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 10 Days Ago

Newest Listings in Alpine, CA

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