RE/MAX Accord's Market Report
Oakland, CA 94608
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Oakland, CA 94608
Tue Apr 07 2026
This week the median list price for Oakland, CA 94608 is $799,000 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has increased to 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $799,000 | |
| Median Price of New Listings | $749,000 | |
| Per Square Foot | $523 | |
| Average Days on Market | 74 | |
| Median Days on Market | 21 | |
| Price Decreased | 21% | |
| Price Increased | 0% | |
| Relisted | 16% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 45 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $975,000 | 1,783 | 0 - 4,500 sqft | 4 | 2 | 104 | 0 | 1 | 35 |
| $825,000 | 1,772 | 0 - 4,500 sqft | 3 | 2 | 110 | 1 | 1 | 7 |
| $749,000 | 1,344 | 0 - 4,500 sqft | 4 | 2 | 115 | 2 | 0 | 7 |
| $551,000 | 813 | 0 - 4,500 sqft | 2 | 2 | 108 | 0 | 0 | 168 |