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 | ||
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
