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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alameda County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Alameda County has remained a Seller's Market.

Key Takeaway

Alameda County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Alameda County, CA cost?

Median Sold Price

$1,132,093

$725/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$86,482(+8.3%)

Key Takeaway

Homes in Alameda County have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $491.3K$490K
-0.3%
2 $725.7K$756.7K
+4.3%
3 $1.0M$1.1M
+12.5%
4 $1.4M$1.5M
+10.0%
5+ $1.8M$2.0M
+13.8%

Median Sold Price Compared To Nearby Counties

Santa Clara County
+10.1%
Alameda County
+8.3%
Contra Costa County
+2.9%

How many homes are available in Alameda County, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
2,4622,085-15.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 143126
-11.9%
2 558468
-16.1%
3 965831
-13.9%
4 606494
-18.5%
5+ 190166
-12.6%

Number of Homes Sold

Oct 2022Nov 2022%
836740-11.5%

Asking Price vs. Sold Price

299 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

323 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alameda County, you could pay more than the asking price. 47% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days29 Days+62.8%

Breakdown of Home Sale Times

490 Homes Were Sold
Under 30 Days

208 Homes Were Sold
In 30 - 90 Days

35 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alameda County 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 County, CA

There are 2,085 homes are for sale in Alameda County, CA real estate market. Between October 2022 and November 2022, Alameda County, CA real estate market has seen decrease in the number of listings by 15.3%. While the average time on the market in November 2022 was 29 days, the median list price was $1,132,093. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties decreased by 0.3%, prices of 2 bedrooms properties increased by 4.3%, 3 bedrooms properties became 12.5% more expensive, prices of 4 bedrooms properties went up by 10%, prices of 5 bedrooms properties increased by 13.8%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 11.9%, number of 2 bedrooms homes decreased by 16.1%, volume of 3 bedrooms homes went down by 13.9%, volume of 4 bedrooms homes went down by 18.5%, volume of 5 bedrooms homes went down by 12.6%. Alameda County, CA housing market in November 2022 saw over 323 listings sold above listed price, more than 65 sold at listed price and over 299 sold below.

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