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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North, CA

How much do homes in North, CA cost?

Median Sold Price

$2,225,000

$1,214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$241,666(+12.2%)

Key Takeaway

Homes in North have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in North was $2,225,000 in October 2024, up 12.2% from last year, and the median price per square foot was $1,214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $885K$912.5K
+3.1%
2 $1.4M$1.5M
+12.5%
3 $2.4M$2.6M
+9.4%
4 $3.2M$4.3M
+34.4%
5+ $4.7M$4.9M
+4.3%

Summary: North housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Neighborhoods

Pacific Heights
+32.9%
North
+12.2%
Cow Hollow
+8.5%
The Marina
-1.1%

Housing Supply in North, CA

How many homes are available in North, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
171164-4.1%

Summary: The North real estate market had 164 homes for sale in October 2024, a 4.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2417
-29.2%
2 5447
-13.0%
3 3035
+16.7%
4 2726
-3.7%
5+ 3639
+8.3%

Summary: The North housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 29.2%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3529-17.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in North in October 2024, down by 17.1% month-over-month. Of the 29 sold homes, 45% were sold under asking, 17% were sold at asking, and 38% were sold over asking.

Days on Market for North, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days28 Days+14.1%

Summary: Homes in North had an average of 28 days on market in Oct 2024, up by 14.1% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 29 homes were sold in North; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

Newest Listings in North, CA

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