Is Moraga, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moraga is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Moraga has remained a Seller's Market.

Key Takeaway

Moraga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moraga, CA

How much do homes in Moraga, CA cost?

Median Sold Price

$1,665,164

$716/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,836(-1.2%)

Key Takeaway

Homes in Moraga have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Moraga was $1,665,164 in October 2024, down 1.2% from last year, and the median price per square foot was $716.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $417.5K$451.7K
+8.2%
2 $710K$679K
-4.4%
3 $1.3M$1.2M
-8.4%
4 $1.9M$1.8M
-3.6%
5+ $2.3M$2.0M
-11.1%

Summary: Moraga housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 11.1%.

Median Sold Price Compared To Nearby Cities

Central Contra Costa
+5.3%
Orinda
+3.9%
Lafayette
+0.8%
Moraga
-1.2%

Housing Supply in Moraga, CA

How many homes are available in Moraga, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4756+19.1%

Summary: The Moraga real estate market had 56 homes for sale in October 2024, a 19.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 24
+100.0%
2 78
+14.3%
3 1215
+25.0%
4 2121
0.0%
5+ 58
+60.0%

Summary: The Moraga housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
919+111.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moraga, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Moraga in October 2024, up by 111.1% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% were sold over asking.

Days on Market for Moraga, CA

How long does it take to sell a home in Moraga, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days28 Days+18.4%

Summary: Homes in Moraga had an average of 28 days on market in Oct 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moraga are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in Moraga; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Moraga, CA

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