Is Orinda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Orinda has remained a Seller's Market.
Housing Prices in Orinda, CA
How much do homes in Orinda, CA cost?
Median Sold Price
$2,000,000
$813/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Orinda was $2,000,000 in May 2024, up 1% from last year, and the median price per square foot was $813.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $515K | $455K | -11.7% |
2 Bedrooms | $1.1M | $1.2M | +7.8% |
3 Bedrooms | $1.6M | $1.6M | 0.0% |
4 Bedrooms | $2.1M | $2.1M | -2.0% |
5+ Bedrooms | $2.8M | $2.6M | -10.0% |
Summary: Orinda housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 7.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
Moraga | $1.6M | $1.6M | +3.4% |
Central Contra Costa | $979.5K | $1.0M | +2.1% |
Orinda | $1.9M | $2.0M | +1.0% |
Briones | $913.5K | $920K | +0.7% |
Lafayette | $1.9M | $1.8M | -6.6% |
Housing Supply in Orinda, CA
How many homes are available in Orinda, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 72 | +22.0% |
Summary: The Orinda real estate market had 72 homes for sale in May 2024, a 22.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 17 | 25 | +47.1% |
Summary: The Orinda housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 47.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 22 | -12.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Orinda in May 2024, down by 12.0% month-over-month. Of the 22 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 11 Days | -27.2% |
Summary: Homes in Orinda had an average of 11 days on market in May 2024, down by 27.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Orinda; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.