Is Eagle Rock, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Eagle Rock has remained a Seller's Market.
Housing Prices in Eagle Rock, CA
How much do homes in Eagle Rock, CA cost?
Median Sold Price
$1,260,000
$860/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eagle Rock was $1,260,000 in March 2024, down 6.7% from last year, and the median price per square foot was $860.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $860K | $605K | -29.7% |
2 Bedrooms | $1.1M | $1.1M | +7.7% |
3 Bedrooms | $1.3M | $1.2M | -8.0% |
4 Bedrooms | $1.7M | $1.8M | +8.8% |
5+ Bedrooms | $1.8M | $1.6M | -10.5% |
Summary: Eagle Rock housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Neighborhoods
Highland Park | $1.1M | $1.1M | +3.1% |
Northeast LA | $1.1M | $1.1M | 0.1% |
Glassell Park | $1.1M | $1.1M | -1.4% |
Eagle Rock | $1.3M | $1.2M | -6.7% |
Somerset | $795K | $725K | -8.8% |
Housing Supply in Eagle Rock, CA
How many homes are available in Eagle Rock, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Summary: The Eagle Rock real estate market had 32 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 19 | 14 | -26.3% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Eagle Rock housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Eagle Rock in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Eagle Rock, CA
How long does it take to sell a home in Eagle Rock, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 13 Days | -80.9% |
Summary: Homes in Eagle Rock had an average of 13 days on market in Mar 2024, down by 80.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Eagle Rock; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.