Is East Vallejo, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Vallejo was a Seller's Market.
Key Takeaway
East Vallejo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Vallejo, CA
How much do homes in East Vallejo, CA cost?
Median Sold Price
$587,500
$362/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Vallejo have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in East Vallejo was $587,500 in April 2024, down 1.3% from last year, and the median price per square foot was $362.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287K | $312.5K | +8.9% |
| 2 Bedrooms | $455K | $467.4K | +2.7% |
| 3 Bedrooms | $550K | $550K | 0.0% |
| 4 Bedrooms | $680K | $700K | +2.9% |
| 5+ Bedrooms | $750K | $764.5K | +1.9% |
Summary: East Vallejo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Neighborhoods
| South Vallejo | $500K | $500K | 0.0% |
| West Vallejo | $483.6K | $480K | -0.8% |
| East Vallejo | $595.4K | $587.5K | -1.3% |
Housing Supply in East Vallejo, CA
How many homes are available in East Vallejo, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 107 | +15.1% |
Summary: The East Vallejo real estate market had 107 homes for sale in April 2024, a 15.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 38 | 41 | +7.9% |
| 4 Bedrooms | 26 | 36 | +38.5% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The East Vallejo housing inventory by bedroom type for April 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 7.9%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 18 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Vallejo, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in East Vallejo in April 2024, down by 25.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for East Vallejo, CA
How long does it take to sell a home in East Vallejo, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 28 Days | -8.1% |
Summary: Homes in East Vallejo had an average of 28 days on market in Apr 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Vallejo are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in East Vallejo; 22% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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