$8,657 Closing Credit*
$729,000
2,938 SqFt
4 Beds
•3 Full Baths
GREGORY WEISSMAN, Listing Office: Berkshire Hathaway Homeservices California Realty
Is East Highlands, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Highlands has remained a Seller's Market.
Key Takeaway
East Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Highlands, CA
How much do homes in East Highlands, CA cost?
Median Sold Price
$659,500
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,500(+7.2%)
Key Takeaway
Homes in East Highlands have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in East Highlands was $659,500 in October 2024, up 7.2% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $430K | $515K | +19.8% |
| 3 Bedrooms | $541K | $545K | +0.7% |
| 4 Bedrooms | $660K | $677.5K | +2.7% |
| 5+ Bedrooms | $759.9K | $764.9K | +0.7% |
Summary: East Highlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| East Highlands | $615K | $659.5K | +7.2% |
| Small Canyon | $518K | $527K | +1.7% |
Housing Supply in East Highlands, CA
How many homes are available in East Highlands, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 62 | +14.8% |
Summary: The East Highlands real estate market had 62 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 26 | 31 | +19.2% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The East Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Highlands, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in East Highlands in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for East Highlands, CA
How long does it take to sell a home in East Highlands, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 39 Days | +53.6% |
Summary: Homes in East Highlands had an average of 39 days on market in Oct 2024, up by 53.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Highlands has remained consistent over time.
Summary: During October 2024, 14 homes were sold in East Highlands; 29% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.