$9,488 Closing Credit*
$799,000
1,308 SqFt
3 Beds
•2 Full Baths, 1 Partial
YingYing Zhang, Listing Office: Berkshire Hathaway HomeServices California Properties
Is Alhambra, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Alhambra has remained a Seller's Market.
Key Takeaway
Alhambra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alhambra, CA
How much do homes in Alhambra, CA cost?
Median Sold Price
$998,000
$583/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$90,500(+10.0%)
Key Takeaway
Homes in Alhambra have sold for 10% more than they did a month ago.
Summary: The median home sold price in Alhambra was $998,000 in December 2024, up 10% from last month, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $525K | N/A |
| 2 Bedrooms | $771.5K | $792.5K | +2.7% |
| 3 Bedrooms | $940K | $998K | +6.2% |
| 4 Bedrooms | $1.6M | $1.2M | -23.8% |
| 5+ Bedrooms | $1.6M | $755K | -53.8% |
Summary: Alhambra housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 53.8%.
Housing Supply in Alhambra, CA
How many homes are available in Alhambra, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 90 | 80 | -11.1% |
Summary: The Alhambra real estate market had 80 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 28 | 19 | -32.1% |
| 3 Bedrooms | 33 | 30 | -9.1% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Alhambra housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 32.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alhambra, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Alhambra in December 2024, down by 4.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.
Days on Market for Alhambra, CA
How long does it take to sell a home in Alhambra, CA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -13.8% |
Summary: Homes in Alhambra had an average of 28 days on market in Dec 2024, down by 13.8% compared to last month.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Alhambra are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 21 homes were sold in Alhambra; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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.