Fremont Housing Market Update: A Look at Detached Home Sales
We've analyzed detached home sales data in Fremont and have some interesting insights to share. In January 2024, we saw 44 detached homes sold with a median "days on market" (DOM) of 11 days and an average sold price of $1,827,316. Fast forward to January 2025, and the market saw 22 detached home sales with a median DOM of 9 days and an average sold price of $1,752,500.
What does this mean?
Several key trends emerge from this data. While the number of sales decreased from 2024 to 2025, the median time it took for a detached home to sell also decreased, suggesting homes were selling slightly faster. Additionally, the average sold price has also seen a decrease.
Key Takeaways:
Faster Sales: Homes are selling slightly quicker in January 2025 than in January 2024.
Lower Sales Volume: The number of detached homes sold has decreased.
Lower Average Price: The average sold price of detached homes has decreased.
Factors to Consider:
Several factors can influence these trends, including changes in interest rates, overall economic conditions, seasonal fluctuations in the market, and even the types of homes that were sold in each period. For example, if more higher-priced homes sold in 2024 and more lower-priced homes sold in 2025, that would impact the average price.
What's Next?
The real estate market is constantly evolving. If you're considering buying or selling in Fremont, it's essential to stay up-to-date on the latest trends. Contact me today for a personalized market analysis and expert guidance tailored to your specific needs. I'm here to help you navigate the Fremont real estate market with confidence!
