Is Eagle Rock, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Eagle Rock has remained a Seller's Market.
Housing Prices in Eagle Rock, CA
How much do homes in Eagle Rock, CA cost?
Median Sold Price
$1,270,000
$850/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Eagle Rock was $1,270,000 in May 2024, down 4.2% from last year, and the median price per square foot was $850.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $739.5K | $675K | -8.7% |
2 Bedrooms | $1.1M | $1.1M | -1.6% |
3 Bedrooms | $1.3M | $1.2M | -9.1% |
4 Bedrooms | $1.6M | $1.8M | +11.8% |
5+ Bedrooms | $1.7M | $1.7M | -2.8% |
Summary: Eagle Rock housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Neighborhoods
Glassell Park | $1.0M | $1.1M | +7.1% |
Highland Park | $1.1M | $1.1M | +4.1% |
Northeast LA | $1.1M | $1.1M | +0.9% |
Eagle Rock | $1.3M | $1.2M | -4.2% |
Housing Supply in Eagle Rock, CA
How many homes are available in Eagle Rock, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 48 | +14.3% |
Summary: The Eagle Rock real estate market had 48 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Eagle Rock housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Eagle Rock in May 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% were sold over asking.
Days on Market for Eagle Rock, CA
How long does it take to sell a home in Eagle Rock, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 9 Days | -61.6% |
Summary: Homes in Eagle Rock had an average of 9 days on market in May 2024, down by 61.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Eagle Rock; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.