Is Golden Gate, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Gate is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Golden Gate has remained a Buyer's Market.

Key Takeaway

Golden Gate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Golden Gate, CA

How much do homes in Golden Gate, CA cost?

Median Sold Price

$765,000

$918/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$295,000(-27.8%)

Key Takeaway

Homes in Golden Gate have sold for 27.8% less than they did a month ago.

Summary: The median home sold price in Golden Gate was $765,000 in November 2024, down 27.8% from last month, and the median price per square foot was $918.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$765K
N/A
3 $1.0M-
N/A
4 --
N/A
5+ --
N/A

Summary: Golden Gate housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Golden Gate
-27.8%
West Berkeley
-35.2%

Housing Supply in Golden Gate, CA

How many homes are available in Golden Gate, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The Golden Gate real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 21
-50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Golden Gate 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 increased by 20%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Gate, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Golden Gate in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Golden Gate, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days89 Days+535.7%

Summary: Homes in Golden Gate had an average of 89 days on market in Nov 2024, up by 535.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Golden Gate has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Golden Gate; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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