RE/MAX Accord's Market Report
Moraga, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Moraga, CA
Thu Apr 18 2024
This week the median list price for Moraga, CA is $1,975,000 with the market action index hovering around 71. This is an increase over last month's market action index of 68. Inventory has increased to 8.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $1,975,000 | |
| Median Price of New Listings | $1,875,000 | |
| Per Square Foot | $869 | |
| Average Days on Market | 39 | |
| Median Days on Market | 0 | |
| Price Decreased | 13% | |
| Price Increased | 0% | |
| Relisted | 25% | |
| Inventory | 8 | |
| Median Rent | ||
| Market Action | 71 | |
| 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.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,472,500 | 3,270 | 8,000 - 10,000 sqft | 4 | 3 | 33 | 1 | 0 | 38 |
| $2,135,000 | 2,758 | 0.25 - 0.5 acre | 4 | 3 | 56 | 1 | 0 | 91 |
| $1,787,500 | 1,994 | 0.25 - 0.5 acre | 3 | 2 | 60 | 1 | 0 | 28 |
| $1,462,500 | 1,506 | 0.25 - 0.5 acre | 3 | 2.5 | 65 | 2 | 1 | 0 |