Is Orinda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Orinda was a Buyer's Market.
Housing Prices in Orinda, CA
How much do homes in Orinda, CA cost?
Median Sold Price
$1,975,000
$813/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Orinda was $1,975,000 in February 2024, down 6% from last year, and the median price per square foot was $813.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | $485K | -4.9% |
2 Bedrooms | $1.3M | $1.2M | -3.3% |
3 Bedrooms | $1.7M | $1.6M | -4.1% |
4 Bedrooms | $2.3M | $2.1M | -7.6% |
5+ Bedrooms | $2.8M | $2.7M | -5.0% |
Summary: Orinda housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
Moraga | $1.6M | $1.6M | +2.9% |
Briones | $930K | $950K | +2.2% |
Central Contra Costa | $1.0M | $976K | -4.0% |
Orinda | $2.1M | $1.9M | -6.0% |
Lafayette | $1.9M | $1.8M | -8.7% |
Housing Supply in Orinda, CA
How many homes are available in Orinda, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
24 | 35 | +45.8% |
Summary: The Orinda real estate market had 35 homes for sale in February 2024, a 45.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Orinda housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 14 | +180.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Orinda in February 2024, up by 180.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
29 Days | 31 Days | +7.6% |
Summary: Homes in Orinda had an average of 31 days on market in Feb 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in Orinda; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.