Intero's Market Report

Oakland, CA

Single-Family Homes



Oakland, CA

Thu Feb 29 2024
This week the median list price for Oakland, CA is $799,924 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 252. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Oakland, CA

Thu Feb 29 2024
This week the median list price for Oakland, CA is $799,924 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has increased to 252. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Oakland market.
Median List Price $799,924
Median Price of New Listings $827,500
Per Square Foot $561
Average Days on Market 81
Median Days on Market 42
Price Decreased 28%
Price Increased 10%
Relisted 19%
Inventory 252
Median Rent
Market Action 50
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,495,000 2,468 4,500 - 6,500 sqft 4 3 89 19 12 28
$949,900 1,647 0 - 4,500 sqft 3 2 100 12 8 42
$679,000 1,288 0 - 4,500 sqft 3 2 102 15 12 42
$525,000 1,034 0 - 4,500 sqft 2 1 99 12 10 49