RE/MAX Accord's Market Report

Oakland, CA 94605

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA 94605

Fri May 16 2025
This week the median list price for Oakland, CA 94605 is $775,500 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 82. Click here to stay informed with the Oakland market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Oakland, CA 94605

Fri May 16 2025
This week the median list price for Oakland, CA 94605 is $775,500 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 82. Click here to stay informed with the Oakland market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $775,500
Median Price of New Listings $799,999
Per Square Foot $499
Average Days on Market 84
Median Days on Market 35
Price Decreased 32%
Price Increased 5%
Relisted 7%
Inventory 82
Median Rent
Market Action 42
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$1,096,500 2,124 8,000 - 10,000 sqft 4 2.8 74 3 2 28
$867,000 1,715 4,500 - 6,500 sqft 3 2 75 4 4 38
$649,000 1,267 4,500 - 6,500 sqft 3 2 98 3 4 28
$499,999 1,080 0 - 4,500 sqft 2 1 100 1 1 56