Justin Tye

Alpine, CA

Single-Family Homes

Active Realty I REAL



Alpine, CA

Thu Jun 20 2024
This week the median list price for Alpine, CA is $1,137,397 with the market action index hovering around 55. This is less than last month's market action index of 59. Inventory has increased to 24. Click here to stay informed with the Alpine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Alpine, CA

Thu Jun 20 2024
This week the median list price for Alpine, CA is $1,137,397 with the market action index hovering around 55. This is less than last month's market action index of 59. Inventory has increased to 24. Click here to stay informed with the Alpine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Alpine market.
Median List Price $1,137,397
Median Price of New Listings $1,032,494
Per Square Foot $487
Average Days on Market 35
Median Days on Market 28
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent
Market Action 55
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,799,350 3,406 5 - 10 acres 4 3.5 28 0 1 31
$1,199,999 2,848 1 - 2.5 acres 4 3 30 2 0 17
$1,049,000 2,089 1 - 2.5 acres 3 2.5 44 0 2 35
$849,995 1,528 1 - 2.5 acres 3 2 36 2 1 7