RE/MAX Accord's Market Report

Oakland, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Oakland, CA

Thu Mar 28 2024
This week the median list price for Oakland, CA is $824,500 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has increased to 280. 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

Thu Mar 28 2024
This week the median list price for Oakland, CA is $824,500 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has increased to 280. 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 $824,500
Median Price of New Listings $899,000
Per Square Foot $558
Average Days on Market 69
Median Days on Market 28
Price Decreased 26%
Price Increased 3%
Relisted 11%
Inventory 280
Median Rent
Market Action 48
Strong Seller's Market

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
$1,399,500 2,471 4,500 - 6,500 sqft 4 3 76 22 15 17
$899,999 1,678 0 - 4,500 sqft 3 2 100 19 10 21
$699,000 1,300 0 - 4,500 sqft 3 2 101 14 7 35
$537,000 1,050 0 - 4,500 sqft 3 1 99 11 16 28