Orinda Real Estate Market Sees Home Sales Down

The Orinda market slowed with a 26.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 18.1 monthly average with 14 homes sold. In comparison, nearby Oakland had 231 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $1,395,000, down from last week's $1,475,000. In spite of the decrease in sales, a low two months of inventory signals that Orinda is a strong seller's market.

If you're looking for a more established home, then be sure to see these listings in Orinda that were built before most others in the market:

$1.9M   $1.8M   $1.8M  

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

Demographic facts about Orinda:

  • This area has a lifestyle rating of 89. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 66.3% of all commuters, while carpools account for 6.6%, and public transit makes up 15.2%.

Data reported through 1/11/2017

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Joseph Real Estate
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Coldwell Banker
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