Real Estate Market Update for Alhambra, CA

Video: Real Estate Community Tour for Alhambra, CA

See Real estate community tour for Alhambra, CA
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 44% from one year earlier, and up 3% 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 660-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 56%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 560-thousand dollars. The number of units sold was consistent year-over-year, and decreased 26% 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 Alhambra, CA
Area Information for Alhambra, CA
  • Population: 85,903
  • Median Age: 40.52 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 11,257/sq mi
  • Population Change Since 2000: .92%
  • Closest Airport: Bob Hope
  • Closest College: Alliant International Univ-alhambra
  • Closest Jr. College: Platt College
  • Median Household Income: $55,837
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $519,000
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 42.89%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Alhambra, CA
Median Age: 40.52 Married: 38% Number of Households: 30,239 Households with Children: 8,509
    • 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 Alhambra, CA

      School Name Distance Type Grades School Rating Parent Rating
      William Northrup Elementary School 0.2 mi Public K-8 3 0
      Foothill Preparatory School 0.4 mi Private 9-12 0 0
      All Souls Elementary School 0.6 mi Catholic PRESCHOOL-5 0 0
      Marguerita Elementary School 0.6 mi Public K-8 4 0
      Century High School 0.6 mi Public 9-12 1 3
      Ramona Elementary School 0.7 mi Public K-8 4 4
      Alhambra High School 0.8 mi Public 9-12 4 3
      Park Elementary School 0.9 mi Public K-8 4 0
      Ramona Convent Secondary School 0.9 mi Catholic 9-12 0 3
      Oneonta Montessori School 0.9 mi Private PRESCHOOL-6 0 0
      Lily's Garden Preschool And Kindergarten 1.0 mi Private PRESCHOOL-K 0 0
      Granada Park Umc Nursery School And Kindergarten 1.1 mi Private PRESCHOOL-K 0 0
      Martha Baldwin Elementary School 1.1 mi Public K-8 5 0
      Emmaus Lutheran 1.1 mi Private PRESCHOOL-8 0 0
      Emery Park Elementary School 1.1 mi Public K-8 4 0
      Garfield Elementary School 1.2 mi Public K-8 4 0
      Leeway School 1.3 mi Private K-12 0 0
      Fremont Elementary School 1.3 mi Public K-8 3 0
      Childrens Montessori 1.4 mi Private PRESCHOOL-K 0 0
      Granada Elementary School 1.5 mi Public K-8 3 0
      Mark Keppel High School 1.5 mi Public 9-12 4 3
      Bell Tower Trilingual School 1.5 mi Private PRESCHOOL-6 0 0
      St. Thomas More Catholic Elementary School 1.5 mi Catholic PRESCHOOL-8 0 0
      Grace Garden Preschool 1.6 mi Private PRESCHOOL-K 0 0
      St. Therese School 1.8 mi Catholic K-8 0 0
      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 School Review data by
      Local Weather for Alhambra, 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.