Fremont Real Estate Market Update: June 2025

Depending where you are in the world, the month of June features either the longest daylight hours of the year (Northern Hemisphere) or the shortest daylight hours of the year (Southern Hemisphere). Much like the contrasting lengths of daylight, real estate locally is experiencing a similar situation where some markets are still booming, whereas others are seeing a bit of a slowdown. While mortgage rates have been easing up since late May, they are still on the higher side in the upper 6s (for 30 year fixed). For many of these buyers, it appears they are more willing to accept those rates as they are benefitting from a softer market / slightly less competitive bidding situations.

Fremont - Quick takeaways (6/05/25): 📈

May 2025 prices - The typical Fremont home sold for $1.97M last month, experiencing a small bounce after the dip in April. Although the increase was on the smaller side, this was the 2nd highest average recorded for 2025! While sold price increased, the sold $ per sq ft figure dipped to $1125. Number of May sales above $3M price = 4 (vs 2 in April & 7 in March).
Price over asking % - Homes last month were generally selling 3.9% above asking. For reference, the figure was 7.7% during the hotter March month, which represents almost a 50% decrease, giving a clue that the market (at least for pricing dynamics) has slowed a bit since then.
6 month change - Price over 6 months is up 3.1% from $1.91M in November. Price has been a little volatile since then but is trending in an upwards direction. Even as the monthly averages dipped to the mid $1.8s in Jan & Feb, the sold price per sq ft never dropped below $1105/sq ft.
1 yr change - Year over year, price is almost flat with a 0.4% gain from $1.96M back in 2024. The number of homes sold this past May (90 sales) was roughly similar to the previous two years, with 93 being sold in 2024, and 85 sold back in 2023.
See the May 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.