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 October 2023

Since last year, Alpine has remained a Seller'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

$960,000

$457/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$90,000(+10.3%)

Key Takeaway

Homes in Alpine have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Alpine was $960,000 in October 2024, up 10.3% from last year, and the median price per square foot was $457.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $462K$405K
-12.3%
2 $451K$535K
+18.6%
3 $844.5K$882.5K
+4.5%
4 $1.0M$1.1M
+10.0%
5+ $1.2M$1.2M
0.0%

Summary: Alpine housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jamul
+18.7%
Alpine
+10.3%
Laguna-Pine Valley
+5.5%

Housing Supply in Alpine, CA

How many homes are available in Alpine, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6471+10.9%

Summary: The Alpine real estate market had 71 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1010
0.0%
3 2324
+4.3%
4 1822
+22.2%
5+ 1215
+25.0%

Summary: The Alpine housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Alpine in October 2024, up by 100.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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

Oct 2023Oct 2024CHANGE
15 Days31 Days+107.8%

Summary: Homes in Alpine had an average of 31 days on market in Oct 2024, up by 107.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 16 homes were sold in Alpine; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% 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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