Is Orinda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Orinda has remained a Seller's Market.
Housing Prices in Orinda, CA
How much do homes in Orinda, CA cost?
Median Sold Price
$1,955,000
$815/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orinda was $1,955,000 in April 2024, down 2.3% from last year, and the median price per square foot was $815.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $485K | N/A |
2 Bedrooms | $1.2M | $1.2M | +3.3% |
3 Bedrooms | $1.6M | $1.6M | -2.7% |
4 Bedrooms | $2.2M | $2.1M | -3.9% |
5+ Bedrooms | $2.9M | $2.6M | -7.8% |
Summary: Orinda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
Moraga | $1.6M | $1.6M | +1.1% |
Central Contra Costa | $991.9K | $983.3K | -0.9% |
Briones | $930K | $915K | -1.6% |
Orinda | $2.0M | $1.9M | -2.3% |
Lafayette | $1.9M | $1.8M | -7.6% |
Housing Supply in Orinda, CA
How many homes are available in Orinda, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 63 | +16.7% |
Summary: The Orinda real estate market had 63 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Orinda housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Orinda in April 2024, up by 47.1% month-over-month. Of the 25 sold homes, 20% were sold under asking, 8% were sold at asking, and 72% were sold over asking.
Days on Market for Orinda, CA
How long does it take to sell a home in Orinda, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 16 Days | -33.4% |
Summary: Homes in Orinda had an average of 16 days on market in Apr 2024, down by 33.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Orinda; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.