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

Born and raised in Germany, I moved to Emeryville (Hollis Corridor) in 2012 to escape the bad weather of San Francisco. Living on the greenbelt in one of Emeryville’s ‘painted ladies’, I take advantage of the walkability of the neighborhood and am known to stop dog owners to have lengthy petting sessions with their pooches. After a successful IT career and being burned by the stock market, I invested heavily in real estate. The transition to become a realtor seemed natural. I love helping buyers and sellers yield optimal results. Just as in IT, my goal is to stay in budget, scope and time and to leave my clients happy.

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