Hello, I’m Judy Sin—your trusted Lamorinda realtor. Ever wonder what’s really going on behind the scenes in our market? Today, I’m excited to share some raw data from recent home sales in Lafayette, Moraga, and Orinda. This isn’t your typical market update; it’s a deep dive into the data that matter: the number of offers, days on market, how prices compare to the original asking, and even the mix of cash versus mortgage deals. Whether you’re buying, selling, or just curious about your home’s value, these insights can help you make informed decisions in today’s competitive market.
What’s Behind the Numbers?
In this update, I’m breaking down:
Offer Volume: How many offers each property is receiving.
Days on Market (DOM): How quickly homes are selling.
Price Dynamics: The percentage difference between sold prices and the original asking price.
Financing Details: Whether sales are closing with cash or through financing.
These raw data provides a true picture of the Lamorinda real estate market—insights you won’t easily find online.
Homes Sold in Lafayette, Moraga, Orinda (Jan 1- Feb 24)
Total Sold: 38
Price Range: $410,000 – $4,125,000
Median Days on Market: 10 days
Median Sold Price: $1,675,000
Total Transaction Value: Approx. $67,000,000
Below each transaction, you’ll see detailed data that highlights just how competitive our market has become.
Pending Sales in Lafayette, Moraga, Orinda (Jan 1 - Feb 24)
Total Pending: 46
Price Range: $850,000 – $7,950,000
Median Days on Market: 9 days
Median Asking Price: $1,895,000
This pending sales data gives an early look at what’s to come, showing strong buyer interest and rapid market activity.
Homes For Sale in Lamorinda
2025 (Jan 1 – Feb 24, 2025):
Lafayette: 42 listings – Median Price: $2,515,000 (+20% increase)
Moraga: 24 listings – Median Price: $2,135,000 (+30% increase)
Orinda: 45 listings – Median Price: $2,300,000 (+25% increase)
2024 (Jan 1 – Feb 24, 2024):
Lafayette: 49 listings – Median Price: $2,095,000
Moraga: 24 listings – Median Price: $1,645,000
Orinda: 36 listings – Median Price: $1,844,000
This side-by-side comparison clearly highlights an upward trend in median prices across all three areas. The increases—about 20% in Lafayette, 30% in Moraga, and 25% in Orinda—reflect robust buyer demand and a competitive market that’s favoring sellers.
"Hey, how's the market?"
If you've been following my updates, you know that back in Q4 2024 I closed several deals—securing properties at 5-10% below the asking price. But 2025 has been a complete turnaround. Listings are going pending almost immediately, with multiple offers, all-cash bids, and homes selling above the asking price. It's a highly competitive environment once again, which is surprising given that mortgage rates have stayed high and prices continue to climb. So, what changed?
One of my buyers who's been closely watching the Lamorinda real estate market, shared his perspective:
"Judy, you'll notice that the buyers active right now are mostly those who are frustrated and just want to get this over with. Plus, those who waited through 2024 have finally realized that neither rates nor prices are coming down in Lamorinda."
What Does This Mean for You?
For Buyers: With homes moving quickly and multiple offers becoming the norm, it’s essential to be ready to act—get your financing in order and be prepared for competitive bidding.
For Sellers: This is a prime time to maximize your return. The strong upward trend in prices indicates that your property could command a premium in today’s market.
For Everyone: Whether you're tracking your home's value or planning your next move, staying informed with real, behind-the-scenes data is key to navigating the Lamorinda real estate market successfully.
Staying ahead in the Lamorinda real estate scene means knowing the numbers that drive our market. If you have any questions or need personalized advice on homes for sale in Lafayette, Moraga, or Orinda, feel free to reach out. I’m here to help you make the best decision in this dynamic market.