Alhambra Housing Market Report – May 2026

Here's a look at how the Alhambra, CA real estate market performed in May 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 37
  • Median Sale Price: $930,000
  • Average Sale Price: $991,540
  • Average Price Per Sq Ft: $605
  • Average Days on Market: 74
  • Sale-to-List Price Ratio: 101.3%

Month-Over-Month Trends

Compared to April, the median sale price in Alhambra moved 2.5% up (from $907,500 to $930,000). The number of homes sold was 15.6% up compared to the prior month (32 vs. 37). Average days on market shifted 34.5% up (55 days to 74 days).

Year-Over-Year Comparison

Compared to May 2025, the median sale price is 13.0% down (from $1,069,000 to $930,000). Sales volume is 27.6% up year-over-year.

What This Means

Alhambra's housing market is showing a cautiously optimistic picture as spring kicks into higher gear. While sales volume jumped notably from April, this appears partly attributable to improved data collection rather than a dramatic surge in buyer activity. The more telling indicator is that homes are selling above asking price, with a sale-to-list ratio of 101.3 percent, suggesting lingering buyer demand despite the year-over-year price decline of 13 percent. That significant annual dip from $1.069 million reflects the broader cooling that Southern California has experienced, though the month-over-month uptick of 2.5 percent hints that prices may be stabilizing.

The concerning trend here is lengthening days on market. At 74 days average, homes are sitting 34.5 percent longer than in April, which typically signals a shift toward more balanced market conditions favoring buyers. With 165 active listings available, inventory is healthy relative to sales, giving shoppers real options and negotiating leverage. The single-family home dominated market share at 18 of 37 sales, while the diverse property mix suggests Alhambra's appeal spans different buyer profiles. Overall, expect a moderately competitive but increasingly buyer-friendly environment as we move deeper into summer.

Alhambra Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
91801 27 $920,000 $555 79
91803 10 $1,035,000 $747 61

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 18 $950,000 $693
CONDOS 7 $800,000 $558
MULTI_FAMILY 7 $1,470,000 $505
TOWNHOMES 3 $850,000 $519
CONDO 1 $530,000 $569
OTHER 1 $700,000 $131

Sales by Price Range

Price Range Homes Sold
$300K - $399K 1
$400K - $499K 2
$500K - $749K 6
$750K+ 28

Current Active Listings

As of this report, there are 165 active listings in Alhambra with a median asking price of $958,000 and an average of 76 days on market.

Thinking About Selling Your Alhambra Home?

If you're a homeowner in Alhambra considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Alhambra and throughout Los Angeles County — get a no-obligation cash offer today.