Intero's Market Report

Oakland, CA 94601

Single-Family Homes



Oakland, CA 94601

Sun Mar 03 2024
This week the median list price for Oakland, CA 94601 is $647,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has increased to 36. 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oakland, CA 94601

Sun Mar 03 2024
This week the median list price for Oakland, CA 94601 is $647,000 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has increased to 36. 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 Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $647,000
Median Price of New Listings $639,499
Per Square Foot $483
Average Days on Market 108
Median Days on Market 49
Price Decreased 33%
Price Increased 6%
Relisted 14%
Inventory 36
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$800,000 1,652 0 - 4,500 sqft 3 2 102 1 0 42
$699,000 1,423 0 - 4,500 sqft 3 2 101 1 2 42
$580,000 1,250 4,500 - 6,500 sqft 3 2 100 2 1 14
$512,000 1,050 0 - 4,500 sqft 3 1 114 0 0 70