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Emeryville Real Estate Market Report: October 2017

1 min read

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→.

Nicole Gruen

Nicole Gruen is a top real estate agent at Coldwell Banker who specializes in the East Bay—especially in Emeryville where she lives. After working for 15+ years in Silicon Valley for companies like IBM, NVDIA, and Nestle, she transitioned to pursue real estate, which was a true passion for her. With her extensive knowledge of the East Bay markets, Nicole is a unique agent who combines her data-driven approach and people-first philosophy to help you buy, sell, and market homes with ease.

For more information, visit her website: www.eastbayreal.com

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