, and slightly lower prices, now might be the perfect time to make your move. Work with a local expert who knows Fremont and Alameda County to help you with your real estate journey.