$8,657 Closing Credit*
$729,000
1,219 SqFt
3 Beds
•3 Full Baths
William Archila, Listing Office: Epik Realty, Inc
Is Northbridge, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northbridge has remained a Seller's Market.
Key Takeaway
Northbridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northbridge, CA
How much do homes in Northbridge, CA cost?
Median Sold Price
$870,000
$495/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,500(+5.1%)
Key Takeaway
Homes in Northbridge have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Northbridge was $870,000 in November 2024, up 5.1% from last year, and the median price per square foot was $495.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $419.9K | $435.2K | +3.6% |
| 2 Bedrooms | $601.5K | $634.5K | +5.5% |
| 3 Bedrooms | $795.2K | $840K | +5.6% |
| 4 Bedrooms | $1.1M | $1.0M | -8.8% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.8% |
Summary: Northbridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Valencia North | $753K | $820K | +8.9% |
| Northbridge | $827.5K | $870K | +5.1% |
| Valencia | $765K | $800K | +4.6% |
| Northpark | $790K | $820K | +3.8% |
| Creekside | $739.5K | $747K | +1.0% |
Housing Supply in Northbridge, CA
How many homes are available in Northbridge, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 31 | -13.9% |
Summary: The Northbridge real estate market had 31 homes for sale in November 2024, a 13.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Northbridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northbridge, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Northbridge in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Northbridge, CA
How long does it take to sell a home in Northbridge, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 20 Days | -29.7% |
Summary: Homes in Northbridge had an average of 20 days on market in Nov 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northbridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Northbridge; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.