Home Sales Fall in Oakland Real Estate Market

The Oakland market pulled back with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.4) with two homes sold. The median sales price rose dramatically to $202,500 over the latest reporting period for Oakland, up from $125,000. Oakland is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.

Trying to find a more traditional home in Oakland? Then check out these listings that were built before most others in the market:

$729K   $149K   $125K  

Get started right now by checking out Oakland homes for sale or reviewing Oakland real estate trends.

Demographic facts about Oakland:

  • The rating for this area for population growth is 45. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $9.22/$1,000.
  • The area's commuter length breakdown is: <15 min (71.2%), 15-29 min (15.9%), 30-44 min (7.0%), 45-59 min (1.9%), >60 min (3.9%).

Data reported through 10/12/2016

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Ask a local expert about this area:
Coldwell Banker Deep Creek Realty
Snapped 1 home in this area

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