Is North Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Park has remained a Seller's Market.
Housing Prices in North Park, CA
How much do homes in North Park, CA cost?
Median Sold Price
$786,500
$813/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Park was $786,500 in April 2024, down 5.6% from last year, and the median price per square foot was $813.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $466K | $465K | -0.2% |
2 Bedrooms | $739K | $723.5K | -2.1% |
3 Bedrooms | $1.2M | $1.2M | +1.9% |
4 Bedrooms | $1.4M | $1.5M | +6.0% |
5+ Bedrooms | $1.9M | $1.8M | -5.3% |
Summary: North Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in North Park, CA
How many homes are available in North Park, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 69 | -6.8% |
Summary: The North Park real estate market had 69 homes for sale in April 2024, a 6.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 12 | -20.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 25 | 17 | -32.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 24%, 3 bedroom homes decreased by 32%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in North Park in April 2024, down by 21.7% month-over-month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for North Park, CA
How long does it take to sell a home in North Park, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 14 Days | -11.8% |
Summary: Homes in North Park had an average of 14 days on market in Apr 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in North Park; 89% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.