Housing Market Trends for Lafayette, CA
Housing Market Trends for Moraga, CA
Housing Market Trends for Orinda, CA
March Recap
✓ Median sale price up 7.3% year-over-year to $2.28M
✓ Median price per sq ft down 5.9% year-over-year to $781
✓ Median days on market up 6.9% year-over-year to 10 days
✓ 72 active listings, down 35% from last year
✓ 1.4 months of inventory, down 29% from last year
✓ Sellers receiving a median of 103% of list price
What This Means
Across Lamorinda, the market is still firmly in seller’s territory, driven by a meaningful drop in inventory and continued buyer competition. With just 1.4 months of supply and homes still selling above asking on average, demand remains strong.
At the same time, subtle shifts are emerging beneath the surface. Homes are taking slightly longer to sell, and price per square foot is down year over year, pointing to increased buyer selectivity. In this environment, well-prepared and appropriately priced homes are still commanding strong results, while aspirational pricing is met with more resistance than in recent years.
