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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noleta is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Noleta, CA

How much do homes in Noleta, CA cost?

Median Sold Price

$1,500,000

$896/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$150,000(+11.1%)

Key Takeaway

Homes in Noleta have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Noleta was $1,500,000 in November 2024, up 11.1% from last year, and the median price per square foot was $896.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $705K-
N/A
2 $870K$1.0M
+14.9%
3 $1.3M$1.5M
+12.4%
4 $1.6M$1.5M
-3.4%
5+ $2.1M$2.3M
+12.0%

Summary: Noleta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 12%.

Housing Supply in Noleta, CA

How many homes are available in Noleta, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3129-6.5%

Summary: The Noleta real estate market had 29 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 53
-40.0%
3 1111
0.0%
4 119
-18.2%
5+ 45
+25.0%

Summary: The Noleta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noleta, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Noleta in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Noleta, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days19 Days-21.4%

Summary: Homes in Noleta had an average of 19 days on market in Nov 2024, down by 21.4% compared to last year.

Breakdown of Home Sale Times

5 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

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

Summary: During November 2024, 6 homes were sold in Noleta; 83% of homes were sold within 30 days, 17% 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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