$7,066 Closing Credit*
$595,000
1,654 SqFt
3 Beds
•2 Full Baths
MICHAEL PLUIM, Listing Office: Raymond Woodruff, Broker
Is Eastside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Eastside has remained a Seller's Market.
Key Takeaway
Eastside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastside, CA
How much do homes in Eastside, CA cost?
Median Sold Price
$548,000
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,000(+14.2%)
Key Takeaway
Homes in Eastside have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Eastside was $548,000 in November 2024, up 14.2% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $387K | - | N/A |
| 2 Bedrooms | $435K | $441.5K | +1.5% |
| 3 Bedrooms | $477.5K | $541K | +13.3% |
| 4 Bedrooms | $560K | $605K | +8.0% |
| 5+ Bedrooms | $480K | $602.5K | +25.5% |
Summary: Eastside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 25.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastside | $480K | $548K | +14.2% |
| University - Riverside | $551K | $580K | +5.3% |
| Magnolia Center | $560K | $585K | +4.5% |
| Victoria | $623K | $635K | +1.9% |
| Downtown Riverside | $575K | $579K | +0.7% |
Housing Supply in Eastside, CA
How many homes are available in Eastside, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Eastside real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Eastside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Eastside in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Eastside, CA
How long does it take to sell a home in Eastside, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | +2.2% |
Summary: Homes in Eastside had an average of 16 days on market in Nov 2024, up by 2.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastside are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Eastside; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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.