Is Upper Rockridge, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Rockridge is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Upper Rockridge has remained a Seller's Market.

Key Takeaway

Upper Rockridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Rockridge, CA

How much do homes in Upper Rockridge, CA cost?

Median Sold Price

$1,850,500

$770/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$115,500(+6.7%)

Key Takeaway

Homes in Upper Rockridge have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Upper Rockridge was $1,850,500 in October 2024, up 6.7% from last year, and the median price per square foot was $770.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.3M$715K
-45.0%
2 $1.1M$1.2M
+2.4%
3 $1.6M$1.8M
+13.8%
4 $2.0M$1.8M
-9.9%
5+ $3.3M$2.9M
-12.2%

Summary: Upper Rockridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Neighborhoods

Upper Rockridge
+6.7%
Glen Highlands
+3.7%
Rockridge
-23.2%

Housing Supply in Upper Rockridge, CA

How many homes are available in Upper Rockridge, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2624-7.7%

Summary: The Upper Rockridge real estate market had 24 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 44
0.0%
3 1111
0.0%
4 76
-14.3%
5+ 22
0.0%

Summary: The Upper Rockridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Rockridge, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Upper Rockridge in October 2024, up by 33.3% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Upper Rockridge, CA

How long does it take to sell a home in Upper Rockridge, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days29 Days-21.8%

Summary: Homes in Upper Rockridge had an average of 29 days on market in Oct 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

4 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 Upper Rockridge are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Upper Rockridge; 50% of homes were sold within 30 days, 50% 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 Upper Rockridge, CA

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