Is Almaden Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Almaden Valley has remained a Seller's Market.
Housing Prices in Almaden Valley, CA
How much do homes in Almaden Valley, CA cost?
Median Sold Price
$2,100,000
$952/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Almaden Valley was $2,100,000 in April 2024, up 5% from last year, and the median price per square foot was $952.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $946.5K | $1.0M | +12.0% |
3 Bedrooms | $1.5M | $1.7M | +10.4% |
4 Bedrooms | $2.1M | $2.2M | +3.5% |
5+ Bedrooms | $2.5M | $2.5M | -0.6% |
Summary: Almaden Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Almaden Valley, CA
How many homes are available in Almaden Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 88 | +44.3% |
Summary: The Almaden Valley real estate market had 88 homes for sale in April 2024, a 44.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 33 | 50 | +51.5% |
5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The Almaden Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 51.5%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 29 | +38.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Almaden Valley in April 2024, up by 38.1% month-over-month. Of the 28 sold homes, 25% were sold under asking, 11% were sold at asking, and 64% were sold over asking.
Days on Market for Almaden Valley, CA
How long does it take to sell a home in Almaden Valley, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 9 Days | -59.8% |
Summary: Homes in Almaden Valley had an average of 9 days on market in Apr 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in Almaden Valley; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.