Is The Eastside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, The Eastside has remained a Seller's Market.
Housing Prices in The Eastside, CA
How much do homes in The Eastside, CA cost?
Median Sold Price
$734,800
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Eastside was $734,800 in May 2024, up 5% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499K | $527.5K | +5.7% |
2 Bedrooms | $600K | $625K | +4.2% |
3 Bedrooms | $725K | $752.5K | +3.8% |
4 Bedrooms | $750K | $770K | +2.7% |
5+ Bedrooms | $810K | $887.5K | +9.6% |
Summary: The Eastside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in The Eastside, CA
How many homes are available in The Eastside, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
179 | 213 | +19.0% |
Summary: The The Eastside real estate market had 213 homes for sale in May 2024, a 19.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 45 | 55 | +22.2% |
3 Bedrooms | 71 | 81 | +14.1% |
4 Bedrooms | 15 | 22 | +46.7% |
5+ Bedrooms | 44 | 49 | +11.4% |
Summary: The The Eastside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 41 | +20.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in The Eastside in May 2024, up by 20.6% month-over-month. Of the 41 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for The Eastside, CA
How long does it take to sell a home in The Eastside, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 39 Days | -4.0% |
Summary: Homes in The Eastside had an average of 39 days on market in May 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in The Eastside; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.