line decor
jeff pereyda Jeff Pereyda You Tube Jeff Pereyda Yelp Jeff Pereyda Yahoo Jeff Pereyda Twitter Jeff Pereyda Slideshare Jeff Pereyda LinkedIn Jeff Pereyda Google plus Jeff Pereyda facebook Jeff Pereyda Active Rain Jeff Pereyda Blogger
line decor
Home Sales Up?
 
Sales volume is up a bit; so are the prices. Go to our form now--find out your home's value
chart
chart
Jeff Pereyda
Broker Associate
(510) 742-3212
jeff.pereyda@cbnorcal.com
chart
 
City: Fremont, Newark, Union City February 2013
Property Type: Non-REO Single Family Home, Townhome, Condo | Price $400,000 to $800,000
Trending Versus*: Trending Versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $565,000 chart chart
Average List Price of all Current Listings $577,118 chart chart
February Median Sales Price $511,500 chart chart chart chart $517,500 chart chart
February Average Sales Price $558,800 chart chart chart chart $553,014 chart chart
Total Properties Currently for Sale (Inventory) 61 chart chart
February Number of Properties Sold 80 chart chart 158 chart
February Average Days on Market (Solds) 21 chart chart chart chart 25 chart chart
Asking Price per Square Foot (based on New Listings) $362 chart chart chart chart $361 chart chart
February Sold Price per Square Foot $367 chart chart chart chart $359 chart chart
February Month's Supply of Inventory 0.8 chart chart chart chart 0.8 chart chart
February Sale Price vs List Price Ratio 105.8% chart chart chart chart 104.0% chart chart

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date | Arrows indicate if values are higher (up), lower (down) or unchanged (flat)
Property Sales
February property sales were 80, up from 63 in February of 2012 and 2.6% higher than the 78 sales last month. February 2013 sales were at their highest level compared to February of 2012 and 2011. February YTD sales of 158 are running 23.4% ahead of last year's year-to-date sales of 128.
chart
chart
Prices
The median sales price in February was $511,500, down -3.5% from $530,000 in February of 2012 and down -2.1% from $522,500 last month. The average sales price in February was $558,800, up 1.3% from $551,363 in February of 2012 and up 2.1% from $547,080 last month. February 2013 ASP was at highest level compared to February of 2012 and 2011.
chart
chart
Inventory & MSI
The total inventory of properties available for sale as of February was 61, down -12.9% from 70 last month and down -69.0% from 197 in February of last year. February 2013 Inventory was at the lowest level compared to February of 2012 and 2011.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2013 MSI of 0.8 months was at its lowest level compared with February of 2012 and 2011.
chart
chart
Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for February was 21, down from 29 days last month and down from 57 days in February of last year. The February 2013 DOM was at its lowest level compared with February of 2012 and 2011.
chart
chart
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The February 2013 selling price per square foot of $367 was up 4.9% from $350 last month and up 14.3% from $321 in February of last year.
chart
chart
Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The February 2013 selling price vs list price of 105.8% was up from 103.6% last month and up from 99.0% in February of last year.
chart
chart
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of properties for sale along with new listings and sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of new listings in February 2013 was 114, down -5.0% from 120 last month and down -22.4% from 147 in February of last year.
chart
chart
©2013 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned And Operated by NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. DRE License # 00313415

Based on information from Bay East Association of REALTORS and Contra Costa Association of REALTORS for the period 3/15/1994 through 2/28/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market. This information will expire 30 days from when it was generated.
chartc chart

"The information in this electronic mail message is the sender's confidential business and may be legally privileged. It is intended solely for the addressee(s). Access to this internet electronic mail message by anyone else is unauthorized. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it is prohibited and may be unlawful."

"The sender believes that this E-mail and any attachments were free of any virus, worm, Trojan horse, and/or malicious code when sent. This message and its attachments could have been infected during transmission. By reading the message and opening any attachments, the recipient accepts full responsibility for taking protective and remedial action about viruses and other defects. The sender's company is not liable for any loss or damage arising in any way from this message or its attachments."

"Nothing in this email shall be deemed to create a binding contract to purchase/sell real estate. The sender of this email does not have the authority to bind a buyer or seller to a contract via written or verbal communications including, but not limited to, email communications."


-