RE/MAX Accord's Market Report
Alamo, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Alamo, CA
Tue Mar 11 2025
This week the median list price for Alamo, CA is $2,988,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has decreased to 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $2,988,000 | |
| Median Price of New Listings | $2,878,000 | |
| Per Square Foot | $888 | |
| Average Days on Market | 92 | |
| Median Days on Market | 56 | |
| Price Decreased | 26% | |
| Price Increased | 0% | |
| Relisted | 21% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $6,642,500 | 5,865 | 0.5 - 1 acre | 5 | 5.3 | 63 | 0 | 0 | 70 |
| $3,988,000 | 4,559 | 1 - 2.5 acres | 5 | 4.5 | 27 | 0 | 0 | 56 |
| $2,900,000 | 3,610 | 0.5 - 1 acre | 5 | 3.5 | 28 | 1 | 3 | 14 |
| $1,895,999 | 1,910 | 0.5 - 1 acre | 4 | 3 | 62 | 0 | 2 | 140 |