Scott Ward's Market Update

Emeryville, CA

Single-Family Homes

Scott Ward Real Estate | www.scottward.me | scott@scottward.me



Emeryville, CA

Thu Jan 17 2019
This week the median list price for Emeryville, CA is $899,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 5. Click here to stay informed with the Emeryville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Emeryville, CA

Thu Jan 17 2019
This week the median list price for Emeryville, CA is $899,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 5. Click here to stay informed with the Emeryville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Emeryville market.
Median List Price $899,000
Per Square Foot $588
Days on Market 58
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 5
Median House Rent $3,000
Most Expensive $1,191,000
Least Expensive $499,000
Market Action Index
Slight Seller's Advantage
39

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,191,000 2,809 4,500 - 6,500 sqft 6 4 100 0 0 84
$1,150,000 1,227 4,500 - 6,500 sqft 3 4 NaN 1 1 196
$899,000 1,412 0 - 4,500 sqft 3 2 111 1 1 0
$514,500 1,032 0 - 4,500 sqft 3 2 64 0 1 7