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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livermore is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Livermore, CA

How much do homes in Livermore, CA cost?

Median Sold Price

$1,167,371

$706/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$91,806(+8.5%)

Key Takeaway

Homes in Livermore have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Livermore was $1,167,371 in October 2024, up 8.5% from last year, and the median price per square foot was $706.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $397K$355K
-10.6%
2 $735K$748.7K
+1.9%
3 $1.0M$1.0M
+5.4%
4 $1.2M$1.4M
+11.0%
5+ $1.6M$1.8M
+12.7%

Summary: Livermore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Pleasanton
+9.1%
Livermore-Pleasanton
+8.6%
Livermore
+8.5%

Housing Supply in Livermore, CA

How many homes are available in Livermore, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
203207+2.0%

Summary: The Livermore real estate market had 207 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 74
-42.9%
2 2925
-13.8%
3 9492
-2.1%
4 5567
+21.8%
5+ 1819
+5.6%

Summary: The Livermore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6879+16.2%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livermore, you could pay more than the asking price. 56% of homes here sold above asking price last month.

Summary: A total of 79 homes were sold or pending in Livermore in October 2024, up by 16.2% month-over-month. Of the 75 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.

Days on Market for Livermore, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days17 Days+53.2%

Summary: Homes in Livermore had an average of 17 days on market in Oct 2024, up by 53.2% compared to last year.

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 79 homes were sold in Livermore; 85% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 1% 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 18 Days Ago

Newest Listings in Livermore, CA

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