The average home sold through the MLS in Fremont California in March of 2006 listed for $692,800, and sold for 99.3% of list, at $688,017. The median sale price was $669,000. Appreciation was 6.6% over last year on a cost per square foot basis.
Although average days on market increased in a fairly dramatic way from 11 days to 23, other indicators were less troubling. Unit volume is down only 25%, from 260 units sold last March to 195 this March, and because the number of expireds actually decreased, the expired to sold ratio has remained steady at a low 8%. Inventory remains low at 1.9 months.

This entry was posted on Monday, April 10th, 2006 at 1:34 pm and is filed under , . You can leave a comment, or trackback from your own site.