Is Emeryville, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emeryville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Emeryville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Emeryville, CA

How much do homes in Emeryville, CA cost?

Median Sold Price

$699,500

$588/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$475(-0.1%)

Key Takeaway

The sold price of homes in Emeryville has remained the same since last year.

Summary: The median home sold price in Emeryville was $699,500 in November 2024, down 0.1% from last year, and the median price per square foot was $588.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $470K$485K
+3.2%
2 $750K$699K
-6.8%
3 $1.0M$905K
-10.4%
4 $1.0M$1.0M
0.5%
5+ $760K$980K
+28.9%

Summary: Emeryville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 28.9%.

Median Sold Price Compared To Nearby Cities

Berkeley
0.5%
Oakland
0%
Emeryville
-0.1%

Housing Supply in Emeryville, CA

How many homes are available in Emeryville, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9796-1.0%

Summary: The Emeryville real estate market had 96 homes for sale in November 2024, a 1.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3128
-9.7%
2 3636
0.0%
3 1316
+23.1%
4 98
-11.1%
5+ 88
0.0%

Summary: The Emeryville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emeryville, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Emeryville in November 2024, up by 6.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.

Days on Market for Emeryville, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days65 Days+52.5%

Summary: Homes in Emeryville had an average of 65 days on market in Nov 2024, up by 52.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Emeryville has remained consistent over time.

Summary: During November 2024, 17 homes were sold in Emeryville; 35% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 24% 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 2 Days Ago

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