March 2024 Real Estate Report

Homes For Sale
489 Total
Homes For Sale
Homes added
301 Homes
Added to the Market
Homes For Sale
183 Homes
Sold
Compared to Previous Month
15%
More Homes For Sale
home chart
28%
More Homes Sold
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Last month in March, housing in Oakland, CA ended with 301 homes being added to the market for sale, for a cumulative monthly total of 489 homes for sale - up 15% compared to February. Oakland, CA had a total of 183 homes sold for the month - up 28% from the month prior.

Detached led the way in homes sold with a total of 147 - up 33%, while attached totaled 36 in closed sales - up 6% from the month of February. The number of detached properties sold under 1500 square feet totaled 58 for the month of March, while homes from 1500 to 2000 square feet recorded 43 sales and homes sized from 2000 to 2500 square feet had 23 sales. While homes from 2500 to 3000 square feet square feet recorded 9 homes sold and homes from 3000 to 3500 square feet had 8 sales, while homes in the 3500 to 4000 square feet range totaled 3 homes sold. Homes from 4000 to 4500 square feet had 2 sales and homes from 4500 to 5000 square feet had 1 sales. The following ranges for detached homes all had no sales: over 5500.

The number of attached homes sold under 1500 square feet numbered 28, attached homes in the square feet range of 1500 to 2000 recorded 5 sales and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. Attached properties from 2500 to 3000 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Oakland, CA?
March:
183 Homes Sold
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The last 12 month period for the city of Oakland, CA shows that the greatest number of homes were sold during the months of May 2023, February 2024 and March 2024. The months of May 2023, February 2024 and March 2024 had 142 - 132 and 183 homes sold, respectively, as compared to an average of 26 for the other months of the year.

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When do homes sell the fastest in Oakland, CA?
July:
14 Days On Market
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The last 12 month period for the city of Oakland, CA shows that homes sold the fastest during the months of June 2023, July 2023 and March 2024. The months of June 2023, July 2023 and March 2024 had 19 - 14 and 27 days on market, respectively, as compared to an average of 45 for the other months of the year.


Average Price Of Homes Sold In Oakland, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Oakland, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Oakland, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202431132183 - - - - - - - - - 346
2023678612612214229969979621
2022971132391801981841701791701321461101918
20211451511932182272482412001912182281822442
202082131117109841411851821891962141991829
201980971581791891551801441321741541531795
201864861491661562081641541261931641041734
201790801531341861811611821281711501411757
Average Days On Market (DOM) In Oakland, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024553127 - - - - - - - - - 38
202347303227291914493554398438
202230222016171621262522293824
202131221814131616171618202619
202034301717171616151616142019
201930121619141416171817222418
201842232122171921222123273324
201736382620162221222423202524
Average Days From List To Close Of Escrow In Oakland, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024935957 - - - - - - - - - 70
20237858595355534086621006911669
202270464641424349545047556851
202174575546464647474548545652
202080594349474348454852465351
201959444749403743434649525647
201873475448414647474548535951
201782715550424749485750495154
Number of homes added to the market in Oakland, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024235258301 - - - - - - - - - 794
202312214116614318218717620626612790371843
202217219120821818420516516518814474471961
2021158185221261229245216216221229114572352
20209316896116156190216199210279130921945
201913513817516320317316012621419672451800
201811014417716020915515115219315891501750
201797117164183184176170133194148100361702