Alhambra Housing Market Report – March 2026
Here's a look at how the Alhambra, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 21
- Median Sale Price: $950,000
- Average Sale Price: $1,086,571
- Average Price Per Sq Ft: $612
- Average Days on Market: 94
- Sale-to-List Price Ratio: 102.0%
Month-Over-Month Trends
Compared to February, the median sale price in Alhambra moved 11.7% up (from $850,555 to $950,000). The number of homes sold was 16.0% down compared to the prior month (25 vs. 21). Average days on market shifted 16.0% up (81 days to 94 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 8.0% up (from $880,000 to $950,000). Sales volume is 32.3% down year-over-year.
What This Means
Alhambra's real estate market is sending mixed signals this March. While median prices continue climbing—up 11.7% month-over-month to $950,000—buyer activity has noticeably cooled, with sales dropping 16% from February and down a significant 32% year-over-year. This divergence suggests we're in a classic seller's market correction. Homes are still selling above list price (102% ratio), indicating underlying demand, but fewer transactions overall point to buyers becoming more selective or priced out at current levels.
The growing inventory and lengthening days on market tell the real story. Active listings jumped to 132 units, and homes now spend an average of 94 days finding buyers, up from 81 days last month. This is the opposite of the typical spring surge we'd expect in late March, when seasonal demand usually kicks in. Higher interest rates and the psychological impact of crossing the million-dollar threshold are likely keeping many would-be buyers on the sidelines.
For sellers, the news is moderately positive but patience is required. You'll still get competitive pricing, but you can't assume a quick sale anymore. Buyers finally have some leverage again after years of being shut out, making this perhaps the most balanced market Alhambra has seen in quite some time.
Alhambra Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91801 | 17 | $1,050,000 | $632 | 97 |
| 91803 | 4 | $880,000 | $524 | 77 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 8 | $736,500 | $580 |
| SINGLE_FAMILY | 7 | $1,088,000 | $730 |
| MULTI_FAMILY | 4 | $1,825,000 | $467 |
| TOWNHOMES | 2 | $1,142,500 | $613 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 3 |
| $750K+ | 17 |
Current Active Listings
As of this report, there are 132 active listings in Alhambra with a median asking price of $869,500 and an average of 73 days on market.
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