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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alpine is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Alpine, CA

How much do homes in Alpine, CA cost?

Median Sold Price

$925,000

$449/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,000(+0.4%)

Key Takeaway

The sold price of homes in Alpine has remained the same since last year.

Summary: The median home sold price in Alpine was $925,000 in April 2024, up 0.4% from last year, and the median price per square foot was $449.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $402K$375K
-6.7%
2 $425K$493K
+16.0%
3 $835K$882.5K
+5.7%
4 $1.0M$1.0M
-2.9%
5+ $1.1M$1.2M
+4.3%

Summary: Alpine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Jamul
+13.1%
Laguna-Pine Valley
+4.4%
Alpine
0.4%

Housing Supply in Alpine, CA

How many homes are available in Alpine, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4347+9.3%

Summary: The Alpine real estate market had 47 homes for sale in April 2024, a 9.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 65
-16.7%
3 1322
+69.2%
4 159
-40.0%
5+ 89
+12.5%

Summary: The Alpine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 69.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16160.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alpine, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Alpine in April 2024, the same as the previous month. Of the 16 sold homes, 19% were sold under asking, 44% were sold at asking, and 38% were sold over asking.

Days on Market for Alpine, CA

How long does it take to sell a home in Alpine, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days21 Days-23.9%

Summary: Homes in Alpine had an average of 21 days on market in Apr 2024, down by 23.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 16 homes were sold in Alpine; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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

Report Updated 9 Days Ago

Newest Listings in Alpine, CA

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