Intero's Market Report

El Sobrante, CA

Single-Family Homes



El Sobrante, CA

Thu Sep 21 2023
This week the median list price for El Sobrante, CA is $918,500 with the market action index hovering around 52. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the El Sobrante market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

El Sobrante, CA

Thu Sep 21 2023
This week the median list price for El Sobrante, CA is $918,500 with the market action index hovering around 52. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the El Sobrante market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the El Sobrante market.
Median List Price $918,500
Median Price of New Listings $938,000
Per Square Foot $498
Average Days on Market 35
Median Days on Market 28
Price Decreased 42%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 52
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,600,000 1,562 0.25 - 0.5 acre 3 2.5 48 0 0 49
$1,075,000 2,834 0.25 - 0.5 acre 4 3 34 2 0 14
$799,500 1,660 6,500 - 8,000 sqft 4 3 64 0 0 35
$699,000 1,200 6,500 - 8,000 sqft 3 2 68 1 0 14