Monthly market wrap MONTHLY MARKET WRAP Oakland All home types · May 2026 Oakland held steady in May: the key market signals were mixed. Median sale price $928K ▲ +7.8% vs Apr Time to pending 20d ▲ 1 day slower vs Apr Sold over asking 71% ▲ +3 pts vs Apr Active listings 691 ▲ +0.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Oakland All home types · May 2026 Bidding wars are the norm in Oakland: 71% of homes sold over asking. 113.7% average sale price vs. asking price Sold over asking 71% vs. a year ago +4 pts 110.5% 106.4% 102.3% Sold at asking price 113.7% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Oakland All home types · May 2026 Oakland homes are closing +13.7% above asking. The list price is the floor, not the ceiling. +$113K median sale price minus asking price Median asking price $815K Median sale price $928K $868K $763K $658K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Oakland All home types · May 2026 Oakland home values are climbing, up +8.8% in a year. $928K median sale price Year over year +8.8% Homes sold last month 252 $931K $840K $749K $928K Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Oakland All home types · May 2026 The typical Oakland home goes pending in 20 days, 3 days faster than last year. 20 days median time to pending Gone within two weeks 38% vs. a year ago 3 days faster 58d 39d 19d 20d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Oakland All home types · May 2026 Oakland inventory is down 29.8% year over year, keeping buyer choice tight. 691 active listings Year over year -29.8% Months of supply 2.7 957 766 574 691 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Oakland? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Oakland All home types · May 2026 22% of Oakland listings cut their asking price last month, down 5 pts from a year ago. 22% of active listings cut their asking price vs. a year ago -5 pts Active listings 691 24% 21% 17% 22% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Oakland All home types · May 2026 Oakland moves at two speeds: 38% of homes were gone inside two weeks while the rest sat longer. 38% of listings went pending within two weeks Median time to pending 20 days vs. a year ago +9 pts 43% 31% 18% Half of listings 38% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Oakland All home types · May 2026 January is historically Oakland's calmest month for buyers: 7.4 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -7.4 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -4.7 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Oakland All home types · May 2026 Oakland home values are up +46% over the past 10 years. +46% median sale price growth since 2016 Median price in 2016 $635K Average gain per year +3.9% $855K $769K $683K $928K May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
Get your own Market Pulse ListingCopilot gives you a free branded market report page like this one for every city you serve, plus share-ready cards refreshed monthly with the latest market data.
Create your free page 