RE/MAX Accord's Market Report

Alamo, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alamo, CA

Fri Sep 20 2019
This week the median list price for Alamo, CA is $2,046,585 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 65. Click here to stay informed with the Alamo market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Alamo, CA

Fri Sep 20 2019
This week the median list price for Alamo, CA is $2,046,585 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 65. Click here to stay informed with the Alamo market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Alamo market.
Median List Price $2,046,585
Per Square Foot $539
Days on Market 141
Price Decreased 58%
Price Increased 0%
Relisted 20%
Inventory 65
Median House Rent $6,150
Most Expensive $28,500,000
Least Expensive $1,274,900
Market Action Index
Slight Buyer's Advantage
28

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
$3,485,000 5,311 1 - 2.5 acres 5 4 13 1 0 229
$2,399,000 4,714 0.5 - 1 acre 5 4 30 1 0 119
$1,824,000 3,748 0.5 - 1 acre 4 4 37 2 2 95
$1,570,000 2,979 0.5 - 1 acre 4 3 41 3 1 121