Intero's Market Report

Oakland, CA 94610

Single-Family Homes



Oakland, CA 94610

Mon Oct 07 2024
This week the median list price for Oakland, CA 94610 is $1,397,500 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 22. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 94610

Mon Oct 07 2024
This week the median list price for Oakland, CA 94610 is $1,397,500 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 22. 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

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,397,500
Median Price of New Listings $1,198,000
Per Square Foot $658
Average Days on Market 60
Median Days on Market 32
Price Decreased 32%
Price Increased 5%
Relisted 14%
Inventory 22
Median Rent
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,869,000 2,526 6,500 - 8,000 sqft 4 3 98 0 0 42
$1,689,000 2,153 4,500 - 6,500 sqft 4 3 99 1 0 21
$1,342,000 2,139 4,500 - 6,500 sqft 3 2 98 1 1 42
$1,048,999 1,759 4,500 - 6,500 sqft 3 2 101 1 2 31