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 September 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

$1,665,000

$716/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$35,000(-2.1%)

Key Takeaway

Homes in Moraga have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Moraga was $1,665,000 in September 2024, down 2.1% from last year, and the median price per square foot was $716.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $417.5K$451.7K
+8.2%
2 $650K$745K
+14.6%
3 $1.3M$1.3M
-3.3%
4 $1.9M$1.8M
-4.1%
5+ $2.3M$2.0M
-14.0%

Summary: Moraga housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 14%.

Median Sold Price Compared To Nearby Cities

Central Contra Costa
+5.8%
Orinda
+5.3%
Moraga
-2.1%
Lafayette
-2.4%

Housing Supply in Moraga, CA

How many homes are available in Moraga, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5450-7.4%

Summary: The Moraga real estate market had 50 homes for sale in September 2024, a 7.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 78
+14.3%
3 1614
-12.5%
4 2522
-12.0%
5+ 54
-20.0%

Summary: The Moraga housing inventory by bedroom type for September 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 decreased by 12.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2313-43.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Moraga in September 2024, down by 43.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% 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

Sep 2023Sep 2024CHANGE
15 Days23 Days+53.3%

Summary: Homes in Moraga had an average of 23 days on market in Sep 2024, up by 53.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 13 homes were sold in Moraga; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 29 Days Ago

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