Emeryville Real Estate Market Report: December 2017
A year-to-year comparison of the Emeryville Real Estate market shows that overall sales stayed fairly steady. There was a slight uptick in sales and an increase of the median sales price. Average days on market were a bit lower in 2017.
In 2016, a total of 176 listings closed with a median sales price of $495,000 and an average 21 days on market.
In 2017, a total of 181 listings closed with a median sales price of $525,000 and an average of 20 days on market.
It is still a seller’s market with low inventory. If you decide to sell in 2018, you can expect multiple offers.
December 2017 by The Numbers:
Types of Homes Sold:
The number of homes sold for December increased from 8 to 12.
Studios & 1 Bedroom Homes:
The number of 1 bedroom and studios sold increased from 6 to 9.
2 Bedroom Homes:
The number of 2 bedroom homes sold increased from 2 to 3.
3 Bedroom + Homes:
There were no single family homes sold in December for the third straight month.
Median Sales Price vs. Median List Price:
Both Median Sales price and Median List price increased in December with the sales price increasing from $506K to $567K and the list price increasing from $596K to 567K.
Average Days on Market:
The Average Days on the Market for Emeryville homes decreased from 33 to 31.5.
Sales By Location:
For purposes of identifying sales by location, we have divided Emeryville into four geographic areas.
North Emeryville: 3 Homes Sold.
South Emeryville: 2 Homes Sold.
East Emeryville: 4 Homes Sold
West Emeryville: 3 homes Sold