RE/MAX Accord's Market Report

Alameda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alameda, CA

Sun Oct 25 2020
This week the median list price for Alameda, CA is $1,120,000 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has held steady at or around 37. 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

The market has started cooling and prices have been flat for several weeks. Since 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.

Alameda, CA

Sun Oct 25 2020
This week the median list price for Alameda, CA is $1,120,000 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has held steady at or around 37. 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

The market has started cooling and prices have been flat for several weeks. Since 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 Alameda market.
Median List Price $1,120,000
Per Square Foot $677
Days on Market 33
Price Decreased 11%
Price Increased 0%
Relisted 3%
Inventory 37
Median Rent $3,170
Most Expensive $2,575,000
Least Expensive $360,000
Market Action 77
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
$1,700,000 2,591 4,500 - 6,500 sqft 4 3 31 5 3 8
$1,250,000 2,159 0 - 4,500 sqft 4 3 93 4 2 23
$998,000 1,365 0 - 4,500 sqft 3 2 57 4 3 9
$823,500 1,175 0 - 4,500 sqft 2 2 84 4 1 84