Oakland Real Estate Market Activity and Trends

Current Market Statistics for Active Listings

There are currently 346 properties for sale and Oakland. Real estate prices are between $249,000 and $2,995,000. The median price for homes that are currently for sale is $713,167. Homes are selling for about $598 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

    Active - 228 New - 96 Price Change - 13 Active - Contingent - 6 Back on Market - 2 Active-Short Sale - 1

Median Price

$713,167

$249,000
Lowest Priced

$2,995,000
Highest Priced

Avg $/SQFT

$598

$276
Lowest

$1,008
Highest

Active Listings

346

Compared to 257 active listings at this time last year (Year-over-year)

Pending Sales

408

Compared to 141 active listings at this time last year (Year-over-year)

Oakland Real Estate Price Trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price.

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built Total Listings
Top/First $1,669,000 2,429 10 1952 236 Most Expensive 25% of properties
Upper/Second $1,042,500 1,588 10 1944 236 Upper-middle 25% of properties
Lower/Third $725,000 1,266 11 1950 236 Lower-middle 25% of properties
Bottom/Fourth $502,500 939 15 1952 236 Least expensive 25% of properties

Oakland Price/SQFT Trends

The median and average square foot price trends. The square foot price is one of the best ways to get a good rough estimate of your homes worth.

Oakland Price/SQFT Quartiles

If you try to use the average cost per foot to determine the approximate fair market value (FMV) of another property, you should be careful to understand a few key issues. First, the cost per foot tends to decrease as properties increase in size. In other words, the most expensive homes in Oakland, on a cost per foot basis, will tend to be the smallest properties. This is because economies of scale make larger properties less expensive on a cost per foot basis. You should adjust the cost per foot up or down if the subject property is smaller or larger than the average sized home in Oakland. The Home SQFT Price Quartiles chart helps give you a better understanding of sqft price and home size.

Quartile (# Listings) Sqft Range Avg. Sqft Price Median Price Avg. DOM
Largest 25% sqft (236) 1,872 - 6,336 $641 $1,610,000 11
Upper-middle 25% sqft (236) 1,328 - 1,868 $633 $962,000 11
Lower-middle 25% sqft (236) 1,014 - 1,324 $674 $745,500 10
Smallest 25% sqft (236) 392 - 1,013 $692 $539,500 13

Complete Active Residential Inventory

Below is all the properties currently for sale in Alameda, sorted by number of bedrooms.

Detached

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
0 1 $825,000 $825,000 1,134 $728
1 2 $583,500 $583,500 718 $798
2 72 $647,000 $650,156 1,006 $658
3 87 $849,000 $899,634 1,597 $571
4 42 $1,092,000 $1,216,610 2,286 $520
5 15 $1,249,000 $1,356,526 2,790 $481
6 4 $1,874,000 $1,636,750 4,064 $413
7 3 $1,199,000 $1,530,667 3,469 $440
8 2 $1,749,950 $1,749,950 3,339 $529
19 1 $2,995,000 $2,995,000 8,041 $372

Condo

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
0 2 $338,500 $338,500 416 $840
1 51 $521,000 $537,580 811 $693
2 41 $659,000 $689,446 1,108 $632
3 8 $754,000 $726,099 1,421 $497
4 2 $1,150,313 $1,150,313 2,405 $473

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 7 $649,000 $650,571 1,253 $540
3 4 $634,500 $619,250 1,480 $419
4 1 $899,000 $899,000 2,513 $358

Loft

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 1 $599,000 $599,000 1,153 $520

Oakland Real Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.