$10,000 Closing Credit*
$1,450,000
1,715 SqFt
3 Beds
•2 Full Baths
Steve Cressy, Listing Office: BHHS Drysdale Properties
Is Alameda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alameda has remained a Seller's Market.
Key Takeaway
Alameda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alameda, CA
How much do homes in Alameda, CA cost?
Median Sold Price
$1,174,333
$713/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,000(+4.4%)
Key Takeaway
Homes in Alameda have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Alameda was $1,174,333 in November 2024, up 4.4% from last year, and the median price per square foot was $713.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $410K | -14.6% |
| 2 Bedrooms | $915K | $911K | -0.4% |
| 3 Bedrooms | $1.2M | $1.3M | +5.4% |
| 4 Bedrooms | $1.5M | $1.5M | -4.1% |
| 5+ Bedrooms | $1.8M | $1.8M | +2.0% |
Summary: Alameda housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Alameda | $1.1M | $1.1M | +4.4% |
| Oakland | $850.3K | $850K | 0% |
Housing Supply in Alameda, CA
How many homes are available in Alameda, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 97 | -25.4% |
Summary: The Alameda real estate market had 97 homes for sale in November 2024, a 25.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 48 | 40 | -16.7% |
| 3 Bedrooms | 47 | 32 | -31.9% |
| 4 Bedrooms | 18 | 13 | -27.8% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Alameda housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 31.9%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alameda, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Alameda in November 2024, down by 7.0% month-over-month. Of the 38 sold homes, 26% were sold under asking, 5% were sold at asking, and 68% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 25 Days | -1.9% |
Summary: Homes in Alameda had an average of 25 days on market in Nov 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alameda are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in Alameda; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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