Livermore’s detached single-family home market remained active in May, with home prices continuing to rise even as sales volume declined compared to last year. Inventory increased modestly, giving buyers more options than they had during the market’s tightest periods, but demand remained strong enough to keep homes selling quickly and above asking price.
Market Snapshot
Home Prices
- Median sale price: $1,335,000 (+6.8% year over year)
- Average sale price: $1,435,336 (+7.5%)
- Average sold price per square foot: $728
Market Activity
- Homes sold: 62 (-13.9% year over year)
- Active listings: 100
- Pending sales: 53
- Months of inventory: 1.7
Market Pace
- Average days on market: 16
- Average sale-to-list price: 102%
Home Prices Continue to Appreciate
Livermore saw another month of healthy price growth, with the median sale price climbing nearly 7% compared to May 2025. The average sale price increased by more than 7%, reflecting continued demand across a broad range of homes.
Although fewer homes sold than a year ago, pricing remains resilient, suggesting buyers continue to compete for quality listings despite affordability challenges and elevated mortgage rates.
Inventory Improves but Remains Limited
The market ended May with 100 active listings, representing approximately 1.7 months of inventory. While this offers buyers more selection than they had in recent years, inventory remains well below the four to six months typically associated with a balanced housing market.
Limited supply continues to support home values while creating favorable conditions for sellers, particularly those with well-maintained and competitively priced homes.
Homes Are Still Selling Quickly
Homes spent an average of 16 days on the market and sold for 102% of their list price, indicating buyers remain willing to compete for desirable properties.
While bidding wars have become less intense than during the market’s peak, attractive homes in sought-after neighborhoods continue to receive strong interest and multiple offers.
What We’re Watching
As the summer market continues, several factors will help shape Livermore’s housing market:
- Whether inventory continues to grow and provides buyers with additional opportunities.
- Whether home prices maintain their current pace of appreciation.
- Whether sales activity rebounds during the peak summer buying season.
- How mortgage rates and affordability influence buyer demand throughout the remainder of the year.
Livermore continues to offer one of the Tri-Valley’s strongest housing markets, balancing steady price appreciation with improving inventory. While buyers have gained slightly more choices, limited supply and consistent demand continue to support a competitive market.
