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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.
El Cerrito real estate appreciated 125.52% over the last ten years, which is an average annual home appreciation rate of 8.47%, putting El Cerrito in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, El Cerrito definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Single-family detached homes are the single most common housing type in El Cerrito, accounting for 66.35% of the city's housing units. A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city.
More Real Estate Resources for El Cerrito
Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in El Cerrito. The proportion of homes and apartments in the city built within a certain time period. Relative to California, our data show that El Cerrito's latest annual appreciation rate is lower than 60% of the other cities and towns in California. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.
Chicago homebuyers searched to move into El Cerrito more than any other metro followed by Kalamazoo and Pullman. In Sep '22 - Nov '22, 24% of El Cerrito homebuyers searched to move out of El Cerrito, while 76% looked to stay within the metropolitan area. Many homes get multiple offers, some with waived contingencies.
Nearby Neighborhoods
The median home price in El Cerrito is $1,100,000 with a median price per sqft of $736. Create an account to save and share your favorite homes and searches. The current median home price in El Cerrito is $0, up 0.0% from December 2021. Click on the risks below to learn which exist in El Cerrito Hills today and how they’ll change by 2050. Click on the risks below to learn which exist in El Cerrito today and how they’ll change by 2050. Across the nation, 3% of homebuyers searched to move into El Cerrito from outside metros.
Not only is it my current city of residence, it offers great residential neighborhoods, a great community, and not too far from bigger cities like Oakland and San Francisco. I would say El Cerrito is a great all-around town, and an exceptional area to purchase a home. The average homes sell for about 15% above list price and go pending in around 16 days.
Halloween Trick-Or-Treats, Haunts & Pumpkin Patches 2022: El Cerrito
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 and to 10 and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process. In Solano County, where the region's lowest-priced homes can be found, the median price rose to $370,250 from $350,000. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. The minimum salary you need to live in El Cerrito is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals.
NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America. The median household income in a city certainly helps gauge the cost of living. The median household income in El Cerrito is $108,298, which is 43% more than that of the state. The median income for an individual is $53,093, which is 44% more than that of the state. Get an estimate of income required to live comfortably in El Cerrito. Our cost of living calculator will give you an estimate of your expected expenditures on food, utilities, transportation, housing, healthcare, and more.
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.
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.
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%.
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