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Oakland City Wire

Sunday, November 24, 2024

Alameda County home prices fell in the second half of 2022

Realestate2

The median sale price of a home sold in the second half of 2022 in Alameda County fell by $10,000 while total sales decreased by 37.2%.

From July through December of 2022, there were 5,569 homes sold, with a median sale price of $975,000 - a 1% decrease from the $985,000 median sale price for the same period of the previous year. There were 8,872 homes sold in Alameda County in the second half of 2021.

The median sales tax in Alameda County for the most recent year with available data, 2021, was $6,683 approximately 0.7% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Alameda County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$985000$985000$1075000$1075000$975000$975000

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