Emeryville Real Estate Market Report: October 2017

Published On November 27, 2017 | By Nicole Gruen | In the Neighborhood, Real Estate

20 homes were sold in Emeryville in October after a slow September where only 14 homes were sold. Homes sold over asking price by an average of 6.96%.

Historically, Real Estate transactions start to taper off in the fall due to the holidays and colder, wetter temperatures. In my professional experience, home-shopping in fall can be a great time for a prospective buyer as there is less competition and homes tend to stay on the market slightly longer. We also tend to see more price reductions.


By The Numbers:

 


Types of Homes Sold:

The number of homes sold for September increased compared to last month with 20 homes sold.

Studios & 1 Bedroom Homes:
The number of 1 bedroom and studios sold increased from 5 to 11.

2 Bedroom Homes:
The number of 2 bedroom homes sold increased from 8 to 9.

3 Bedroom + Homes:
There were no single family homes sold in October.


Median Sales Price vs. Median List Price:

Both Median Sales price and Median List price decreased in October with the sales price dipping from $599K to $571 and the list price dropping a substantial $112K.


Average Days on Market:

The Average Days on the Market for Emeryville homes decreased slightly from 25.2 to 23.7.


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: 4 Homes Sold.
East Emeryville: 2 Homes Sold
West Emeryville: 10 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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