Is Alameda, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alameda is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Alameda, CA cost?

Median Sold Price

$1,255,000

$784/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$12,000(+1.0%)

Key Takeaway

Homes in Alameda have sold for 1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $495K$500K
+1.0%
2 $889K$995K
+11.9%
3 $1.3M$1.3M
+4.6%
4 $1.5M$1.6M
+7.5%
5+ $1.8M$2.1M
+13.1%

Median Sold Price Compared To Nearby Cities

Oakland
+5.7%
Alameda
+1.0%

How many homes are available in Alameda, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
11987-26.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 56
+20.0%
2 4133
-19.5%
3 4527
-40.0%
4 2015
-25.0%
5+ 86
-25.0%

Number of Homes Sold

Oct 2022Nov 2022%
5133-35.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alameda, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days23 Days+32.6%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alameda are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Alameda, CA

Alameda, CA has 87 homes for sale to choose from. Between October 2022 and November 2022, Alameda, CA real estate market has seen decrease in the number of listings by 26.9%. In November 2022, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $1,255,000. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 1%, prices of 2 bedrooms properties went up by 11.9%, 3 bedrooms properties prices increased by 4.6%, 4 bedrooms properties became 7.5% more expensive, the cost of 5 bedrooms properties went up by 13.1%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 20%, number of 2 bedrooms homes decreased by 19.5%, number of 3 bedrooms homes decreased by 40%, the quantity of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes decreased by 25%. Over 22 listings were sold over their listed price in November 2022 in Alameda, CA. In the same period over 6 listings were sold below the listed price and 5 listings were sold for the listed price.

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