Justin Tye

Alhambra, CA

Single-Family Homes

Active Realty I REAL



Alhambra, CA

Fri May 24 2024
This week the median list price for Alhambra, CA is $958,944 with the market action index hovering around 57. This is less than last month's market action index of 65. Inventory has increased to 18. Click here to stay informed with the Alhambra 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.

Alhambra, CA

Fri May 24 2024
This week the median list price for Alhambra, CA is $958,944 with the market action index hovering around 57. This is less than last month's market action index of 65. Inventory has increased to 18. Click here to stay informed with the Alhambra 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 Alhambra market.
Median List Price $958,944
Median Price of New Listings $956,500
Per Square Foot $683
Average Days on Market 49
Median Days on Market 32
Price Decreased 33%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent
Market Action 57
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,375,000 2,180 6,500 - 8,000 sqft 4 2.5 86 0 0 31
$1,067,000 1,604 4,500 - 6,500 sqft 3 2 99 1 2 17
$928,000 1,340 4,500 - 6,500 sqft 3 2 95 1 1 56
$850,000 1,046 4,500 - 6,500 sqft 2 2 101 0 0 49