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Market Pulse

Oakland market insights

A local market update for Townhouse, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPOaklandTownhouses · May 2026The Oakland market tilted hotter in May:most key signals moved the seller's way.Median sale price$950K+18.8% vs AprTime to pending26d16 days faster vs AprSold over asking67%+7 pts vs AprActive listings21+40.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGOaklandTownhouses · May 2026Most Oakland townhouses are stillselling over asking (67%). Price toinvite competition.109.7%average sale price vs. asking priceSold over asking67%vs. a year ago+33 pts106.9%103.9%100.9%Sold at asking price109.7%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPOaklandTownhouses · May 2026Oakland townhouses are closing +9.7%above asking. The list price is thefloor, not the ceiling.+$135Kmedian sale price minus asking priceMedian asking price$815KMedian sale price$950K$1.03M$843K$655KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEOaklandTownhouses · May 2026Oakland townhouse values edged up +4.2%year over year.$950Kmedian sale priceYear over year+4.2%Homes sold last month6$945K$839K$732K$950KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLOaklandTownhouses · May 2026The typical Oakland townhouse goespending in 26 days, 2 days faster thanlast year.26 daysmedian time to pendingGone within two weeks40%vs. a year ago2 days faster114d76d38d26dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSOaklandTownhouses · May 2026Oakland inventory is up 31.3% year overyear, so sellers have more competition.21active listingsYear over year+31.3%Months of supply3.522161021Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSOaklandTownhouses · May 20261 in 3 Oakland listings cut its askingprice last month, down 10 pts from ayear ago.33%of active listings cut their asking pricevs. a year ago-10 ptsActive listings2136%26%16%33%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETOaklandTownhouses · May 2026Oakland moves at two speeds: 40% oftownhouses were gone inside two weekswhile the rest sat longer.40%of listings went pending within two weeksMedian time to pending26 daysvs. a year ago+40 pts41%25%9%Half of listings40%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYOaklandTownhouses · May 2026December is historically Oakland'scalmest month for buyers: 6.5 pts lessover-asking than May.Decemberhistorically the calmest month for buyersBuyer's edge vs May-6.5 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-3.6 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEOaklandTownhouses · May 2026A Oakland townhouse bought in 2016 hasgained +70% in value since.+70%median sale price growth since 2016Median price in 2016$559KAverage gain per year+5.4%$860K$743K$625K$950KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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