INTERO REAL ESTATE SERVICES- IMARKET UPDATE FREMONT, CA - Current Real Estate Market Conditions for Single Family Homes - Trends in Pricing - Current Levels of Supply and Demand - Value Metrics - Report for the week of October 07, 2013 - Presented by Intero Real Estate Services-Fremont Intero Real Estate Services www.Facebook.com/InteroEastBay 510.651.6500 REAL ESTATE SERVICES, GyINTEROCITY OVERVIEW INTERO REAL ESTATE SERVICES | EASTEAY SINGLE FAMILY HOMES IN Real-Time Market Profile Trend + The median list price in FREMONT, CA _Nedian ist Fre s099,00 88 this week is $699,000. The 147 Average List Price $944.67 properties have been on the market Asking Price FerSquare Foot sor + for an average of 50 days. Average Days on Maret (Dol) oo Inventory of Properties Listed “lo ost Expensive Listing $4.680,000 With inventory and days-on-market Laat Expansive Listing $399,000 basically unchanged and the Market Average Age of Listing a Action Index decreasing, the market Percent of Properties with Price Decrease 35% is not sending strong directional Percent Relisted (reset DOM) ne signal for the near-term outlook. Percent Flip rice increased) 46 Nedian Hous Size (a) 1700 Nedian Lot Sze 4.501 6.500 soft Necian Number ef Bedrooms 40 Necian Number of Bathrooms 25 Supply and Demand Altos Research Val statis +The market has been cooling off a arket Action index strong Sellers ere bit in recent weeks, as more homes ‘The Market Action Index answers the question ‘Hows the Market? by measuring are available and demand is less. the current rate of sale versus the amount of the mventory. Index above 10 implies 2 sellers advantage. Below 30, conditions give the advantage to the We're already seeing prices move bier lower as a result. Expect this trend to continue expecially if the index Trend Key: CSmmEE SS Qos en falls to the Buyer's zone. Watch for a RE ee a ane rae persistent up-turn in Market Action to signal prices rising again Characteristics per Quartile Quartile median Price Sa. Ft. LotSice Beds Baths Age Inventory lew Absorbed 00M Top/First $1,549,500 3262 “tee 4.03.0 26363 _—_CMost expensive 25K of properties Meret senee $780,000 17 40 25 3% 37 10 9 AT Uppermidcte 25% of properties Lower/Third $659,000 1608, 3020 4 37 3 2 Lowermidde 25K of properties Bottom /Fourth $559,900 1330 30 20 54 37 5 13.46 _ Least expensive 25% of properties PAGE 2 OF 6 MonDAY OCTOBER 7, 2013SINGLE FAMILY HOMES IN CITY OVERVIEW INTERO REAL ESTATE SERVICES | EASTBAY + The markethas been on a downward trend recently and this week, while essentially flat, doesnt break us out of that cycle, 850,000 $200,000 $750,000 $700,000 430,000 400,000 950,000 Oct 10 Jan tt Aprtt JultY Ott Jan 12 Apr Jul12 Oct 12 Jan 13 Apr13 Jult3 O13 Ly AVETEGE 90-day Average Quartile Prices Lee Pricing is on a slightly negative trend lately. Prices in Quartile 4 and 1 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $2,000,000 51,750,000 $1,500,000 $1,250,000 $1,000,000 750000 fo eee —————— $500,000 Oct 10 Jan tt Apri Ju Octtt dan t2 Apri? JWI? Oct 12 Jan 13 Aprt3 Jult3 Oct 13 (]Fesvtop — second/Upper = Third/Lower = Fourth/Bottom Pace 3 oF 6 Monbay OcTOBER 7, 2013