Is North of Panhandle (NoPa), CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North of Panhandle (NoPa) is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, North of Panhandle (NoPa) has remained a Seller's Market.

Key Takeaway

North of Panhandle (NoPa) is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North of Panhandle (NoPa), CA

How much do homes in North of Panhandle (NoPa), CA cost?

Median Sold Price

$1,387,500

$1,042/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$212,500(-13.3%)

Key Takeaway

Homes in North of Panhandle (NoPa) have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in North of Panhandle (NoPa) was $1,387,500 in October 2024, down 13.3% from last year, and the median price per square foot was $1,042.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $719K$683K
-5.0%
2 $1.3M$1.2M
-8.1%
3 $1.7M$1.6M
-5.2%
4 $2.0M$2.2M
+7.8%
5+ $2.3M$2.8M
+19.7%

Summary: North of Panhandle (NoPa) housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 19.7%.

Median Sold Price Compared To Nearby Neighborhoods

Haight-Ashbury
-7.0%
North of Panhandle (NoPa)
-13.3%
Lone Mountain
-14.7%

Housing Supply in North of Panhandle (NoPa), CA

How many homes are available in North of Panhandle (NoPa), CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2328+21.7%

Summary: The North of Panhandle (NoPa) real estate market had 28 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 78
+14.3%
3 79
+28.6%
4 12
+100.0%
5+ 33
0.0%

Summary: The North of Panhandle (NoPa) housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North of Panhandle (NoPa), you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in North of Panhandle (NoPa) in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North of Panhandle (NoPa), CA

How long does it take to sell a home in North of Panhandle (NoPa), CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days17 Days-37.3%

Summary: Homes in North of Panhandle (NoPa) had an average of 17 days on market in Oct 2024, down by 37.3% compared to last year.

Breakdown of Home Sale Times

6 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 North of Panhandle (NoPa) are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in North of Panhandle (NoPa); 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 21 Days Ago

Newest Listings in North of Panhandle (NoPa), CA

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