RE/MAX Accord's Market Report

Oakland, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA

Sun Nov 01 2026
This week the median list price for Oakland, CA is $798,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 377. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Oakland, CA

Sun Nov 01 2026
This week the median list price for Oakland, CA is $798,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 377. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $798,000
Median Price of New Listings $899,000
Per Square Foot $518
Average Days on Market 85
Median Days on Market 42
Price Decreased 25%
Price Increased 3%
Relisted 10%
Inventory 377
Median Rent
Market Action 47
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,400,000 2,301 4,500 - 6,500 sqft 4 3 75 14 9 35
$899,000 1,702 4,500 - 6,500 sqft 3 2 94 14 14 31
$695,000 1,314 0 - 4,500 sqft 3 2 101 12 10 56
$475,000 1,021 0 - 4,500 sqft 2 1 102 6 11 84