In February 2025, Alamo Square saw a significant surge in home prices, rising 62.1% year-over-year to reach a median sale price of $1.5 million. This dramatic increase signals growing demand and heightened interest in the neighborhood. Homes in the area are also selling much faster, averaging just 18 days on the market compared to 34 days during the same period last year—a clear indication of a more competitive market. A total of 9 homes were sold in February, slightly up from 8 the previous year, showing steady transaction volume alongside accelerating price growth.

Alamo Square remains a highly competitive market where homes typically sell in just 24 days. Many properties attract multiple offers—some even with waived contingencies—reflecting strong buyer interest. On average, homes sell for about 2% above the list price and go pending in a little over three weeks. However, hot homes move even faster, often selling for up to 9% above asking and going under contract in as few as 14 days. This fast-paced environment highlights the need for buyers to act quickly and decisively.

As of February 2025, Alamo Square is firmly in a seller’s market, meaning demand is outpacing supply with more buyers actively searching than there are homes available. This imbalance puts sellers in a favorable position, often leading to competitive offers, faster sales, and properties selling above asking price—especially in a neighborhood as desirable as Alamo Square.