Intero's Market Report

Alameda, CA

Single-Family Homes



Alameda, CA

Thu Feb 29 2024
This week the median list price for Alameda, CA is $1,198,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has decreased to 17. Click here to stay informed with the Alameda market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Alameda, CA

Thu Feb 29 2024
This week the median list price for Alameda, CA is $1,198,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has decreased to 17. Click here to stay informed with the Alameda market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Alameda market.
Median List Price $1,198,000
Median Price of New Listings $1,398,500
Per Square Foot $753
Average Days on Market 194
Median Days on Market 21
Price Decreased 6%
Price Increased 6%
Relisted 12%
Inventory 17
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
$1,875,000 3,380 8,000 - 10,000 sqft 5 3.8 86 1 1 52
$1,346,500 1,781 0 - 4,500 sqft 3 3 96 0 1 10
$1,049,000 1,399 0 - 4,500 sqft 3 2 91 1 3 49
$799,000 1,109 0 - 4,500 sqft 2 2 114 0 1 147