RE/MAX Accord's Market Report

Alamo, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Alamo, CA

Wed Dec 11 2019
This week the median list price for Alamo, CA is $2,293,500 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 30. 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

Wed Dec 11 2019
This week the median list price for Alamo, CA is $2,293,500 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 30. 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 $2,293,500
Per Square Foot $538
Days on Market 212
Price Decreased 47%
Price Increased 3%
Relisted 10%
Inventory 30
Median Rent $5,495
Most Expensive $28,500,000
Least Expensive $1,179,000
Market Action 38
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
$3,899,000 6,130 2.5 - 5 acres 6 6 4 0 1 372
$2,780,000 5,100 0.5 - 1 acre 5 6 12 0 1 96
$1,995,000 4,446 0.5 - 1 acre 4 4 34 0 1 175
$1,597,487 2,842 0.5 - 1 acre 4 3 47 0 2 210