RE/MAX Accord's Market Report

Alamo, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alamo, CA

Mon Nov 18 2019
This week the median list price for Alamo, CA is $2,081,900 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 44. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Alamo, CA

Mon Nov 18 2019
This week the median list price for Alamo, CA is $2,081,900 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 44. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Alamo market.
Median List Price $2,081,900
Per Square Foot $561
Days on Market 167
Price Decreased 45%
Price Increased 0%
Relisted 5%
Inventory 44
Median Rent $5,500
Most Expensive $28,500,000
Least Expensive $989,000
Market Action 34
Slight Seller's Advantage

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
$3,650,000 6,085 1 - 2.5 acres 5 6 4 1 0 261
$2,399,000 4,761 0.5 - 1 acre 5 4 26 1 1 94
$1,795,000 4,058 0.5 - 1 acre 4 4 35 1 2 161
$1,525,000 3,088 0.5 - 1 acre 4 3 43 0 2 150