Alamo Housing Market Report – July 2026
Here's a look at how the Alamo, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 17
- Median Sale Price: $2,800,000
- Average Sale Price: $3,151,353
- Average Price Per Sq Ft: $853
- Average Days on Market: 42
- Sale-to-List Price Ratio: 101.1%
Month-Over-Month Trends
Compared to June, the median sale price in Alamo moved 5.7% down (from $2,970,469 to $2,800,000). The number of homes sold was 19.0% down compared to the prior month (21 vs. 17). Average days on market shifted 6.7% down (45 days to 42 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 11.1% down (from $3,150,000 to $2,800,000). Sales volume is 13.3% up year-over-year.
What This Means
Alamo's luxury market is showing signs of softening as we head into late summer. The median price dropped 5.7% month-over-month to $2.8 million, and year-over-year we're seeing an 11.1% decline from last July's $3.15 million. While the sale-to-list ratio of 101.1% suggests homes are still fetching slightly above asking, the broader price trajectory indicates cooling demand in this ultra-premium segment. With 42 days on market, homes are moving reasonably quickly, though inventory is accumulating—53 active listings represent a meaningful supply level for this market tier.
The slowdown likely reflects broader economic headwinds affecting high-net-worth buyers. Rising interest rates and market uncertainty have made even affluent purchasers more cautious about jumbo purchases. July's 19% drop in sales volume from June suggests seasonal weakness typical of summer months, when many wealth-tier buyers are traveling or less focused on real estate decisions. The gap between the median and average sale price ($2.8M vs. $3.15M) hints that lower-priced homes within Alamo's range are moving, while ultra-premium properties may be stalling.
For sellers, the current environment demands realistic pricing. With inventory building and days on market gradually increasing, the days of bidding wars appear behind us. It's a buyer's market compared to prior years, though still exclusive given the price point.
Alamo Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94507 | 17 | $2,800,000 | $853 | 42 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 17 | $2,800,000 | $853 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 17 |
Current Active Listings
As of this report, there are 53 active listings in Alamo with a median asking price of $2,995,000 and an average of 80 days on market.
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