RE/MAX Accord's Market Report

Orinda, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Orinda, CA

Thu Feb 21 2019
This week the median list price for Orinda, CA is $2,054,362 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 38. Click here to stay informed with the Orinda 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 has started cooling and prices have been flat for several weeks. Since 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.

Orinda, CA

Thu Feb 21 2019
This week the median list price for Orinda, CA is $2,054,362 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 38. Click here to stay informed with the Orinda 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 has started cooling and prices have been flat for several weeks. Since 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 Orinda market.
Median List Price $2,054,362
Per Square Foot $601
Days on Market 75
Price Decreased 16%
Price Increased 5%
Relisted 16%
Inventory 38
Median House Rent $5,300
Most Expensive $3,750,000
Least Expensive $1,195,000
Market Action Index
Strong Seller's Market
45

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,100,000 4,360 1 - 2.5 acres 5 4 19 2 1 75
$2,295,000 3,881 0.5 - 1 acre 4 4 11 1 0 98
$1,774,000 2,864 0.25 - 0.5 acre 4 3 53 2 0 69
$1,422,500 2,473 0.5 - 1 acre 4 3 67 3 1 61