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 November 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

$1,370,000

$1,024/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$225,000(-14.1%)

Key Takeaway

Homes in North of Panhandle (NoPa) have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in North of Panhandle (NoPa) was $1,370,000 in November 2024, down 14.1% from last year, and the median price per square foot was $1,024.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $675K$700K
+3.7%
2 $1.3M$1.2M
-5.3%
3 $1.7M$1.6M
-9.0%
4 $2.0M$2.2M
+7.8%
5+ $2.3M$2.8M
+21.8%

Summary: North of Panhandle (NoPa) housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 21.8%.

Median Sold Price Compared To Nearby Neighborhoods

Haight-Ashbury
-5.7%
North of Panhandle (NoPa)
-14.1%

Housing Supply in North of Panhandle (NoPa), CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2724-11.1%

Summary: The North of Panhandle (NoPa) real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 74
-42.9%
3 89
+12.5%
4 22
0.0%
5+ 44
0.0%

Summary: The North of Panhandle (NoPa) housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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 10 homes were sold or pending in North of Panhandle (NoPa) in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
29 Days30 Days+5.5%

Summary: Homes in North of Panhandle (NoPa) had an average of 30 days on market in Nov 2024, up by 5.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 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 November 2024, 10 homes were sold in North of Panhandle (NoPa); 60% of homes were sold within 30 days, 40% 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 22 Days Ago

Newest Listings in North of Panhandle (NoPa), CA

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