Is Alameda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Alameda has remained a Seller's Market.
Housing Prices in Alameda, CA
How much do homes in Alameda, CA cost?
Median Sold Price
$1,187,957
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Alameda was $1,187,957 in June 2024, up 3.3% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $480K | $421K | -12.3% |
2 Bedrooms | $935K | $920K | -1.6% |
3 Bedrooms | $1.2M | $1.3M | +4.0% |
4 Bedrooms | $1.6M | $1.5M | -6.3% |
5+ Bedrooms | $1.6M | $2.0M | +29.8% |
Summary: Alameda housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 29.8%.
Median Sold Price Compared To Nearby Cities
Alameda | $1.1M | $1.1M | +3.3% |
Oakland | $865.4K | $878.6K | +1.5% |
Housing Supply in Alameda, CA
How many homes are available in Alameda, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
126 | 124 | -1.6% |
Summary: The Alameda real estate market had 124 homes for sale in June 2024, a 1.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 48 | 47 | -2.1% |
3 Bedrooms | 51 | 45 | -11.8% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Alameda housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Alameda in June 2024, up by 11.1% month-over-month. Of the 37 sold homes, 24% were sold under asking, 14% were sold at asking, and 62% were sold over asking.
Days on Market for Alameda, CA
How long does it take to sell a home in Alameda, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 19 Days | -19.6% |
Summary: Homes in Alameda had an average of 19 days on market in Jun 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 40 homes were sold in Alameda; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.