🔍 Alameda real estate market update

Alameda's housing market continues to reflect high demand and low inventory this May, making it a strong seller’s market.

📉 Months Supply of Inventory: 2.63

This figure indicates that the market remains competitive. A balanced market typically has around 5–6 months of inventory, so 2.63 months suggests limited options for buyers and strong negotiating power for sellers.

📈 12-Month Change in Inventory: +0.21%

While this slight uptick points to a small increase in listings compared to last year, it hasn’t been enough to shift the market away from favoring sellers. Inventory is still tight, which helps drive strong offers.

⏳ Median Days on Market: 14 days

Homes in Alameda are selling fast—just two weeks on average from listing to sale. This signals intense buyer competition and a need for quick, decisive action from house hunters.

💰 Sold to List Price: 106%

Buyers are continuing to offer over asking in many situations. This trend reflects bidding wars and high buyer demand, especially for well-maintained or move-in ready homes.

🏠 Median Sold Price: $1,170,000

Alameda continues to attract strong pricing, with a median sold price that keeps sellers in a favorable position. While this price point might stretch some buyers, it also reflects the value and desirability of the area.

🧭 What this means for you:

🟩 Sellers: With quick sales and strong returns, now is an excellent time to list your property.
🟦 Buyers: Be ready to move fast and make competitive offers—partnering with an experienced local agent will be essential.

📞 Ready to buy or sell in Alameda? Our team at Rise Homes is here to help you make your move confidently.
📧 Email: [email protected] | 📱 Call us: (650) 293-0158
🔗 Visit our blog for more local market updates: homesbyrise.com/blog