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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moraga is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Moraga, CA

How much do homes in Moraga, CA cost?

Median Sold Price

$1,667,500

$769/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,500(+1.1%)

Key Takeaway

Homes in Moraga have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Moraga was $1,667,500 in April 2024, up 1.1% from last year, and the median price per square foot was $769.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $410K$427K
+4.1%
2 $755K$740K
-2.0%
3 $1.3M$1.1M
-12.7%
4 $1.8M$1.9M
+6.1%
5+ $2.3M$2.1M
-8.2%

Summary: Moraga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 8.2%.

Median Sold Price Compared To Nearby Cities

Moraga
+1.1%
Central Contra Costa
-0.9%
Orinda
-2.3%
Lafayette
-7.6%

Housing Supply in Moraga, CA

How many homes are available in Moraga, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2835+25.0%

Summary: The Moraga real estate market had 35 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 44
0.0%
3 48
+100.0%
4 1414
0.0%
5+ 47
+75.0%

Summary: The Moraga 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moraga, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Moraga in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for Moraga, CA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days12 Days+22.8%

Summary: Homes in Moraga had an average of 12 days on market in Apr 2024, up by 22.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 11 homes were sold in Moraga; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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