Fremont CA Short Sale Listing Specialist Scott Fuller Explains Nov Housing Stats
Fremont CA short sale listing specialist Scott Fuller has some new housing data for Nov 2012 covering the city of Fremont. If you’ve been a buyer in this market lately, you’ve noticed that housing inventory has decreased quite a bit. The number of buyers has increased. Thus we’re seeing a little bit over asking price and multiple offers on the existing inventory.
What represents this right here is November of 2011 there were 205 active listings in Fremont. Fast forward one year from that, in November of 2012 there were only 80 active listings. About one-third a year later. Again, that represents the kind of market that we’re seeing right now which is a lot of buyers and not a lot of properties. I expect that this is going to maintain into the first couple of quarters of 2013. Number of properties sold in Fremont for November, 2011, there were 98 properties sold. We look into November of 2012, 101 properties sold in Fremont CA. More sales in November of 2012 than the prior year. Your Fremont CA short sale listing specialist Scott Fuller feels the number of listings will remain low relative to the number of buyers in 2013, thus putting upward pressure on prices. Month’s supply of inventory is 1.6 months for November of 2011. We’re going to look at that to go down to about a half a month of inventory in November. 2012. Median sale price roughly the same. $495,000 for Fremont. The average days on market is about 55 days.
If you have any questions about Fremont CA real estate, if you’d like to contact us, get some more information on buying or selling, whether it’s a short sale, regular sale, bank owned, anything like that feel free to contact us on our website. If you would like to see how your Fremont CA short sale listing specialist Scott Fuller can help you sell your home as a short sale, or to learn more about the services we provide, visit us on our YouTube Channel!
Fremont CA Short Sale Listing Specialist Explains Nov Housing Stats
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