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 April 2023

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.

Housing Prices in Oakley, CA

How much do homes in Oakley, CA cost?

Median Sold Price

$680,250

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,250(+3.1%)

Key Takeaway

Homes in Oakley have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Oakley was $680,250 in April 2024, up 3.1% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $475K-
N/A
2 $475K$450K
-5.3%
3 $604K$616K
+2.0%
4 $690K$710K
+2.9%
5+ $845K$838K
-0.8%

Summary: Oakley 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 decreased by 5.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Oakley
+3.1%
Antioch
+2.9%
Antioch-Pittsburg
+0.7%
East Contra Costa
0%
Brentwood
-1.3%

Housing Supply in Oakley, CA

How many homes are available in Oakley, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98124+26.5%

Summary: The Oakley real estate market had 124 homes for sale in April 2024, a 26.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 3437
+8.8%
4 4155
+34.1%
5+ 1927
+42.1%

Summary: The Oakley 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 25%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes increased by 42.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1836+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

23 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. 69.7% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Oakley in April 2024, up by 100.0% month-over-month. Of the 33 sold homes, 24% were sold under asking, 6% were sold at asking, and 70% 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

Apr 2023Apr 2024CHANGE
26 Days28 Days+6.1%

Summary: Homes in Oakley had an average of 28 days on market in Apr 2024, up by 6.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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.

Summary: During April 2024, 36 homes were sold in Oakley; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

Newest Listings in Oakley, CA

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