RE/MAX Accord's Market Report

Orinda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Orinda, CA

Wed Oct 04 2023
This week the median list price for Orinda, CA is $2,348,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has decreased to 26. Click here to stay informed with the Orinda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Orinda, CA

Wed Oct 04 2023
This week the median list price for Orinda, CA is $2,348,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has decreased to 26. Click here to stay informed with the Orinda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Orinda market.
Median List Price $2,348,000
Median Price of New Listings $2,274,000
Per Square Foot $1,002
Average Days on Market 42
Median Days on Market 18
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 26
Median Rent
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
$4,597,500 4,351 0.5 - 1 acre 5 5 34 0 0 84
$2,970,000 2,897 0.5 - 1 acre 4 4 46 2 2 14
$2,225,000 2,713 0.25 - 0.5 acre 4 3 63 2 1 7
$1,595,000 1,591 0.25 - 0.5 acre 3 3 72 2 3 14