$10,000 Closing Credit*
$1,100,000
1,227 SqFt
2 Beds
•2 Full Baths
Jason McKenna, Listing Office: Coldwell Banker Realty
Is East Village, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Village was a Seller's Market.
Key Takeaway
East Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Village, CA
How much do homes in East Village, CA cost?
Median Sold Price
$657,500
$702/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,000(-0.9%)
Key Takeaway
Homes in East Village have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in East Village was $657,500 in November 2024, down 0.9% from last year, and the median price per square foot was $702.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $549.9K | $560K | +1.8% |
| 2 Bedrooms | $792.5K | $790K | -0.3% |
| 3 Bedrooms | $690K | $1.6M | +140.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: East Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 140.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Village, CA
How many homes are available in East Village, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 75 | +23.0% |
Summary: The East Village real estate market had 75 homes for sale in November 2024, a 23.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 32 | +6.7% |
| 2 Bedrooms | 27 | 39 | +44.4% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in East Village in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for East Village, CA
How long does it take to sell a home in East Village, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 39 Days | +43.4% |
Summary: Homes in East Village had an average of 39 days on market in Nov 2024, up by 43.4% compared to last year.
Breakdown of Home Sale Times
3 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 East Village are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in East Village; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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.