Is Emeryville, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emeryville is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Emeryville was a Seller's Market.

Key Takeaway

Emeryville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Emeryville, CA

How much do homes in Emeryville, CA cost?

Median Sold Price

$695,000

$597/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$4,950(-0.7%)

Key Takeaway

Homes in Emeryville have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Emeryville was $695,000 in September 2024, down 0.7% from last year, and the median price per square foot was $597.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $470K$490K
+4.3%
2 $740K$703K
-5.0%
3 $990K$930.5K
-6.0%
4 $995K$1.0M
+3.8%
5+ $760K$980K
+28.9%

Summary: Emeryville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 28.9%.

Median Sold Price Compared To Nearby Cities

Oakland
+2.1%
Emeryville
-0.7%
Berkeley
-0.9%

Housing Supply in Emeryville, CA

How many homes are available in Emeryville, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
85100+17.6%

Summary: The Emeryville real estate market had 100 homes for sale in September 2024, a 17.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 2433
+37.5%
2 3038
+26.7%
3 1413
-7.1%
4 76
-14.3%
5+ 1010
0.0%

Summary: The Emeryville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2212-45.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emeryville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Emeryville in September 2024, down by 45.5% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Emeryville, CA

How long does it take to sell a home in Emeryville, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
24 Days38 Days+55.1%

Summary: Homes in Emeryville had an average of 38 days on market in Sep 2024, up by 55.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Emeryville are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Emeryville; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Emeryville, CA

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