Alhambra Real Estate Market Report

The Alhambra, CA real estate market is currently classified as a buyer's market. The median asking price is $837K, down 10.3% over the past 30 days.

There are currently 100 active listings. Inventory has increased 75.4% compared to last month.

Currently, listings spend an average of 57 days on market and the average price per square foot is $624.

Detached properties make up the largest share of the Alhambra market at 31% of active listings with an average price of $1.1M. Condo listings follow at 56% (avg $760K).

Sales Activity & Absorption

Volume

100
Active
57
Avg DOM
43
New (30d)
10
New (7d)

Market Signals

22
Price Cuts (30d)
10
New (7d)
0%
Sell-Through
10
New (7d)

43 new listings appeared in the past month, 22 sellers reduced their asking price.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $837K, 20% down, 25yr amortization
$3,893/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Alhambra market currently has 100 active listings with a median price of $837K.

  • Prices declining (-10.3% in 30 days)
  • High price reduction rate (22% of listings)
  • Low sell-through rate (0%)
  • Slow-moving market (57 avg days on market)
  • Average price per square foot is $624

For Buyers

With more inventory and less competition, buyers in Alhambra have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 10 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 22 listings have reduced their price in the past 30 days. The current sell-through rate is 0%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Carlos Escaba with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.