Emeryville Real Estate Market Report: August 2017

Published On September 8, 2017 | By Nicole Gruen | In the Neighborhood, Real Estate

The Emeryville Real Estate Market in August seems steady compared to July. Even though the number of sold properties stayed at 15, prices edged slightly higher.

The outlier was a beautiful loft on Ocean Avenue, that went 8% over asking and was sold within 5 days. Noticeable is the difference when it comes to Days on Market. Emeryville shows a wide spread with the least Days on Market being 5 days and the longest being 45 days. Emeryville is still very desirable with its proximity to San Francisco and comparative low prices. The market is still a strong seller’s market and if you’ve been on the fence, it might be a great time to sell.


By The Numbers:


Types of Homes Sold:

The number of homes sold for August remained flat compared to last month at 15 homes sold.

Studios & 1 Bedroom Homes:
The number of 1 bedroom and studios sold decreased from 11 to 9.

2 Bedroom Homes:
The number of 2 bedroom homes sold increased from 4 to 5.

3 Bedroom + Homes:
Only a single 3 bedroom home was sold in Emeryville in August up from 0 in July.


Median Sales Price vs. Median List Price:

Median Sales price increased from $543K to $565K. Median List price also increased from $494K to $565K.


Average Days on Market:

The Average Days on the Market for Emeryville homes increased from 13.9 to 20.6.


Sales By Location:

For purposes of identifying sales by location, we have divided Emeryville into four geographic areas.

North Emeryville: 4 Homes Sold.
South Emeryville: 3 Homes Sold.
East Emeryville: 6 Homes Sold
West Emeryville: 2 homes Sold


Further insights or shopping for an agent?

Email East Bay Modern REALTOR® Nicole Gruen→.

About The Author

I love Emeryville! I moved here in 2012 (Hollis corridor). I was born and raised in Germany and moved to the US to work in High Tech. Early on I got burned in the stock market and started to invest in Real Estate. After a good run in the Silicon Valley, working for IBM, NVIDIA, etc. I transitioned to Real Estate and became a licensed Realtor. I love working with people to help them reach their goals: either market a home to yield the best price or help buyers find their best home. I not only work in Emeryville, but cover all of Alameda and Contra Costa County. For more info, check out my website: www.eastbayreal.com

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