$2,601 Closing Credit*
$219,000
977 SqFt
3 Beds
•1 Full Bath
Harry Bawaan, Listing Office: The Realty Group
Is The Northeast, 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 Northeast has remained a Seller's Market.
Key Takeaway
The Northeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Northeast, CA
How much do homes in The Northeast, CA cost?
Median Sold Price
$302,500
$218/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$18,000(-5.6%)
Key Takeaway
Homes in The Northeast have sold for 5.6% less than they did a month ago.
Summary: The median home sold price in The Northeast was $302,500 in November 2024, down 5.6% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199.5K | - | N/A |
| 3 Bedrooms | $320.5K | $292.5K | -8.7% |
| 4 Bedrooms | $470K | $307.5K | -34.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: The Northeast housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 34.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| The Northeast | $320.5K | $302.5K | -5.6% |
| La Cresta / Alta Vista | $325K | $297.5K | -8.5% |
Housing Supply in The Northeast, CA
How many homes are available in The Northeast, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 42 | +2.4% |
Summary: The The Northeast real estate market had 42 homes for sale in November 2024, a 2.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The The Northeast 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 decreased by 60%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Northeast, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in The Northeast in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for The Northeast, CA
How long does it take to sell a home in The Northeast, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 39 Days | -15.8% |
Summary: Homes in The Northeast had an average of 39 days on market in Nov 2024, down by 15.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Northeast has remained consistent over time.
Summary: During November 2024, 10 homes were sold in The Northeast; 30% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 10% 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.