FREMONT CALIFORNIA MARKET REPORT FOR 10-31-13
By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Market Report for Fremont, Ca. as of 10-31-13. I have not done a market report for some time. The market has changed. Inventory (the number of homes actively listed for sale) was up but now is has headed downwards again. We are heading into the Holiday Season where reduced inventory is an expectation. On top of the normal reduced level of inventory we are still burdened by the unusually low inventory trend that has been dogging the market for over a year. The market has changed markedly in the last two years as you can see from the chart. The two biggest, most obvious changes revealed by the chart are: 1.Inventory of listed homes for sale has declined and has been low for at least the last year. 2.Listings for distressed homes have shown a huge decline. Whereas total distressed sal...
Comments
0