RE/MAX Accord's Market Report

Oakland, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA

Fri Apr 19 2019
This week the median list price for Oakland, CA is $699,000 with the market action index hovering around 57. This is an increase over last month's market action index of 52. Inventory has held steady at or around 263. Click here to stay informed with the Oakland market!

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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Oakland, CA

Fri Apr 19 2019
This week the median list price for Oakland, CA is $699,000 with the market action index hovering around 57. This is an increase over last month's market action index of 52. Inventory has held steady at or around 263. Click here to stay informed with the Oakland market!

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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $699,000
Per Square Foot $511
Days on Market 62
Price Decreased 24%
Price Increased 7%
Relisted 13%
Inventory 263
Median House Rent $2,900
Most Expensive $3,680,000
Least Expensive $235,000
Market Action Index
Strong Seller's Market
57

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$1,295,000 2,336 4,500 - 6,500 sqft 4 3 68 15 18 47
$849,000 1,515 0 - 4,500 sqft 3 2 93 22 19 81
$599,000 1,167 0 - 4,500 sqft 3 2 96 13 17 67
$444,450 1,013 0 - 4,500 sqft 2 2 94 18 22 54