Fremont’s detached single-family home market remained resilient in May, with home prices holding steady, inventory gradually increasing, and buyer demand continuing to support a competitive market. While price growth has leveled off compared to last year, homes are still selling quickly and inventory remains well below a balanced market.
Market Snapshot
Home Prices
- Median sale price: $1,759,000 (+0.5% year over year)
- Average sale price: $2,049,638 (+4.5%)
- Average sold price per square foot: $1,083
Market Activity
- Homes sold: 98 (+6.5% year over year)
- Active listings: 129
- Pending sales: 72
- Months of inventory: 1.6
Market Pace
- Average days on market: 16
- Average sale-to-list price: 104%
Home Prices Remain Stable
Unlike some East Bay markets experiencing larger price swings, Fremont posted relatively stable pricing in May. The median sale price increased just 0.5% compared to the same month last year, while the average sale price rose 4.5%.
This steady performance suggests the market has found a healthy balance, with buyer demand continuing to support home values without the rapid appreciation seen in previous years.
Sales Activity Continues to Improve
Closed sales increased to 98 homes, up 6.5% from May 2025. At the same time, active listings rose to 129 homes, providing buyers with more options while keeping overall inventory limited.
With approximately 1.6 months of inventory, Fremont remains firmly in a seller’s market. Although inventory has gradually improved over the past year, it is still well below the four to six months typically associated with balanced market conditions.
Buyers Continue to Act Quickly
Homes spent an average of just 16 days on the market, reflecting continued demand for well-priced properties.
The average sale-to-list price of 104% shows buyers are still willing to compete, although bidding activity is generally less aggressive than in some neighboring East Bay communities. Well-presented homes in desirable neighborhoods continue to attract multiple offers, while buyers may find slightly more opportunity to negotiate than during the market’s peak.
What We’re Watching
As the summer market progresses, several trends will help shape Fremont’s housing market:
- Whether inventory continues to grow as more homeowners list their properties.
- Whether steady sales activity continues through the peak buying season.
- Whether home prices remain stable as buyers gain additional choices.
- How mortgage rates and affordability influence demand during the second half of the year.
Fremont continues to stand out as one of the East Bay’s most stable housing markets. Strong buyer demand, limited inventory, and consistent pricing point to a market that remains competitive while offering slightly more balance than in recent years.
