Scott Ward's Market Update

Oakland, CA 94619

Single-Family Homes

Scott Ward Real Estate | www.scottward.me | scott@scottward.me



Oakland, CA 94619

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Oakland, CA 94619

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $649,949
Per Square Foot $506
Days on Market 72
Price Decreased 25%
Price Increased 0%
Relisted 25%
Inventory 12
Median House Rent $2,975
Most Expensive $899,000
Least Expensive $555,998
Market Action Index
Strong Seller's Market
60

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$888,000 1,360 4,500 - 6,500 sqft 3 2 94 0 0 67
$675,000 1,248 0 - 4,500 sqft 3 2 95 1 1 102
$625,000 1,272 0 - 4,500 sqft 2 2 96 1 1 51
$588,000 1,208 0 - 4,500 sqft 4 2 97 1 0 70