Find luxury property, lofts, townhouses, condos, & homes for sale in Orinda, CA with the real estate agents & REALTORS® at Kelly Crawford Team.
The Orinda housing market is highly competitive. Last month, the median home sale price in Orinda was $1.9 million, reflecting a 3.6% decrease compared to the previous year. Meanwhile, the median price per square foot rose by 1.0% over the same period, reaching $808.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In October 2024, the median home price in Orinda dropped by 3.6% year-over-year, settling at $1.9 million. Homes in the area are taking slightly longer to sell, averaging 21 days on the market compared to just 16 days during the same period last year. This shift indicates a potential cooling in the market, with buyers exercising more caution or negotiating power. Additionally, the number of homes sold decreased to 18 from 22 last October, reflecting lower overall activity in the market. These trends suggest a shift toward a more balanced market after a period of heightened competition.
Orinda remains a highly competitive housing market. On average, homes sell in about 26 days, often receiving multiple offers, with some buyers even waiving contingencies to secure a deal. Most properties sell for approximately 1% above the list price and go pending within 26 days. However, "hot" homes, which attract significant buyer interest, can sell for as much as 8% above the list price and go pending in just 10 days, highlighting the intense demand for prime properties in the area.
In October 2024, Orinda, CA, was firmly a seller's market, indicating a higher demand for homes than the available inventory can accommodate. This imbalance gives sellers the upper hand, often leading to competitive bidding and favorable terms for those listing their properties.
Whether you're exploring the competitive Orinda market or have questions about buying a home, we're here to help! Contact us today to learn more about available properties, market trends, or how to secure your ideal home in this sought-after area. Don’t wait—your perfect property might be just a call away!
Thinking about making Orinda, CA your home? Dive into our detailed neighborhood guide to learn all about this charming community! From top-rated schools and local amenities to housing trends and hidden gems, our guide has everything you need to explore what makes Orinda a fantastic place to live. Start reading now and get inspired—your next adventure awaits!
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