Your Real Estate Market Update

Oakland, CA 94607

Single-Family Homes

The Most Powerful Market Insights from Arcus Homes



Oakland, CA 94607

Sun May 26 2024
This week the median list price for Oakland, CA 94607 is $800,001 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 21. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Oakland, CA 94607

Sun May 26 2024
This week the median list price for Oakland, CA 94607 is $800,001 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 21. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $800,001
Median Price of New Listings $710,000
Per Square Foot $466
Average Days on Market 78
Median Days on Market 56
Price Decreased 29%
Price Increased 14%
Relisted 14%
Inventory 21
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,050,000 2,081 0 - 4,500 sqft 3 3 129 0 0 21
$834,000 1,468 0 - 4,500 sqft 3 2 133 0 1 42
$799,000 1,552 0 - 4,500 sqft 4 3 135 0 0 56
$662,000 1,528 0 - 4,500 sqft 3 2 116 1 1 87