Is Oakley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Oakley has remained a Seller's Market.
Housing Prices in Oakley, CA
How much do homes in Oakley, CA cost?
Median Sold Price
$685,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oakley was $685,000 in May 2024, up 4.3% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | - | N/A |
2 Bedrooms | $468.9K | $445K | -5.1% |
3 Bedrooms | $600K | $617K | +2.8% |
4 Bedrooms | $687.5K | $717.5K | +4.4% |
5+ Bedrooms | $834K | $842.5K | +1.0% |
Summary: Oakley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Oakley | $656.5K | $685K | +4.3% |
Antioch | $604.6K | $620K | +2.5% |
Antioch-Pittsburg | $561.3K | $569.5K | +1.4% |
East Contra Costa | $747.2K | $750K | 0.4% |
Brentwood | $800K | $799.3K | -0.1% |
Housing Supply in Oakley, CA
How many homes are available in Oakley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
130 | 139 | +6.9% |
Summary: The Oakley real estate market had 139 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 37 | 41 | +10.8% |
4 Bedrooms | 59 | 63 | +6.8% |
5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Oakley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 48 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Oakley in May 2024, up by 33.3% month-over-month. Of the 48 sold homes, 27% were sold under asking, 10% were sold at asking, and 63% were sold over asking.
Days on Market for Oakley, CA
How long does it take to sell a home in Oakley, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 16 Days | -17.5% |
Summary: Homes in Oakley had an average of 16 days on market in May 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 48 homes were sold in Oakley; 73% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.