Monthly market wrap MONTHLY MARKET WRAP Oakland Single-family homes · May 2026 The Oakland market tilted hotter in May: most key signals moved the seller's way. Median sale price $1.12M ▲ +13.7% vs Apr Time to pending 14d ▼ 2 days faster vs Apr Sold over asking 82% ▲ +6 pts vs Apr Active listings 351 ▼ -1.1% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Oakland Single-family homes · May 2026 Bidding wars are the norm in Oakland: 82% of SFHs sold over asking. 119.1% average sale price vs. asking price Sold over asking 82% vs. a year ago +6 pts 114.2% 108.6% 103.1% Sold at asking price 119.1% 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 Single-family homes · May 2026 Oakland SFHs are closing +19.1% above asking. The list price is the floor, not the ceiling. +$305K median sale price minus asking price Median asking price $815K Median sale price $1.12M $1.03M $860K $693K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Oakland Single-family homes · May 2026 Oakland SFH values are climbing, up +19.1% in a year. $1.12M median sale price Year over year +19.1% Homes sold last month 173 $1.1M $966K $831K $1.12M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Oakland Single-family homes · May 2026 Oakland SFHs are flying off the market in 14 days, 5 days faster than last year. 14 days median time to pending Gone within two weeks 45% vs. a year ago 5 days faster 51d 34d 17d 14d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Oakland Single-family homes · May 2026 Oakland inventory is down 32.4% year over year, keeping buyer choice tight. 351 active listings Year over year -32.4% Months of supply 2.0 534 415 296 351 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 Single-family homes · May 2026 18% of Oakland listings cut their asking price last month, down 15 pts from a year ago. 18% of active listings cut their asking price vs. a year ago -15 pts Active listings 351 27% 22% 18% 18% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Oakland Single-family homes · May 2026 Oakland moves at two speeds: 45% of SFHs were gone inside two weeks while the rest sat longer. 45% of listings went pending within two weeks Median time to pending 14 days vs. a year ago +9 pts 43% 31% 19% Half of listings 45% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Oakland Single-family homes · May 2026 January is historically Oakland's calmest month for buyers: 8.8 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -8.8 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -5.6 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 Single-family homes · May 2026 A Oakland SFH bought in 2016 has gained +61% in value since. +61% median sale price growth since 2016 Median price in 2016 $695K Average gain per year +4.9% $995K $871K $746K $1.12M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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