Real Estate Market Update for 94501 (Alameda, CA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 38% from one year earlier, and up 5% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 850-thousand dollars. The number of units sold decreased 47% year-over-year, and decreased 28% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 94501 (Alameda, CA)
Area Information for 94501 (Alameda, CA)
  • Population: 61,537
  • Median Age: 41.15 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 7,759/sq mi
  • Population Change Since 2000: 5.08%
  • Closest Airport: Metropolitan Oakland International
  • Closest College: Argosy University-san Francisco Bay
  • Closest Jr. College: College Of Alameda
  • Median Household Income: $74,500
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $689,500
  • Closest Major Sports Team: Golden State Warriors
  • Change Avg. Household Income Since 2000: 41.75%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 94501 (Alameda, CA)
Median Age: 41.15 Married: 36% Number of Households: 25,610 Households with Children: 7,023
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 94501 (Alameda, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Island High (continuation) School 0.3 mi Public UNGRADE-UNGRADE 1 0
      Maya Lin School 0.3 mi Public K-5 3 0
      William G. Paden Elementary School 0.5 mi Public PRESCHOOL-5 4 0
      The Academy Of Alameda 0.5 mi Public 6-8 4 0
      Academy Of Alameda Elementary 0.5 mi Public K-5 0 0
      Alameda Community Learning Center 0.7 mi Public 6-12 5 0
      Nea Community Learning Center School 0.7 mi Public K-12 3 0
      Ruby Bridges Elementary School 0.7 mi Public K-5 3 0
      Encinal High School 0.7 mi Public 6-12 4 3
      Franklin Elementary School 1.0 mi Public K-5 4 0
      Will C. Wood Middle School 1.2 mi Public 6-8 3 4
      St. Joseph Elementary School 1.3 mi Catholic K-8 0 0
      Donald D. Lum Elementary School 1.3 mi Public K-5 4 0
      Children's Learning Center 1.3 mi Private 6-12 0 0
      Saint Joseph Notre Dame High School 1.4 mi Catholic 9-12 0 4
      Henry Haight Elementary School 1.5 mi Public K-5 3 0
      Applied Scholastics Academy 1.6 mi Private PRESCHOOL-7 0 0
      Bayside Montessori Association 1.6 mi Private PRESCHOOL-K 0 0
      Alameda High School 1.7 mi Public 9-12 5 4
      Alameda Science And Technology Institute 1.8 mi Public 9-12 5 3
      Alameda Adult 1.8 mi Public - 0 0
      The Child Unique Montessori School 1.8 mi Private PRESCHOOL-5 0 0
      Alameda Christian School 1.9 mi Private PRESCHOOL-8 0 0
      Edison Elementary School 2.4 mi Public PRESCHOOL-5 5 0
      Frank Otis Elementary School 2.5 mi Public K-5 4 0
      St. Philip Neri Elementary School 2.7 mi Catholic K-8 0 0
      Rising Star Montessori School 2.7 mi Private PRESCHOOL-5 0 0
      Lincoln Middle School 2.9 mi Public 6-8 5 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 94501 (Alameda, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.