Intero Real Estate Services Executive Summary

Monday April 14, 2014

FREMONT, CA 94555
Single Family Homes

This Week
The median list price in FREMONT, CA 94555 this week is $739,500. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

Real-Time Market Profile Median List Price $ 739,500 Asking Price Per Square Foot $ 438 Average Days on Market (DOM) 8 Percent of Properties with Price Decrease 0% Percent Relisted (reset DOM) 9% Percent Flip (price increased) 0% Median House Size (sq ft) 1608 Median Lot Size Less than 4,500 Median Number of Bedrooms 4.0 Median Number of Bathrooms Market Action Index Strong Seller's 2.5 85.2

Trend == =

Supply and Demand

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.

==

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Price
Market Action Index
Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer's zone as a leading indicator of the price strength finally abating.

Price Trends

7-Day Rolling Average

90-Day Rolling Average

Buyer/Seller Cutoff

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Quartiles
Quartile Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size
Less than 4,500 sqft Less than 4,500 sqft 4,501 6,500 sqft Less than 4,500 sqft

7-Day Rolling Average

90-Day Rolling Average

Characteristics per Quartile

Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Beds

Baths

Age Inventory New Absorbed DOM

$ 950,000 $ 820,000 $ 714,944 $ 524,974

2421 1673 1395 1167

4.0 4.0 4.0 3.0

2.5 2.5 2.0 2.0

24 26 32 40

5 5 6 6

1 2 3 3

3 1 1 3

6 4 4 18

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