Is East Grove, 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, East Grove has remained a Seller's Market.
Housing Prices in East Grove, CA
How much do homes in East Grove, CA cost?
Median Sold Price
$782,500
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Grove was $782,500 in March 2024, up 7.2% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $500K | - | N/A |
2 Bedrooms | $548.7K | $578.5K | +5.4% |
3 Bedrooms | $687.5K | $760K | +10.5% |
4 Bedrooms | $875K | $945K | +8.0% |
5+ Bedrooms | $1.0M | $1.1M | +1.6% |
Summary: East Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
Daley Ranch | $757.5K | $1.1M | +51.8% |
East Grove | $730K | $782.5K | +7.2% |
Cloverdale | $946.5K | $925K | -2.3% |
Housing Supply in East Grove, CA
How many homes are available in East Grove, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Summary: The East Grove real estate market had 23 homes for sale in March 2024, a 35.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 8 | +166.7% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Grove 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 remained the same, 3 bedroom homes increased by 166.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
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 East Grove in March 2024, up by 80.0% 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 East Grove, CA
How long does it take to sell a home in East Grove, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 18 Days | -44.5% |
Summary: Homes in East Grove had an average of 18 days on market in Mar 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in East Grove; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.