RE/MAX Accord's Market Report

Oakland, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA

Tue May 05 2026
This week the median list price for Oakland, CA is $784,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has increased to 332. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Oakland, CA

Tue May 05 2026
This week the median list price for Oakland, CA is $784,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has increased to 332. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $784,000
Median Price of New Listings $888,500
Per Square Foot $505
Average Days on Market 87
Median Days on Market 35
Price Decreased 22%
Price Increased 3%
Relisted 8%
Inventory 332
Median Rent
Market Action 51
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high so watch the Market Action Index as an indicator of 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
$1,390,000 2,541 6,500 - 8,000 sqft 4 3 76 14 7 14
$900,000 1,781 4,500 - 6,500 sqft 3 2 86 13 19 35
$675,000 1,312 0 - 4,500 sqft 3 2 104 12 8 42
$479,000 1,020 0 - 4,500 sqft 2 1 102 3 11 56