Is Orinda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Orinda was a Seller's Market.
Housing Prices in Orinda, CA
How much do homes in Orinda, CA cost?
Median Sold Price
$2,005,500
$813/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Orinda was $2,005,500 in June 2024, up 5.4% from last year, and the median price per square foot was $813.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $515K | $455K | -11.7% |
2 Bedrooms | $1.0M | $1.2M | +12.2% |
3 Bedrooms | $1.6M | $1.6M | 0.0% |
4 Bedrooms | $2.1M | $2.1M | -1.1% |
5+ Bedrooms | $2.7M | $2.6M | -2.3% |
Summary: Orinda housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 12.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
Orinda | $1.9M | $2.0M | +5.4% |
Central Contra Costa | $972.2K | $1.0M | +3.0% |
Moraga | $1.6M | $1.6M | +1.5% |
Briones | $913.5K | $920K | +0.7% |
Lafayette | $1.9M | $1.8M | -5.3% |
Housing Supply in Orinda, CA
How many homes are available in Orinda, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
65 | 80 | +23.1% |
Summary: The Orinda real estate market had 80 homes for sale in June 2024, a 23.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 23 | 33 | +43.5% |
5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Orinda housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
23 | 13 | -43.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Orinda in June 2024, down by 43.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
12 Days | 16 Days | +30.4% |
Summary: Homes in Orinda had an average of 16 days on market in Jun 2024, up by 30.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in Orinda; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.