Is Alessandro Heights, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alessandro Heights is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Alessandro Heights was a Seller's Market.

Key Takeaway

Alessandro Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Alessandro Heights, CA

How much do homes in Alessandro Heights, CA cost?

Median Sold Price

$1,188,290

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$115,975(+10.8%)

Key Takeaway

Homes in Alessandro Heights have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Alessandro Heights was $1,188,290 in November 2024, up 10.8% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $630K-
N/A
3 $1.0M$910K
-11.2%
4 $938.9K$1.0M
+11.8%
5+ $1.2M$1.4M
+12.6%

Summary: Alessandro Heights housing prices by bedroom type for November 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 decreased by 11.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Neighborhoods

Alessandro Heights
+10.8%
Woodcrest
+7.5%
Canyon Crest
+7.2%
Mission Grove
+6.0%
Hawarden Hills
-5.3%

Housing Supply in Alessandro Heights, CA

How many homes are available in Alessandro Heights, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Alessandro Heights real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 56
+20.0%
5+ 76
-14.3%

Summary: The Alessandro Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alessandro Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Alessandro Heights in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
82 Days162 Days+96.8%

Summary: Homes in Alessandro Heights had an average of 162 days on market in Nov 2024, up by 96.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Alessandro Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Alessandro Heights; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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