$10,000 Closing Credit*
$2,495,000
5,247 SqFt
4 Beds
•4 Full Baths, 1 Partial
BRAD ALEWINE, Listing Office: COMPASS
Is Alessandro Heights, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Alessandro Heights was a Buyer's Market.
Key Takeaway
Alessandro Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alessandro Heights, CA
How much do homes in Alessandro Heights, CA cost?
Median Sold Price
$1,199,990
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$192,490(+19.1%)
Key Takeaway
Homes in Alessandro Heights have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in Alessandro Heights was $1,199,990 in October 2024, up 19.1% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $630K | - | N/A |
| 3 Bedrooms | $937.5K | $1.1M | +27.5% |
| 4 Bedrooms | $938.9K | $1.0M | +14.4% |
| 5+ Bedrooms | $1.2M | $1.3M | +9.4% |
Summary: Alessandro Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Alessandro Heights | $1.0M | $1.1M | +19.1% |
| Canyon Crest | $635K | $725K | +14.2% |
| Mission Grove | $706K | $762K | +7.9% |
| Woodcrest | $800K | $860K | +7.5% |
| Hawarden Hills | $890K | $810K | -9.0% |
Housing Supply in Alessandro Heights, CA
How many homes are available in Alessandro Heights, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Alessandro Heights real estate market had 15 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Alessandro Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alessandro Heights, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Alessandro Heights in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Alessandro Heights, CA
How long does it take to sell a home in Alessandro Heights, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 113 Days | +29.3% |
Summary: Homes in Alessandro Heights had an average of 113 days on market in Oct 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alessandro Heights has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Alessandro Heights; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.