Only reason other places have been down relative to some other places is commute. Remote/Hybrid will equalize those advantages of these traditional areas vs others.
Some areas of Fremont are excellent(Homework to find out where they are). Probably as good or in some cases better as some other places.
I actually “discovered” many good neighborhoods and places when I was delivering for Amazon… 
Lived in the East Bay all my life but never knew all these places existed!
Yeah American High now joining the party following on the heels of Mission SJ Fremont. 
2000sq ft house with 4000 sq ft lot. American High.
https://www.redfin.com/CA/Fremont/5517-Golubin-Cmn-94555/home/1440120
Oh wow, even those were selling 2.1M - Seems like market had a big jump this fall alone.
20 Homes Pending in American High, but 0 Active Listings. I think people are getting into FOMO mode with worrying about what the price will be in Spring.
Just a bit over 2 yrs and value is doubled in Union City (700 → 1.4M) Nice pocket of Union City has jumped crazy
https://www.redfin.com/CA/Union-City/4626-Carmen-Way-94587/home/1043384
Fixer Upper in Fremont getting over 35 offers and 400K asking price according to the realtor:
https://www.redfin.com/CA/Fremont/33246-Falcon-Dr-94555/home/1135648
Fremont, the Bay Area’s fourth largest city, differed from its other big city counterparts, rising 2% in 2020, and going up 8% in 2021.
$1037/sqft for a 2200 sq ft house on a 3300 sqft lot, American High.
https://www.redfin.com/CA/Fremont/5526-Clove-Hitch-Lp-94555/home/95474319
Sold price is too high, given that the house has very small lot size and it is in a community with HOA.
This is the peak of current cycle, due to low inventory and low interest rates. Prices for housing such as this one should drop down below $2M, and perhaps into the 1.5M range by the end of this year if:
Is it a bad deal for the homebuyer? That, only time will tell. Perhaps in 10-12 years, such houses will be selling for $3.5-4M in which case a long term homeowner would come out ahead. But I think whoever bought this at $2.25M better be prepared to hold it for at least 10 years.
2.2M for what is essentially a townhome? Hope there isn’t buyer remorse later.
32% drop in 1 year? What are you predicting Armageddon?
@4.7% higher than a similar home sold in Nov 2021.
I think 10-20% drop is more likely because prices overshot by that much last year. Agree that 30+ % drop is excessive and unlikely to happen
20% increase over $100K = $120K
20% decrease over $120K = $96K 
I think we tour this house back in 2013. Looks like they are increasing the price to help with appraisal?
Great return since 2013 - almost 10X return on your downpayment (assuming 20%).
https://www.redfin.com/CA/Fremont/4241-Nerissa-Cir-94555/home/1109553
wow. Does look like the house went pending the same day it increased it’s asking price.
In spite of being located on a busy main street- Paseo Padre.
https://www.redfin.com/CA/Fremont/34267-Siward-Dr-94555/home/1146896
.
According to Redfin, 10% gain since Jan 2020, very low gain.
According to Zillow 82% gain since Jan 2020.