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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livermore is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Livermore, CA

How much do homes in Livermore, CA cost?

Median Sold Price

$1,122,142

$672/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,142(+2.0%)

Key Takeaway

Homes in Livermore have sold for 2% more than they did a year ago.

Summary: The median home sold price in Livermore was $1,122,142 in March 2024, up 2% from last year, and the median price per square foot was $672.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $435K$412.3K
-5.2%
2 $750K$750K
0.0%
3 $1.0M$1.0M
+3.0%
4 $1.2M$1.3M
+2.7%
5+ $1.8M$1.6M
-8.0%

Summary: Livermore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Pleasanton
+4.3%
Livermore
+2.0%
Livermore-Pleasanton
+1.4%

Housing Supply in Livermore, CA

How many homes are available in Livermore, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
133166+24.8%

Summary: The Livermore real estate market had 166 homes for sale in March 2024, a 24.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 58
+60.0%
2 1711
-35.3%
3 5471
+31.5%
4 4057
+42.5%
5+ 1719
+11.8%

Summary: The Livermore housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 35.3%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5263+21.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

46 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livermore, you could pay more than the asking price. 74.2% of homes here sold above asking price last month.

Summary: A total of 63 homes were sold or pending in Livermore in March 2024, up by 21.2% month-over-month. Of the 62 sold homes, 23% were sold under asking, 3% were sold at asking, and 74% were sold over asking.

Days on Market for Livermore, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
15 Days22 Days+42.2%

Summary: Homes in Livermore had an average of 22 days on market in Mar 2024, up by 42.2% compared to last year.

Breakdown of Home Sale Times

55 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 63 homes were sold in Livermore; 87% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 5% 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 24 Days Ago

Newest Listings in Livermore, CA

Nearby Markets to Livermore, CA

What housing markets are near Livermore, CA?