$10,000 Closing Credit*
$899,888
1,320 SqFt
3 Beds
•2 Full Baths
Ashkan Etemad-Sadati, Listing Office: Re/Max Luxe
Is The Eastside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, The Eastside has remained a Neutral Market.
Key Takeaway
The Eastside is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in The Eastside, CA
How much do homes in The Eastside, CA cost?
Median Sold Price
$705,500
$595/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$92,000(-11.5%)
Key Takeaway
Homes in The Eastside have sold for 11.5% less than they did a month ago.
Summary: The median home sold price in The Eastside was $705,500 in October 2024, down 11.5% from last month, and the median price per square foot was $595.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $490K | $471K | -3.9% |
| 2 Bedrooms | $665K | $696K | +4.7% |
| 3 Bedrooms | $850K | $675.4K | -20.5% |
| 4 Bedrooms | $810K | $795K | -1.9% |
| 5+ Bedrooms | $1.0M | $824K | -22.2% |
Summary: The Eastside housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Neighborhoods
| The Eastside | $797.5K | $705.5K | -11.5% |
| Boyle Heights | $755.5K | $662.5K | -12.3% |
Housing Supply in The Eastside, CA
How many homes are available in The Eastside, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 213 | 240 | +12.7% |
Summary: The The Eastside real estate market had 240 homes for sale in October 2024, a 12.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 51 | 61 | +19.6% |
| 3 Bedrooms | 73 | 82 | +12.3% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 52 | 60 | +15.4% |
Summary: The The Eastside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 40 | +25.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Eastside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in The Eastside in October 2024, up by 25.0% month-over-month. Of the 40 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for The Eastside, CA
How long does it take to sell a home in The Eastside, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 39 Days | +1.2% |
Summary: Homes in The Eastside had an average of 39 days on market in Oct 2024, up by 1.2% compared to last month.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Eastside are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in The Eastside; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% 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.