Is Los Alamitos, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Los Alamitos has remained a Seller's Market.
Key Takeaway
Los Alamitos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Los Alamitos, CA
How much do homes in Los Alamitos, CA cost?
Median Sold Price
$1,426,000
$703/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Los Alamitos have sold for 3.6% less than they did a month ago.
Summary: The median home sold price in Los Alamitos was $1,426,000 in April 2024, down 3.6% from last month, and the median price per square foot was $703.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.4M | $1.3M | -7.0% |
| 4 Bedrooms | $1.4M | $1.5M | +5.7% |
| 5+ Bedrooms | $1.8M | $2.0M | +11.2% |
Summary: Los Alamitos housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in Los Alamitos, CA
How many homes are available in Los Alamitos, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 53 | +15.2% |
Summary: The Los Alamitos real estate market had 53 homes for sale in April 2024, a 15.2% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Los Alamitos 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 increased by 200%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Los Alamitos, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Los Alamitos in April 2024, up by 63.6% month-over-month. Of the 18 sold homes, 17% were sold under asking, 39% were sold at asking, and 44% were sold over asking.
Days on Market for Los Alamitos, CA
How long does it take to sell a home in Los Alamitos, CA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 17 Days | +11.3% |
Summary: Homes in Los Alamitos had an average of 17 days on market in Apr 2024, up by 11.3% compared to last month.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Los Alamitos are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Los Alamitos; 89% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.