Find luxury property, lofts, townhouses, condos, houses & homes for sale in Alamo with the real estate agents & REALTORS® at Kelly Crawford Team.
The Alamo housing market is moderately competitive. Last month, the median home price in Alamo was $2.5 million, a 25.2% increase compared to last year. Meanwhile, the median price per square foot dropped slightly to $741, a 0.94% decrease from the previous year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In November 2024, the median home price in Alamo rose to $2.5 million, a 25.2% increase compared to the same time last year, showing strong growth in home values. However, homes are taking longer to sell, with an average of 41 days on the market compared to just 15 days last year. This slower pace could mean buyers are being more cautious or sellers are adjusting to higher prices. Additionally, only 12 homes were sold in November, down from 18 last year, reflecting lower sales activity, possibly due to limited inventory or shifting market conditions.
The Alamo housing market is moderately competitive, with homes typically selling in about 34 days. While some properties attract multiple offers, most homes sell for around 3% below the list price. However, highly desirable "hot homes" tend to sell quickly, often going for close to the list price and going under contract in as little as 8 days. This mix of activity shows a balanced market where buyers have some leverage, but standout properties still draw strong interest.
In November 2024, Alamo, CA, was a seller's market, meaning there were more buyers than homes available for sale. This creates strong competition among buyers, often leading to faster sales and better terms for sellers. For those considering selling, it’s an ideal time to take advantage of the high demand and limited inventory.
Have questions about the Alamo real estate market or ready to find your perfect property? We’re here to help every step of the way. Reach out now to learn more or start your journey to owning a home in this sought-after community!
Get to know everything about Alamo, CA, with our easy-to-use neighborhood guide! From local schools and parks to shopping, dining, and housing trends, it’s all here. Start exploring now and see why Alamo could be the perfect place for you!
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