Peninsula Estates
Alameda County
Jump to Alameda County Report
What’syourhome reallyworthin today’smarket?
That's the question you should be asking yourself.
Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.
So, do you know what your home is worth in today's market?
Icanhelp...
Contact me for a confidential, no obligation assessment of your home's value.
WhatEveryHomeownerShould KnowAboutTheirEquity
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.
Here’s a deeper look at what you need to know if you’re ready to cash in on your investment and put your equity toward your next home.
Home Equity: What Is It and How Much Do You Have?
Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is worth $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.
Alameda County
What's in the Alameda data?
There were 2,096 single-family homes for sale, providing 1.6 months of inventory. There were 919 new listings, and 749 homes sold at a median price of $1.2m. The median overbid percentage was at 105.6%, with an average of 23 days on the market.
There were 971 condo and townhome units for sale, providing 2.5 months of inventory. There were 338 new listings and 215 units sold at a median sale price of $725k. The median overbid percentage was at 100 4%, with an average of 36 days on the market.
He-Family Homes
9 ings
749 Sold Listings
6 of Inventory
$1.2M Median Sale Price
5.6% Sale vs List
23 Avg Days on Market
sourced from Broker Metrics, includes all single-family homes, condos and in Alameda, Albany, Berkeley, Castro Valley, Emeryville, Fremont, Hayward, leasanton, San Leandro, Oakland, 94601, 94602, 94603, 94605, 94606, 94607, 94609, 94610, 94611, 94612, 94618, 94619, and 94705 from July 2023 to July may include preliminary data, and may vary from the time the data was data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.
338
New Listings
215 Sold Listings
2.5
Months of Inventory $725K
100.4%
Median Sale Price
Median Sale vs List 36 Avg Days on Market
AlamedaCounty
JULY 2023 - JULY 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 26m last July 2023, to $1 28m as of July 2024
Condos & Townhomes
The median sale price has decreased from $739k last July 2023, to $725k as of July 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 20 days last July 2023, to 23 days as of July 2024
Condos & Townhomes
The average time spent on the market went up from 24 days in July 2023, to 36 days as of July 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 107 1% last July 2023, to 105 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.4% last July 2023, to 100.4% a year later.
