Is Alpine, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Alpine has remained a Seller's Market.
Housing Prices
How much do homes in Alpine, CA cost?
Median Sold Price
$877,500
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Alpine was $877,500 in August 2023, down 5.4% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $308.4K | $462K | +49.8% |
2 Bedrooms | $505K | $450K | -10.9% |
3 Bedrooms | $795K | $851K | +7.0% |
4 Bedrooms | $1.0M | $1.0M | -3.9% |
5+ Bedrooms | $1.1M | $1.1M | +4.7% |
Summary: Alpine housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 49.8%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
Jamul | $960K | $1.0M | +4.2% |
Laguna-Pine Valley | $648.5K | $627.2K | -3.3% |
Alpine | $927.5K | $877.5K | -5.4% |
Housing Supply
How many homes are available in Alpine, CA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
53 | 50 | -5.7% |
Summary: The Alpine real estate market had 50 homes for sale in August 2023, a 5.7% decrease compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 23 | 21 | -8.7% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Alpine housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Alpine in August 2023, down by 15.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market
How long does it take to sell a home in Alpine, CA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
20 Days | 22 Days | +9.5% |
Summary: Homes in Alpine had an average of 22 days on market in Aug 2023, up by 9.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During August 2023, 17 homes were sold in Alpine; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.