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 December 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 December 2023

-$500(-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 December 2024, down 0.1% from last year, and the median price per square foot was $588.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $479.4K$475K
-0.9%
2 $752.5K$699K
-7.1%
3 $1.0M$910.5K
-9.9%
4 $1.0M$1.0M
+2.1%
5+ $760K$1.1M
+54.6%

Summary: Emeryville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 54.6%.

Median Sold Price Compared To Nearby Cities

Berkeley
+2.4%
Emeryville
-0.1%
Oakland
-1.6%

Housing Supply in Emeryville, CA

How many homes are available in Emeryville, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8472-14.3%

Summary: The Emeryville real estate market had 72 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2622
-15.4%
2 3026
-13.3%
3 1413
-7.1%
4 99
0.0%
5+ 52
-60.0%

Summary: The Emeryville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1618+12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Emeryville, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Emeryville in December 2024, up by 12.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% 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

Dec 2023Dec 2024CHANGE
43 Days43 Days-0.5%

Summary: Homes in Emeryville had an average of 43 days on market in Dec 2024, down by 0.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 18 homes were sold in Emeryville; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in Emeryville, CA

Nearby Markets to Emeryville, CA

What housing markets are near Emeryville, CA?