URGENT UPDATE: Real estate activity in Fremont is heating up, with a condominium selling for $450,000 leading the most affordable home sales this past week. As of August 4, 2023, the average home price in the area stands at a staggering $2.5 million, highlighting a significant market disparity.
In total, 33 home sales were recorded, averaging 1,658 square feet per property, with typical listings featuring 3 bedrooms and 1 bathroom. As the real estate landscape shifts, potential buyers are closely watching these developments.
The top 10 home sales for the week reveal intriguing deals, with properties priced between $10 and $10,000,000. Here are the highlights:
10. $920K, Condominium at 42100 Osgood Road
This modern condo, built in 2022, features 1,446 square feet of living space, sold for $920,000 at a price per square foot of $636. It offers 3 bedrooms and 3 bathrooms.
9. $819K, Condominium at 38400 Redwood Terrace
With 1,400 square feet of space, this 1982 construction sold for $819,090 at $585 per square foot. It features 2 bedrooms and 3 bathrooms.
8. $750K, Townhouse at 38000 Buxton
This 1971 townhouse offers 1,168 square feet and was sold for $750,000, equaling $642 per square foot. It includes 3 bedrooms and 2 bathrooms.
7. $709K, Single-Family House at 38000 Inez Ave
This detached house, built in 1961, sold for $709,254 at $512 per square foot, covering 1,386 square feet with 3 bedrooms and 2 bathrooms.
6. $705K, Condominium at 1 Shaniko
This 936-square-foot condo, built in 1987, fetched $705,000, making it $753 per square foot, featuring 2 bedrooms and 2 bathrooms.
5. $695K, Condominium at 5600 Statice
Built in 1994, this 850-square-foot condo sold for $695,000 at $818 per square foot, with 2 bedrooms and 2 bathrooms.
4. $560K, Condominium at 37400 Parish Circle
This 1989 condo sold for $560,000, with 942 square feet at $594 per square foot, featuring 2 bedrooms and 2 bathrooms.
3. $538K, Condominium at 37200 Yolo Terrace
This 1,050-square-foot condo from 1973 sold for $538,000, priced at $512 per square foot, offering 2 bedrooms and 2 bathrooms.
2. $560K, Condominium at 39200 Guardino Drive
This 1990 built condo sold for $560,000, covering 857 square feet at $653 per square foot with 2 bedrooms and 1 bathroom.
1. $450K, Condominium at 39200 Guardino Drive
Leading the week, this 1990 condo spans 693 square feet and sold for $450,000, bringing a price of $649 per square foot, featuring 1 bedroom and 1 bathroom.
As the real estate market continues to evolve, buyers and investors are urged to stay alert for these competitive listings. The surge in activity reflects a broader trend that could shape the future of Fremont’s housing market.
For ongoing updates, readers are encouraged to follow local real estate news closely.
This report was compiled using data from public records by the Bay Area Home Report Bot, which analyzes home sales and other real estate data. For inquiries, contact [email protected].
