Tue Oct 19 2021
This week the median list price for Orinda, CA is $2,310,600 with the market action index hovering around 85. This is an increase over last month's market action index of 77. Inventory has decreased to 14.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$2,310,600|
|Median Price of New Listings||$1,572,500|
|Per Square Foot||$740|
|Average Days on Market||37|
|Median Days on Market||7|
|Strong Seller's Market|
The value placed on homes appears to be on the upswing, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,895,000||4,600||0.5 - 1 acre||4||6||21||1||1||77|
|$3,350,000||3,708||0.5 - 1 acre||5||5||52||1||2||7|
|$2,097,500||3,078||0.5 - 1 acre||4||3||50||0||1||28|
|$1,447,500||1,975||0.5 - 1 acre||3||2||63||4||5||0|