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Alamo Real Estate Prices And Market Stats

  • 70 Total For Sale
  • 8 New Listings
  • 2 Price Change

There are currently 70 properties for sale and Alamo real estate prices are between $999,950 and $39,000,000. The median price for homes that are currently for sale is $1,996,500. Homes are selling for about $588 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

$1,996,500

$999,950
Lowest Priced

$39,000,000
Highest Priced

Avg Price/SQFT

$588

$413
Lowest

$1,807
Highest

Avg DOM

31

Alamo Residential Real Estate Analysis

April 2019 VS. April 2018

Detached Homes

Unit Sales

23 Sales 15% (20)

Median Sales Price

$2,050,000 17% ($1,747,500)

Avg $/sqft

$600 1% ($596)

Average Days On Market

38 423% (7)

Selling/listing Price

98% -4% (102%)

Condos

Unit Sales

Sales 0% (0)

Median Sales Price

$0 0% ($0)

Avg $/sqft

$0 0% ($0)

Average Days On Market

0 0% (0)

Selling/listing Price

0% 0% (0%)

Townhomes

Insufficient Data To create Report

Alamo 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 Alamo 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 Alamo 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

3.92 sold/week

total Currently for sale

70

Absorption Rate

17.87 weeks

Condos

Sales per Week

0.00 sold/week

total Currently for sale

0

Absorption Rate

0.00 weeks

Townhomes

Sales per Week

0.00 sold/week

total Currently for sale

0

Absorption Rate

0.00 weeks

All

Sales per Week

3.92 sold/week

total Currently for sale

70

Absorption Rate

17.87 weeks

Alamo Real Estate Price trends

Key Insights
  • The monthly median selling price is on a 1 month price trend where property prices have increased 7%

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 $2,874,500 4,747 17 2000 0 12 Most Expensive 25% of properties
Upper/Second $2,070,000 3,740 16 1973 0 12 Upper-middle 25% of properties
Lower/Third $1,777,500 3,244 10 1980 0 12 Lower-middle 25% of properties
Bottom/Fourth $1,325,000 2,499 13 1975 0 11 Least expensive 25% of properties

Alamo 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.

Alamo 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 Alamo, 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 Alamo. 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 (12) 4,477 - 6,938 $517 $2,717,500 27 1997
Upper-middle 25% sqft (12) 3,360 - 4,345 $582 $2,244,000 20 1983
Lower-middle 25% sqft (12) 2,739 - 3,314 $613 $1,777,500 13 1974
Smallest 25% sqft (11) 1,794 - 2,667 $660 $1,400,000 13 1973

Alamo 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
Apr/2019 $2,199,900 22 $600 98.84%
Mar/2019 $1,874,000 4 $604 99.51%
Feb/2019 $1,495,000 13 $564 99.02%
Jan/2019 $1,499,000 21 $542 95.56%
Dec/2018 $1,555,000 27 $526 98.39%
Nov/2018 $2,174,000 36 $585 97.51%
Oct/2018 $1,699,800 33 $541 96.17%
Sep/2018 $1,575,000 37 $564 95.32%
Aug/2018 $1,622,000 28 $587 98.16%
Jul/2018 $1,522,500 24 $596 97.83%
Jun/2018 $1,699,000 14 $569 99.40%
May/2018 $1,794,500 35 $547 98.95%
Apr/2018 $1,698,844 7 $596 101.73%

Complete Residential Inventory

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

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
10 1 $39,000,000 $39,000,000 21,582 $1,807 $1,807
12 1 $25,000,000 $25,000,000 22,210 $1,125 $1,126
3 3 $1,550,000 $2,008,317 2,807 $670 $693
4 31 $1,799,950 $2,047,307 3,613 $551 $572
5 29 $2,298,888 $2,520,458 4,591 $540 $543
6 5 $2,198,000 $3,046,800 5,606 $544 $530
all 70 $1,996,500 $3,168,839 4,648 $551 $588