09/25/2026
Oakland home sales in August 2026 had a median sold price of $765,000 and a sold-to-list price ratio climbing to 113.06%, sellers have a strong position in today's market. The inventory is showing a slight monthly increase of 5.44%, yet a significant annual drop of 16.56%, making the 2.52 months supply of inventory a key consideration for timing your listing. Homes are moving quickly, with new pending listings at a median of 16 days in RPR and a median list price of $688,000. Landmarks like Lake Merritt and the Oakland Museum of California continue to enhance the city's vibrant appeal, adding value to the local market context. Considering these dynamics, now presents a promising opportunity for sellers to leverage competitive pricing and strategic staging. For a comprehensive Oakland-level CMA, reach out to Nichole Penland at eXp Realty, [email protected].