Fremont Real Estate Market Update: May 2025

Good morning! Despite the recent tariff uncertainties and stock market fluctuations, home prices have been quite resilient in many areas. Compared to previous years, the pace of this Spring's market has been a little slower, but we are not seeing prices dropping massively here in Fremont or in other areas nearby. Throughout my 11 years in real estate, I've seen many markets shift, trends emerge, and opportunities unfold. This month's newsletter dives into the latest data driving Fremont, equipping you with insights to make more confident decisions.

Fremont - Quick takeaways (5/04/25): 📈

April 2025 prices - The typical Fremont home sold for $1.93M last month, dipping about 6.5% from the hot March data. While prices dipped, April was still the 2nd highest monthly average of 2025. Interestingly, another all time high for sold $ / sq ft has been achieved, which is now $2 higher at $1159. Number of April sales above $3M price = 2 (compared to 7 in March).
Price over asking % - Homes last month were generally selling 6.2% above the asking. Despite the figure sliding, at 6.2%, this was still higher than any month between July 2024 to December 2024 (though last April was 11.2%).
6 month change - Price over 6 months is up 4.7% from $1.85M in October. Price has been a little volatile since then but is trending in an upwards direction. Good sign to also see the all time high for sold $ per sq ft, while price is holding relatively strong in the mid $1.9s.
1 yr change - Year over year, price is about 8.6% lower from $2.11M back in 2024. The number of homes sold this past April (73 sales) was less compared to 2024 (85 sales), but both far more than the slower paced 2023 (with 49 sales).
See the April sold homes HERE.

Take care,

Josh Uy

Fremont Data title banner over Mission Peak and the Fremont hills

Table of Fremont detached home sales month by month over the past two years: number sold, average list price, average sold price, percent over asking, and price per square foot. The latest month's average sold price is highlighted and the one from six months earlier is outlined, and a smaller table below compares the latest month with the same month one and two years earlier

Line chart comparing the average list price and average sold price of Fremont detached homes, month by month over the past two years

Bar chart of the number of detached homes sold in Fremont each month over the past two years

Line chart of the average sold price per square foot of Fremont detached homes, month by month over the past two years

Line chart of the average sold price in Fremont by quarter over three years, with one line for each zip code: 94536, 94538, 94539 and 94555

Line chart of the average sold price per square foot in Fremont by quarter over three years, with one line for each zip code: 94536, 94538, 94539 and 94555

Sales data was pulled from the Bayeast Association of Realtors MLS (deemed reliable but not guaranteed), then organized by Josh Uy. For more information on how these trends might affect your home values and/or the timing of your real estate moves, please feel free to contact me anytime. You can also visit my website (www.JoshUy.com) which has additional resources for home buyers and home sellers.

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Contact Josh Uy, REALTOR, DRE #01952401. Phone 510.449.7280. Email Josh@EverhomeRE.com. Website and QR code both link to www.JoshUy.com. Buying, selling, new homes, and investments.