Is Almaden Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Almaden Valley is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Almaden Valley has remained a Seller's Market.

Key Takeaway

Almaden Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Almaden Valley, CA

How much do homes in Almaden Valley, CA cost?

Median Sold Price

$2,232,817

$999/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$182,817(+8.9%)

Key Takeaway

Homes in Almaden Valley have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Almaden Valley was $2,232,817 in November 2024, up 8.9% from last year, and the median price per square foot was $999.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $1.0M$1.1M
+11.7%
3 $1.6M$1.6M
+0.9%
4 $2.1M$2.2M
+7.4%
5+ $2.5M$2.4M
-0.2%

Summary: Almaden Valley 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 increased by 11.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 0.2%.

Housing Supply in Almaden Valley, CA

How many homes are available in Almaden Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6652-21.2%

Summary: The Almaden Valley real estate market had 52 homes for sale in November 2024, a 21.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1311
-15.4%
4 2917
-41.4%
5+ 2323
0.0%

Summary: The Almaden Valley 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 decreased by 15.4%, 4 bedroom homes decreased by 41.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Almaden Valley, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Almaden Valley in November 2024, up by 13.0% month-over-month. Of the 23 sold homes, 43% were sold under asking, 4% were sold at asking, and 52% were sold over asking.

Days on Market for Almaden Valley, CA

How long does it take to sell a home in Almaden Valley, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days23 Days+49.5%

Summary: Homes in Almaden Valley had an average of 23 days on market in Nov 2024, up by 49.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Almaden Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in Almaden Valley; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Almaden Valley, CA

Nearby Markets to Almaden Valley, CA