Emeryville Real Estate Market Report: December 2017

Published On January 31, 2018 | By Nicole Gruen | In the Neighborhood, Real Estate

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


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

2 Responses to Emeryville Real Estate Market Report: December 2017

  1. Karen says:

    Really useful info, thank you so much for posting this!

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