Is Los Alamitos, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Los Alamitos was a Neutral 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
$1,345,000
$661/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Los Alamitos have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Los Alamitos was $1,345,000 in November 2023, up 22.3% from last year, and the median price per square foot was $661.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $645K | $747.5K | +15.9% |
| 3 Bedrooms | $962.5K | $1.2M | +27.5% |
| 4 Bedrooms | $1.2M | $1.4M | +9.8% |
| 5+ Bedrooms | $1.3M | $1.7M | +33.3% |
Summary: Los Alamitos housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Los Alamitos | $1.1M | $1.3M | +22.3% |
| North Coast | $1.0M | $1.0M | +4.1% |
| Cypress | $897.5K | $910.5K | +1.4% |
| Garden Grove | $825.1K | $835.7K | +1.3% |
| Seal Beach | $408K | $375.1K | -8.1% |
Housing Supply in Los Alamitos, CA
How many homes are available in Los Alamitos, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 43 | 32 | -25.6% |
Summary: The Los Alamitos real estate market had 32 homes for sale in November 2023, a 25.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 11 | -38.9% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Los Alamitos housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Los Alamitos, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Los Alamitos in November 2023, down by 42.9% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 26 Days | 35 Days | +35.1% |
Summary: Homes in Los Alamitos had an average of 35 days on market in Nov 2023, up by 35.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Los Alamitos are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 8 homes were sold in Los Alamitos; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.