Is Alpine, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alpine is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Alpine was a Buyer's Market.

Key Takeaway

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

Housing Prices in Alpine, CA

How much do homes in Alpine, CA cost?

Median Sold Price

$963,750

$455/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$88,750(+10.1%)

Key Takeaway

Homes in Alpine have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Alpine was $963,750 in November 2024, up 10.1% from last year, and the median price per square foot was $455.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $462K$405K
-12.3%
2 $458K$535K
+16.8%
3 $851K$890K
+4.6%
4 $1.0M$1.0M
+10.0%
5+ $1.2M$1.1M
-3.4%

Summary: Alpine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Cities

Jamul
+19.8%
Alpine
+10.1%
Laguna-Pine Valley
+3.8%

Housing Supply in Alpine, CA

How many homes are available in Alpine, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6559-9.2%

Summary: The Alpine real estate market had 59 homes for sale in November 2024, a 9.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 95
-44.4%
3 2424
0.0%
4 1919
0.0%
5+ 1311
-15.4%

Summary: The Alpine 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 decreased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alpine, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Alpine in November 2024, down by 11.8% month-over-month. Of the 15 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.

Days on Market for Alpine, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days56 Days+205.6%

Summary: Homes in Alpine had an average of 56 days on market in Nov 2024, up by 205.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Alpine; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% 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 20 Days Ago

Newest Listings in Alpine, CA

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