Your Real Estate Market Update

Oakland, CA 94621

Single-Family Homes

The Most Powerful Market Insights from Arcus Homes



Oakland, CA 94621

Thu Jan 20 2022
This week the median list price for Oakland, CA 94621 is $499,950 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 14. 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

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.

Oakland, CA 94621

Thu Jan 20 2022
This week the median list price for Oakland, CA 94621 is $499,950 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 14. 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

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 Oakland market.
Median List Price $499,950
Median Price of New Listings $500,000
Per Square Foot $508
Average Days on Market 107
Median Days on Market 49
Price Decreased 0%
Price Increased 7%
Relisted 7%
Inventory 14
Median Rent
Market Action 59
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$599,000 1,177 0 - 4,500 sqft 2 2 97 1 1 21
$595,000 1,170 0 - 4,500 sqft 3 2 97 1 1 84
$498,950 999 0 - 4,500 sqft 2 1 88 2 1 3
$417,500 852 0 - 4,500 sqft 2 1 98 1 0 217