Intero's Market Report

Alamo, CA

Single-Family Homes



Alamo, CA

Mon Jun 17 2024
This week the median list price for Alamo, CA is $3,299,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has decreased to 37. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Alamo, CA

Mon Jun 17 2024
This week the median list price for Alamo, CA is $3,299,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has decreased to 37. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Alamo market.
Median List Price $3,299,000
Median Price of New Listings $2,549,444
Per Square Foot $810
Average Days on Market 66
Median Days on Market 42
Price Decreased 46%
Price Increased 0%
Relisted 19%
Inventory 37
Median Rent
Market Action 44
Slight Seller's Advantage

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
$5,590,000 5,723 2.5 - 5 acres 5 6 34 0 0 49
$4,100,000 5,051 1 - 2.5 acres 5 5 35 0 2 56
$2,995,000 4,350 0.5 - 1 acre 5 4 37 0 2 42
$2,472,500 2,739 0.5 - 1 acre 4 3 52 2 1 17