Is Emerson Ranch, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emerson Ranch is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Emerson Ranch was a Buyer's Market.

Key Takeaway

Emerson Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Emerson Ranch, CA

How much do homes in Emerson Ranch, CA cost?

Median Sold Price

$744,500

$245/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$29,500(+4.1%)

Key Takeaway

Homes in Emerson Ranch have sold for 4.1% more than they did a month ago.

Summary: The median home sold price in Emerson Ranch was $744,500 in October 2024, up 4.1% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $715K$744.5K
+4.1%
5+ -$734.9K
N/A

Summary: Emerson Ranch housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.

Housing Supply in Emerson Ranch, CA

How many homes are available in Emerson Ranch, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
813+62.5%

Summary: The Emerson Ranch real estate market had 13 homes for sale in October 2024, a 62.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 47
+75.0%
5+ 34
+33.3%

Summary: The Emerson Ranch 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emerson Ranch, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Emerson Ranch in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Emerson Ranch, CA

How long does it take to sell a home in Emerson Ranch, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days13 Days-65.1%

Summary: Homes in Emerson Ranch had an average of 13 days on market in Oct 2024, down by 65.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Emerson Ranch are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Emerson Ranch; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Emerson Ranch, CA

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