Top Large Teams in Oakland, California – Ranked by Volume
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Rank – City Volume | Team Name | Company | Location | Volume | Profile |
---|---|---|---|---|---|
1 | The Gunderman Group | Keller Williams Oakland | Oakland, CA | $293,727,578 | View Profile |
2 | Team Schuler | Compass | Oakland, CA | $89,458,254 | View Profile |
2023 Oakland, California Housing Market Summary
Oakland, California started 2023 with a total of 214 single-family homes on the market, with a median home price of $748,000 and an average price per square foot of $560. By the end of the year, inventory had increased to 216 homes on the market (+0%), with a median home price of $789,000 (+5%) and an average price per square foot of $590 (+5%).
At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 70 days.
Oakland started the year with 36% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Oakland homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Oakland started 2023 as a strong seller’s market, with an MAI score of 57; by the end of the year, the MAI had dropped to 49 – a strong seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
Real Estate News
Redfin’s losses grow amid difficult market conditions
May 07, 2024Redfin showcased pockets of growth in Q1 2024 despite challenging market conditions, but its overall losses grew to $66.8 million.
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White House, HUD announce $5.5B in housing and community development grants
May 07, 2024 -
Despite industry headwinds, Real believes it can continue growing agent count
May 07, 2024 -
San Francisco Realtors partner with AI startup Sidekick
May 06, 2024 -
Warren Buffett: Real estate agent commission structure “has worked out very well”
May 06, 2024 -
Congressional lawmakers form bipartisan real estate caucus
May 06, 2024
Housing Market News
ADU options set to expand in California
May 07, 2024Housing startup BOXABL is now approved to sell a factory-built accessory dwelling unit in California, which could increase the supply of affordable homes.
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Annual home price gains reach 5.3% in March: CoreLogic
May 07, 2024 -
NAR magazine devotes space to reverse mortgages and seniors
May 07, 2024 -
White House, HUD announce $5.5B in housing and community development grants
May 07, 2024 -
Home price signals point to flat growth
May 06, 2024 -
U.S. mortgage holders post record levels of home equity: ICE
May 06, 2024
Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Agent News
Special report: The brokerages gaining or losing market share in Dallas
Apr 24, 2024Few cities have benefited as much from the trend of Americans moving south as Dallas, which added 170,000 residents in 2021 and 2022.
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Tom Ferry launches AI coaching chatbot TomAI
Apr 23, 2024 -
California Association of Realtors CEO resigns
Apr 21, 2024 -
Brian Icenhower on impact of commission lawsuits and low volume
Apr 19, 2024 -
Real estate agents, are you a text offender?
Apr 16, 2024 -
The ‘double-edged sword’ of dual licensing
Apr 16, 2024 -
Q2 AgentPulse survey: Low inventory is greatest challenge
Apr 15, 2024 -
Opinion: The power of predictability in an unpredictable year
Apr 11, 2024