“Success is loving life and daring to live it.” Maya Angelou
“Success is loving life and daring to live it.” Maya Angelou
Thu Dec 12 2024
This week the median list price for Alameda, CA 94501 is $1,305,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has decreased to 16.
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Current active inventory in Alameda, CA 94502 is very low. Keep this in mind when looking at this report.
Thu Dec 12 2024
This week the median list price for Alameda, CA 94502 is $1,649,000 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has decreased to 3.
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.