Murtagh Team Market Report

Alamo, CA

Single-Family Homes

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Alamo, CA

Thu May 22 2025
This week the median list price for Alamo, CA is $2,924,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 46. Click here to stay informed with the Alamo market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Alamo, CA

Thu May 22 2025
This week the median list price for Alamo, CA is $2,924,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 46. Click here to stay informed with the Alamo market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Alamo market.
Median List Price $2,924,000
Median Price of New Listings $3,149,000
Per Square Foot $876
Average Days on Market 68
Median Days on Market 35
Price Decreased 35%
Price Increased 0%
Relisted 11%
Inventory 46
Median Rent
Market Action 39
Slight Seller's Advantage

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
$4,700,000 5,723 0.5 - 1 acre 5 4.5 39 2 1 63
$3,750,000 4,118 1 - 2.5 acres 5 4 35 1 2 35
$2,774,000 3,459 0.5 - 1 acre 4 3 39 3 2 21
$2,174,000 2,546 0.5 - 1 acre 4 2 52 0 3 35