RealTrends Market Report

Oakland, CA

Single-Family Homes

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Oakland, CA

Wed Jun 10 2026
This week the median list price for Oakland, CA is $799,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has increased to 380. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Oakland, CA

Wed Jun 10 2026
This week the median list price for Oakland, CA is $799,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has increased to 380. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $799,000
Median Price of New Listings $849,000
Per Square Foot $514
Average Days on Market 89
Median Days on Market 46
Price Decreased 22%
Price Increased 5%
Relisted 8%
Inventory 380
Median Rent
Market Action 47
Strong Seller's Market

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,359,000 2,452 6,500 - 8,000 sqft 4 3 76 15 14 21
$895,000 1,772 4,500 - 6,500 sqft 3 2 91 10 4 35
$689,000 1,307 0 - 4,500 sqft 3 2 103 14 11 42
$495,000 1,021 0 - 4,500 sqft 2 1 102 8 10 91