Recent county records from Fremont reveal a series of residential transactions occurring throughout early May. While the average sale price in the area reached $1.7 million, several properties sold for significantly less, offering different entry points into the competitive Bay Area market.

The $327 per square foot outlier on Niles Boulevard

The most striking value proposition in the recent data is a 1,316-square-foot single-family residence located on Niles Boulevard. Built in 1947,this two-bedroom, one-bathroom home sold for a remarkably low $327 per square foot following its May 1 closing. According to the Bay Area Home Report Bot, this transaction stands in stark contrast to the mean price per square foot of $970 recorded for the period.

This pricing suggests that older, smaller properties in Fremont continue to serve as a critical tier for buyers who are priced out of the $1.7 million average. For those prioritizing location and land over modern finishes, these mid-century homes represent the most accessible segment of the local market.

The price gap between Country Drive and Paul Terrace

The data highlights a significant pricing ladder based on both age and total square footage. For instance, a 950-square-foot condominium on Country Drive, constructed in 1970, sold for $480,000 on May 6, equating to $505 per square foot. In contrast, a much larger 2,045-square-foot condominium on Paul Terrace, built in 1994, commanded $1.17 million on May 1.

As reported by the Bay Area Home Report Bot, this spread illustrates how the combination of construction era and living space heavily dictates the valuation in Fremont. The Paul Terrace unit, despite being a condominium, commands a much higher total price due to its significantly larger footprint and more recent build date.

Premium valuations for 2007 builds on Providence Terrace

Newer construction clearly commands a higher price ceiling and higher per-foot costs. A townhouse on Providence Terrace, built in 2007, sold for $1,034,500 on May 5. This 1,437-square-foot property featured three bedrooms and four bathrooms, reaching a valuation of $720 per square foot.

This premium is evident when compared to older townhomes in the area. For example, a townhouse on Oxford Common built in 1973 sold for $670,000 on May 4, resulting in a much lower $574 per square foot valuation. The data suggests that the addition of extra bathrooms and modern construction dates significantly boosts the price per square foot for Fremont residents.

What the May transaction data leaves to the imagination

While the numbers provide a clear snapshot of Fremont's residential activity, several specific details remain unverified. The report does not specify whether these buyers were first-time homeowners or institutional investors looking to expand rental portfolios. Additionally , it remains unclear if the lower prices on older properties, such as the Niles Boulevard home, were driven by the need for extensive renovations or simply the age of the structure.