New Downward Trend in Price Cuts for Oakland Real Estate Market

Sales in the Oakland market fell to 231 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 48 price reductions in the same time frame. As the number of sellers reducing prices trended lower, the median sales price also dropped, falling to $600,000, a nine-month low. In spite of the falling prices, a low one month of inventory signals that Oakland is still a definite seller's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Oakland:

$225K   $249K   $250K  

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

Demographic facts about Oakland:

  • The average elevation is 201 ft.
  • The median income per household is $48,571 in the area.
  • There are 1,517 students for every counselor. (513 = national average)

Data reported through 1/11/2017

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