RE/MAX Accord's Market Report

Orinda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Orinda, CA

Fri Apr 26 2024
This week the median list price for Orinda, CA is $2,447,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has increased to 26. Click here to stay informed with the Orinda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Orinda, CA

Fri Apr 26 2024
This week the median list price for Orinda, CA is $2,447,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has increased to 26. Click here to stay informed with the Orinda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Orinda market.
Median List Price $2,447,000
Median Price of New Listings $2,495,000
Per Square Foot $874
Average Days on Market 34
Median Days on Market 14
Price Decreased 27%
Price Increased 0%
Relisted 8%
Inventory 26
Median Rent
Market Action 56
Strong Seller's Market

The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,240,000 5,943 1 - 2.5 acres 5 6 33 3 0 21
$2,747,500 3,282 0.5 - 1 acre 4 4 63 2 0 17
$2,395,000 2,878 0.25 - 0.5 acre 4 3 60 1 0 21
$1,995,000 1,954 0.5 - 1 acre 4 3 72 4 4 0