MARKET UPDATE

Intero Real Estate Services

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
June 23, 2014
Presented by Intero Real Estate Services
Intero Real Estate Services
www.Facebook.com/InteroEastBay
510.651.6500
FREMONT, CA 94536
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2013 Altos Research LLC
Median List Price
Median Lot Size
77.0
Percent Relisted (reset DOM)
1796
2.5
4 %
Median Number of Bathrooms
31
Inventory of Properties Listed
$ 480
Percent Flip (price increased)
4,501 - 6,500 sqft
Median House Size (sq ft)
$ 807,500
17 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
10 %
Percent of Properties with Price Decrease
Strong Seller's
==
+
+
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Altos Research Value Statistics

Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Real-Time Market Profile Trend
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 a seller's advantage. Below 30, conditions give the advantage to the
buyer.
Supply and Demand
Characteristics per Quartile
28 10 2978
26 2.0 39
3.0
17
24
3.0 42
32
8
14
8,001 -
10,000 sqft
52
$ 749,450
10
14
42
3.0
4,501 -
6,500 sqft
9 2.5
1323
4,501 -
6,500 sqft
41
$ 609,000
4.0
42
4,501 -
6,500 sqft
$ 899,000
4.0 $ 1,568,000
28
9
1970
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.
Monday June 23, 2014
Intero Real Estate Services | EastBay
41
1638
2.0
The median list price in FREMONT, CA
this week is $807,500. The 166
properties have been on the market
for an average of 31 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOM Sq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend
+
==
=
FREMONT, CA
City Overview
Least Expensive Listing
Average List Price
Average Age of Listing
166
$ 9,000,000
$ 99,987
$ 1,061,916
38
Trend Key:
The market has started cooling and
prices have recently plateaued.
Since we're in the Seller's zone,
watch for changes in MAI. If the MAI
resumes it's climb, prices will likely
follow suit. If the MAI drops
consistently or falls into the Buyer's
zone, watch for downward pressure
on prices.
Page 2 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
City Overview
FREMONT, CA
Monday June 23, 2014
Median Price
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see
prices deviate from these levels.
90-day Average 7-day Average
Quartile Prices
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We'll need to
see a persistent shift in the Market Action Index before we see prices across the board move from these levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
City Overview
FREMONT, CA
Monday June 23, 2014
Price per Square Foot
The market plateau is seen across the price and value. The price per square foot and median list price have both been
reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from
these levels.
90-day Average 7-day Average
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market
Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average 7-day Average
Page 4 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
City Overview
FREMONT, CA
Monday June 23, 2014
Market Action Index
The FREMONT market is currently quite strongly in the Seller's Advantage zone (greater than 30). The 90-day Market Action
Index stands at 76.96; indicating very little supply relative to the demand.
Buyers/Sellers Cutoff 90-day Average
Market Action Index per Quartile
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the
whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a
slowdown for the whole group.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 5 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
City Overview
FREMONT, CA
Monday June 23, 2014
Days on Market
The properties have been on the market for an average of 31 days. Half of the listings have come newly on the market in the
past 14 or so days.
90-day Average 7-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 11
Single Family Homes in
Median List Price
Median Lot Size
76.8
Percent Relisted (reset DOM)
1737
2.0
2 %
Median Number of Bathrooms
25
Inventory of Properties Listed
$ 452
Percent Flip (price increased)
6,501 - 8,000 sqft
Median House Size (sq ft)
$ 758,000
12 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
4 %
Percent of Properties with Price Decrease
Strong Seller's
==
+
==
+
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Real-Time Market Profile Trend
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 a seller's advantage. Below 30, conditions give the advantage to the
buyer.
Supply and Demand
Characteristics per Quartile
28 3 2194
30 2.0 43
3.0
5
27
3.0 13
30
7
3
6,501 -
8,000 sqft
51
$ 729,000
0
5
13
3.0
4,501 -
6,500 sqft
6 2.0
1346
4,501 -
6,500 sqft
13
$ 625,000
3.0
10
6,501 -
8,000 sqft
$ 799,990
4.0 $ 949,950
53
2
1737
Demand measured by the Market
Action Index is increasing and days-
on-market is holding steady. With
more properties coming available,
conditions are mildly positive.
Monday June 23, 2014
Intero Real Estate Services | EastBay
12
1688
2.0
The median list price in FREMONT, CA
94536 this week is $758,000. The 51
properties have been on the market
for an average of 25 days.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOM Sq. Ft.
No change
Strong upward trend Strong downward trend
Slight upward trend Slight downward trend
+
==
=
FREMONT, CA
94536
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
51
$ 1,249,500
$ 300,000
$ 774,652
42
Trend Key:
Home sales continue to outstrip
supply and the Market Action Index
has been moving higher for several
weeks. This is a Seller's market so
watch for upward pricing pressure in
the near future if the trend
continues.
Page 7 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
Neighborhood Detail
FREMONT, CA
94536
Monday June 23, 2014
Median Price
You can see that prices in this zip code are marching upward and that we're getting close to the market's all time high. Watch
for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength
subsiding.
90-day Average 7-day Average
Quartile Prices
In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all
four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from
these current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 8 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
Neighborhood Detail
FREMONT, CA
94536
Monday June 23, 2014
Price per Square Foot
The price per square foot is increasing fairly consistently recently despite the fact that overall price trends haven't shown a
consistent upwardly push. This can imply that investment conditions are opportunistic. Watch the Remodel Index for a more
detailed analysis of the investment opportunity in the area.
90-day Average 7-day Average
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market
Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average 7-day Average
Page 9 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
Neighborhood Detail
FREMONT, CA
94536
Monday June 23, 2014
Market Action Index
The FREMONT, 94536 market is currently quite strongly in the Seller's Advantage zone (greater than 30). The 90-day Market
Action Index stands at 76.77; indicating very little supply relative to the demand.
Buyers/Sellers Cutoff 90-day Average
Market Action Index per Quartile
Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the
whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a
slowdown for the whole group.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 10 of 11
Single Family Homes in
Intero Real Estate Services | EastBay
Neighborhood Detail
FREMONT, CA
94536
Monday June 23, 2014
Days on Market
The properties have been on the market for an average of 25 days. Half of the listings have come newly on the market in the
past 7 or so days.
90-day Average 7-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 11 of 11
Single Family Homes in