Is Emeryville, 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, 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
$680,000
$599/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Emeryville have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Emeryville was $680,000 in April 2024, up 4.6% from last year, and the median price per square foot was $599.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $465K | $490K | +5.4% |
| 2 Bedrooms | $740K | $740K | 0.0% |
| 3 Bedrooms | $966K | $925K | -4.2% |
| 4 Bedrooms | $1.0M | $1.0M | -0.6% |
| 5+ Bedrooms | $739.9K | $760K | +2.7% |
Summary: Emeryville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in Emeryville, CA
How many homes are available in Emeryville, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 87 | +14.5% |
Summary: The Emeryville real estate market had 87 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 27 | +50.0% |
| 2 Bedrooms | 33 | 30 | -9.1% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Emeryville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Emeryville, you could pay more than the asking price. 65% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Emeryville in April 2024, up by 11.1% month-over-month. Of the 20 sold homes, 25% were sold under asking, 10% were sold at asking, and 65% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 27 Days | -32.2% |
Summary: Homes in Emeryville had an average of 27 days on market in Apr 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Emeryville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Emeryville; 75% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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