Intero's Market Report

Oakland, CA

Single-Family Homes



Oakland, CA

Wed Sep 22 2021
This week the median list price for Oakland, CA is $750,000 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 347. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Sep 22 2021
This week the median list price for Oakland, CA is $750,000 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 347. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $750,000
Median Price of New Listings $799,999
Per Square Foot $564
Average Days on Market 38
Median Days on Market 21
Price Decreased 22%
Price Increased 5%
Relisted 5%
Inventory 347
Median Rent $3,500
Market Action 65
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices 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
$1,396,500 2,423 6,500 - 8,000 sqft 4 3 85 31 19 14
$895,000 1,636 0 - 4,500 sqft 3 2 96 32 23 14
$679,000 1,109 0 - 4,500 sqft 2 1 97 30 12 28
$514,950 952 0 - 4,500 sqft 2 1 96 16 11 28