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Alameda Real Estate Prices And Market Stats

  • 53 Total For Sale
  • 18 New Listings
  • 5 Price Change

There are currently 53 properties for sale and Alameda real estate prices are between $399,000 and $1,899,000. The median price for homes that are currently for sale is $995,000. Homes are selling for about $605 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

Median Price

$995,000

$399,000
Lowest Priced

$1,899,000
Highest Priced

Avg Price/SQFT

$605

$415
Lowest

$1,233
Highest

Avg DOM

13

Alameda Residential Real Estate Analysis

August 2019 VS. August 2018

Detached Homes

Unit Sales

34 Sales 13% (30)

Median Sales Price

$1,100,000 -6% ($1,170,500)

Avg $/sqft

$729 22% ($598)

Average Days On Market

17 -25% (22)

Selling/listing Price

110% 0% (110%)

Condos

Unit Sales

15 Sales 275% (4)

Median Sales Price

$525,000 -13% ($600,000)

Avg $/sqft

$605 1% ($597)

Average Days On Market

19 5% (18)

Selling/listing Price

106% -1% (107%)

Townhomes

Unit Sales

8 Sales -38% (13)

Median Sales Price

$825,000 4% ($795,000)

Avg $/sqft

$527 3% ($512)

Average Days On Market

15 -38% (25)

Selling/listing Price

106% 5% (102%)

Alameda Sales Rate (Absortion Rate)

This is a measure, in weeks, of how long it would take to sell all of the existing properties currently for sale in Alameda based on the recent historic rate of sales. It is calculated by dividing the number of active listings by the run-rate of sales for properties in Alameda over the last months years. It does not account for seasonal variance, which can be significant. Normally the run rate will accelerate in the spring/summer and slow down in the fall/winter. This means that in a "normal year" the trends will slightly over state the index in the spring/summer and understate it in the fall/winter. Basically, this measure attempts to place the current inventory into the context of whether it is a Buyer's, Seller's or Balanced market. Buyer's market is over 16 weeks and a seller's market is under 16 weeks.

Detached Homes

Sales per Week

9.42 sold/week

total Currently for sale

34

Absorption Rate

3.61 weeks

Condos

Sales per Week

2.33 sold/week

total Currently for sale

10

Absorption Rate

4.29 weeks

Townhomes

Sales per Week

2.25 sold/week

total Currently for sale

7

Absorption Rate

3.11 weeks

All

Sales per Week

14.83 sold/week

total Currently for sale

53

Absorption Rate

3.57 weeks

Alameda Real Estate Price trends

Key Insights
  • The monthly median selling price is on a 1 month price trend where property prices have decreased -2%

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $1,402,500 2,341 13 1955 0 44 Most Expensive 25% of properties
Upper/Second $1,100,645 1,742 13 1957 0 43 Upper-middle 25% of properties
Lower/Third $840,000 1,396 13 1956 0 43 Lower-middle 25% of properties
Bottom/Fourth $649,000 1,023 14 1958 0 43 Least expensive 25% of properties

Alameda Price Per Square Foot Trends

The median and average square foot price trends. The square foot price is one of the best ways to get a good rough estimate of your homes worth.

Alameda Home SQFT Price Quartiles

If you try to use the average cost per foot to determine the approximate fair market value (FMV) of another property, you should be careful to understand a few key issues. First, the cost per foot tends to decrease as properties increase in size. In other words, the most expensive homes in Alameda, on a cost per foot basis, will tend to be the smallest properties. This is because economies of scale make larger properties less expensive on a cost per foot basis. You should adjust the cost per foot up or down if the subject property is smaller or larger than the average sized home in Alameda. The Home SQFT Price Quartiles chart helps give you a better understanding of sqft price and home size.

Quartile (# Listings) Sqft Range Avg. Sqft Price Median Price Avg. DOM Avg Year Built
Largest 25% sqft (44) 1,978 - 3,847 $573 $1,355,000 14 1961
Upper-middle 25% sqft (43) 1,594 - 1,975 $606 $1,060,000 13 1965
Lower-middle 25% sqft (43) 1,166 - 1,569 $666 $891,000 13 1956
Smallest 25% sqft (43) 604 - 1,163 $736 $685,000 13 1944

Alameda Real Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.

Date Median Price DOM Avg $/sqft Sales Ratio
Aug/2019 $819,999 13 $662 107.84%
Jul/2019 $849,500 13 $638 108.96%
Jun/2019 $985,000 14 $630 109.18%
May/2019 $950,000 13 $657 111.28%
Apr/2019 $895,000 12 $640 108.05%
Mar/2019 $850,000 14 $651 108.01%
Feb/2019 $850,000 13 $609 107.32%
Jan/2019 $742,000 26 $557 102.96%
Dec/2018 $887,500 22 $588 103.57%
Nov/2018 $849,475 15 $632 107.76%
Oct/2018 $850,000 14 $602 107.94%
Sep/2018 $900,000 14 $618 110.37%
Aug/2018 $898,500 15 $575 108.61%

Complete Residential Inventory

Below is all the properties currently for sale in Alameda, sorted by number of bedrooms.

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 2 $449,250 $449,250 662 $686 $686
2 7 $697,000 $671,143 1,111 $577 $608
3 1 $970,000 $970,000 1,753 $553 $553
all 10 $686,000 $656,650 1,086 $574 $618

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 4 $835,000 $867,250 1,173 $697 $745
3 11 $1,075,000 $1,063,263 1,719 $593 $671
4 13 $1,299,000 $1,293,073 2,225 $584 $587
5 4 $1,397,450 $1,410,725 2,500 $578 $574
6 2 $1,400,444 $1,400,444 2,684 $540 $540
all 34 $1,223,975 $1,188,783 1,997 $593 $629

Duet

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 2 $801,500 $801,500 1,668 $481 $481
all 2 $801,500 $801,500 1,668 $481 $481

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 1 $675,000 $675,000 1,247 $541 $541
3 4 $919,000 $921,500 1,819 $505 $506
4 2 $868,500 $868,500 1,745 $498 $498
all 7 $889,000 $871,143 1,716 $510 $508