$10,000 Closing Credit*
$1,268,800
5,370 SqFt
5 Beds
•4 Full Baths, 1 Partial
Chris Taylor, Listing Office: Keller Williams Realty
Is El Sobrante, 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, El Sobrante was a Seller's Market.
Key Takeaway
El Sobrante is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in El Sobrante, CA
How much do homes in El Sobrante, CA cost?
Median Sold Price
$900,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$80,500(+9.8%)
Key Takeaway
Homes in El Sobrante have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in El Sobrante was $900,000 in November 2024, up 9.8% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $665K | $697.5K | +4.9% |
| 4 Bedrooms | $810K | $895K | +10.5% |
| 5+ Bedrooms | $870K | $1.0M | +17.8% |
Summary: El Sobrante 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 did not change, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Neighborhoods
| El Sobrante | $819.5K | $900K | +9.8% |
| La Sierra South | $630K | $677.5K | +7.5% |
| Woodcrest | $800K | $860K | +7.5% |
Housing Supply in El Sobrante, CA
How many homes are available in El Sobrante, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The El Sobrante real estate market had 38 homes for sale in November 2024, a 15.2% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The El Sobrante 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 increased by 25%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Sobrante, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in El Sobrante in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for El Sobrante, CA
How long does it take to sell a home in El Sobrante, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 63 Days | +153.5% |
Summary: Homes in El Sobrante had an average of 63 days on market in Nov 2024, up by 153.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in El Sobrante has remained consistent over time.
Summary: During November 2024, 3 homes were sold in El Sobrante; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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.