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Oakland Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Oakland home sales for the month of February decreased in volume by 33.3% when compared to last year, while the median sale price decreased by 23.3% from $372,450 to $285,750. Condo/townhome sales rose by 33.3%, while the median sale price rose by 5.9% from $269,900 to $285,750.

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Median Sale Prices for Oakland

369k
295k
246k
372k
315k
319k
350k
665k
182k
252k
407k
370k
245k
337k
285k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Oakland

3
3
3
6
5
9
5
1
5
4
1
1
5
4
4
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Oakland

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 6 4 -33.3% 10 8 -20%
(Single Family) 3 0 - 3 2 -33.3%
(Condos/Townhomes) 3 4 +33.3% 7 6 -14.3%
Median Sale Price $372,450 $285,750 -23.3% $317,200 $317,500 +0.1%
(Single Family) $375,000 $0 - $375,000 $437,000 +16.5%
(Condos/Townhomes) $269,900 $285,750 +5.9% $249,900 $254,250 +1.7%
Days on Market 40 53 +31.3% 40 33 -17.5%
(Single Family) 38 0 - 38 8 -80.3%
(Condos/Townhomes) 42 53 +25% 42 53 +25%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Oakland? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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