RE/MAX Accord's Market Report

Oakland, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA

Wed Aug 12 2020
This week the median list price for Oakland, CA is $749,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 299. 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.

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

Wed Aug 12 2020
This week the median list price for Oakland, CA is $749,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 299. 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.

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 $749,000
Per Square Foot $516
Days on Market 72
Price Decreased 22%
Price Increased 3%
Relisted 13%
Inventory 299
Median Rent $3,175
Most Expensive $5,998,888
Least Expensive $225,000
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,524,498 2,493 6,500 - 8,000 sqft 4 3 58 17 19 56
$890,000 1,537 0 - 4,500 sqft 3 2 95 21 27 79
$644,000 1,368 0 - 4,500 sqft 3 2 96 19 16 81
$465,000 1,052 0 - 4,500 sqft 3 2 96 18 17 71