OAKLAND, CA 94601

Thu Dec 12 2024
This week the median list price for Oakland, CA 94601 is $599,444 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 42. 

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. 

Thu Dec 12 2024
This week the median list price for Oakland, CA 94602 is $899,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has decreased to 31. 

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. 

Thu Dec 12 2024
This week the median list price for Oakland, CA 94603 is $598,000 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has decreased to 31. 

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.