RE/MAX Accord's Market Report

Alameda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alameda, CA

Tue Jan 19 2021
This week the median list price for Alameda, CA is $895,000 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has held steady at or around 13. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Tue Jan 19 2021
This week the median list price for Alameda, CA is $895,000 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has held steady at or around 13. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $895,000
Per Square Foot $790
Days on Market 121
Price Decreased 23%
Price Increased 0%
Relisted 31%
Inventory 13
Median Rent $3,250
Most Expensive $2,249,000
Least Expensive $360,000
Market Action 69
Strong Seller's Market

Despite this week’s down 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
$1,899,000 2,626 6,500 - 8,000 sqft 4 3 76 1 2 81
$1,130,000 1,679 0 - 4,500 sqft 4 3 21 1 4 91
$895,000 1,036 4,500 - 6,500 sqft 3 1 78 1 1 296
$722,500 928 0 - 4,500 sqft 2 1 97 2 1 40