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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emeryville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Emeryville has remained a Seller's Market.

Key Takeaway

Emeryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Emeryville, CA

How much do homes in Emeryville, CA cost?

Median Sold Price

$667,500

$598/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,500(+2.7%)

Key Takeaway

Homes in Emeryville have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Emeryville was $667,500 in March 2024, up 2.7% from last year, and the median price per square foot was $598.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $470K$490K
+4.3%
2 $740K$740K
0.0%
3 $945K$990K
+4.8%
4 $1.1M$1.0M
-9.7%
5+ $739.9K$760K
+2.7%

Summary: Emeryville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Cities

Emeryville
+2.7%
Oakland
-5.0%
Berkeley
-10.5%

Housing Supply in Emeryville, CA

How many homes are available in Emeryville, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7284+16.7%

Summary: The Emeryville real estate market had 84 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1818
0.0%
2 3140
+29.0%
3 1415
+7.1%
4 66
0.0%
5+ 35
+66.7%

Summary: The Emeryville 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 29%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
19190.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 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. 41.2% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Emeryville in March 2024, the same as the previous month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% 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

Mar 2023Mar 2024CHANGE
31 Days35 Days+14.5%

Summary: Homes in Emeryville had an average of 35 days on market in Mar 2024, up by 14.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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 March 2024, 19 homes were sold in Emeryville; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% 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 22 Days Ago

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