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 September 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

$1,450,000

$896/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$100,000(+7.4%)

Key Takeaway

Homes in Noleta have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Noleta was $1,450,000 in September 2024, up 7.4% from last year, and the median price per square foot was $896.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $850K$677.5K
-20.3%
2 $880K$1.0M
+14.8%
3 $1.3M$1.4M
+6.7%
4 $1.4M$1.5M
+5.6%
5+ $1.9M$2.3M
+22.5%

Summary: Noleta housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 22.5%.

Housing Supply in Noleta, CA

How many homes are available in Noleta, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2432+33.3%

Summary: The Noleta real estate market had 32 homes for sale in September 2024, a 33.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 1215
+25.0%
4 67
+16.7%
5+ 67
+16.7%

Summary: The Noleta housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Noleta in September 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
23 Days11 Days-50.8%

Summary: Homes in Noleta had an average of 11 days on market in Sep 2024, down by 50.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were 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 September 2024, 7 homes were sold in Noleta; 100% of homes were sold within 30 days, 0% 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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