Is Alpine, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Alpine has remained a Seller's Market.
Housing Prices in Alpine, CA
How much do homes in Alpine, CA cost?
Median Sold Price
$947,500
$454/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Alpine was $947,500 in May 2024, up 6.6% from last year, and the median price per square foot was $454.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $412K | $390K | -5.3% |
2 Bedrooms | $430K | $560.5K | +30.3% |
3 Bedrooms | $830K | $885K | +6.6% |
4 Bedrooms | $1.0M | $1.0M | +4.8% |
5+ Bedrooms | $1.1M | $1.2M | +5.4% |
Summary: Alpine housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Jamul | $950K | $1.1M | +21.1% |
Alpine | $889K | $947.5K | +6.6% |
Laguna-Pine Valley | $618.7K | $636K | +2.8% |
Housing Supply in Alpine, CA
How many homes are available in Alpine, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 54 | +5.9% |
Summary: The Alpine real estate market had 54 homes for sale in May 2024, a 5.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Alpine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Alpine in May 2024, down by 35.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 12 Days | -74.4% |
Summary: Homes in Alpine had an average of 12 days on market in May 2024, down by 74.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Alpine; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.