RE/MAX Accord's Market Report

Alameda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alameda, CA

Fri Sep 20 2019
This week the median list price for Alameda, CA is $1,250,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 29. 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 recently plateaued. 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

Fri Sep 20 2019
This week the median list price for Alameda, CA is $1,250,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 29. 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 recently plateaued. 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 $1,250,000
Per Square Foot $676
Days on Market 41
Price Decreased 28%
Price Increased 10%
Relisted 14%
Inventory 29
Median House Rent $3,600
Most Expensive $1,899,000
Least Expensive $549,000
Market Action Index
Strong Seller's Market
70

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,599,000 2,397 4,500 - 6,500 sqft 4 3 70 2 0 23
$1,349,888 2,222 4,500 - 6,500 sqft 3 3 82 1 1 40
$1,100,000 1,941 4,500 - 6,500 sqft 3 2 69 3 4 37
$812,000 1,111 0 - 4,500 sqft 3 2 82 2 2 61