$10,000 Closing Credit*
$2,200,000
Maxwell Thurman, Listing Office: T.N.G. Real Estate Consultants
Is Los Alamitos, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Los Alamitos has remained a Seller's Market.
Key Takeaway
Los Alamitos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Los Alamitos, CA
How much do homes in Los Alamitos, CA cost?
Median Sold Price
$1,495,000
$720/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$157,500(+11.8%)
Key Takeaway
Homes in Los Alamitos have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Los Alamitos was $1,495,000 in December 2024, up 11.8% from last year, and the median price per square foot was $720.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $747.5K | $725K | -3.0% |
| 3 Bedrooms | $1.2M | $1.3M | +10.0% |
| 4 Bedrooms | $1.4M | $1.6M | +17.3% |
| 5+ Bedrooms | $1.7M | $1.8M | +8.5% |
Summary: Los Alamitos housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Los Alamitos | $1.3M | $1.4M | +11.8% |
| Garden Grove | $850K | $928.6K | +9.3% |
| Cypress | $915K | $997.5K | +9.0% |
| North Coast | $1.0M | $1.1M | +8.6% |
| Seal Beach | $372.3K | $400.2K | +7.5% |
Housing Supply in Los Alamitos, CA
How many homes are available in Los Alamitos, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 40 | 30 | -25.0% |
Summary: The Los Alamitos real estate market had 30 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 18 | 11 | -38.9% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Los Alamitos housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Los Alamitos, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Los Alamitos in December 2024, down by 40.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Los Alamitos, CA
How long does it take to sell a home in Los Alamitos, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 22 Days | +13.8% |
Summary: Homes in Los Alamitos had an average of 22 days on market in Dec 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Los Alamitos are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Los Alamitos; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.