Sunday, January 19, 2020

Homes for sale in El Cerrito, CA Real Estate Buy Houses

School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. 76% of El Cerrito homebuyers searched to stay within the El Cerrito metropolitan area.

average home price in el cerrito ca

The average rent in El Cerrito (located in Oakland-Hayward-Berkeley Metro Div.) metro area for a 2-bed home is $2,716, which is 132% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay.

The property you are applying to at 6500 Donal Ave uses the Apartments.com application portal.

Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted.

average home price in el cerrito ca

Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.

REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS

Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data.

It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. The prices of goods and services vary in different cities, and hence having a cost of living index or calculator can make the decision to move easier by allowing you to directly compare one city with another. Homes in El Cerrito Hills receive 10 offers on average and sell in around 17 days.

Check out some of our other resources for El Cerrito homeowners

The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units. NeighborhoodScout's data show that during the latest twelve months, El Cerrito's appreciation rate, at 14.27%, has been at or slightly above the national average. In the latest quarter, El Cerrito's appreciation rate has been 2.74%, which annualizes to a rate of 11.41%.

average home price in el cerrito ca

Can sell for about 27% above list price and go pending in around 13 days. The most prevalent building size and type in El Cerrito are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.47% owning and 42.53% renting. By searching, you agree to theTerms of Use, and Privacy Policy. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.

Is El Cerrito expensive to live in?

The Affordability rating shows you how this community's most affordable floorplan pricing relates to the local average. In the highest-priced counties of San Francisco and San Mateo, the median price fell 13.3 percent to $1,127,500 and 3.4 percent to $1,036,500, respectively. In Alameda County, the median price rose to $700,000 from $685,500, while the median price in Contra Costa County rose $20,000 to $540,000.

On average, homes in El Cerrito sell after 17 days on the market compared to 15 days last year. There were 22 homes sold in October this year, down from 26 last year. Percentages are based on the number of housing units for each type over the total number of units across all types. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. The cost of living index for housing estimates the cost of housing in El Cerrito to be 226.8% of the national average.

New Listings in El Cerrito Hills

The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Can sell for about 3% above list price and go pending in around 12 days.

average home price in el cerrito ca

The average sale price of a home in El Cerrito Hills was $1.56M last month, up 11.4% since last year. The average sale price per square foot in El Cerrito Hills is $526, down 22.3% since last year. Homes in El Cerrito receive 7 offers on average and sell in around 16 days. The average sale price of a home in El Cerrito was $1.24M last month, up 7.5% since last year. The average sale price per square foot in El Cerrito is $738, up 3.8% since last year.

Rent a home in El Cerrito, CA

Are you planning a move to El Cerrito, CA and wondering if it is an expensive place to live in? Currently, there are 110 homes listed in El Cerrito which include 20 condos, 0 foreclosures. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. When you are ready to explore homes, read what Coldwell Banker agents have to say about El Cerrito and discover homes for sale in El Cerrito. In October 2022, El Cerrito home prices were down 9.96% compared to last year, selling for a median price of $1.2M.

The average homes sell for about 9% above list price and go pending in around 15 days. The average homes sell for about 18% above list price and go pending in around 17 days. The average homes sell for about 12% above list price and go pending in around 16 days.

Agent Insight

Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level.

average home price in el cerrito ca

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