Kehrig Team's Market Report

Alamo, CA

Single-Family Homes

Bay Hill | Pacific Union Christie's International Real Estate | 925-487-6838



Alamo, CA

Mon Apr 22 2019
This week the median list price for Alamo, CA is $2,199,900 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 61. Click here to stay informed with the Alamo market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Alamo, CA

Mon Apr 22 2019
This week the median list price for Alamo, CA is $2,199,900 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 61. Click here to stay informed with the Alamo market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Alamo market.
Median List Price $2,199,900
Per Square Foot $552
Days on Market 95
Price Decreased 31%
Price Increased 0%
Relisted 7%
Inventory 61
Median House Rent $6,248
Most Expensive $39,000,000
Least Expensive $1,125,000
Market Action Index
Slight Seller's Advantage
36

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$3,895,000 6,511 1 - 2.5 acres 5 4 16 3 0 234
$2,649,000 4,748 0.5 - 1 acre 5 4 26 5 0 33
$1,989,000 3,820 0.5 - 1 acre 4 4 38 4 0 50
$1,699,000 2,942 0.5 - 1 acre 4 3 43 2 4 64