Is Oakley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakley is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Oakley has remained a Seller's Market.

Key Takeaway

Oakley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Oakley, CA cost?

Median Sold Price

$650,266

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

-$50,670(-7.2%)

Key Takeaway

Homes in Oakley have sold for 7.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $385K-
N/A
2 $507.5K$468.9K
-7.6%
3 $615K$600K
-2.4%
4 $741.1K$682.5K
-7.9%
5+ $839K$840K
0.1%

Median Sold Price Compared To Nearby Cities

Antioch-Pittsburg
-3.4%
Brentwood
-4.5%
East Contra Costa
-4.5%
Antioch
-4.7%
Oakley
-7.2%

How many homes are available in Oakley, CA?

Number of Homes For Sale

Apr 2023May 2023%
9084-6.7%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 34
+33.3%
3 2626
0.0%
4 3729
-21.6%
5+ 2425
+4.2%

Number of Homes Sold

Apr 2023May 2023%
3233+3.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakley, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

How long does it take to sell a home in Oakley, CA?

How long does it take to sell a home in Oakley, CA?

Average Sale Time

May 2022May 2023%
10 Days20 Days+99.1%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oakley are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Oakley, CA?

About Oakley, CA

Homes for sale in Oakley, CA have reached 84. In May 2023 in Oakley, CA there were 6.7% less homes for sale than in April 2023. In May 2023 median list price was $650,266 and the average listing age was 20 days. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 7.6% more cheaper, the cost of 3 bedrooms properties went down by 2.4%, 4 bedrooms properties prices decreased by 7.9%, the cost of 5 bedrooms properties went up by 0.1%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory did not change, 4 bedrooms homes became 21.6% less available, 5 bedrooms homes inventory increased by 4.2%. Over 20 listings were sold over their listed price in May 2023 in Oakley, CA. In the same period over 5 listings were sold below the listed price and 7 listings were sold for the listed price.