Lamorinda hills at sunset
April 2023 Issue

The Lamorinda Report April 2023

Orinda detached home prices fell 13.5% year over year in April 2023, the largest move of the three communities.

Median prices, days on market, and full property-type detail for Lafayette, Moraga, and Orinda. Every figure is split by property type. No blended medians.

Total closings
59 -45.4% YoY
Orinda Detached median
-13.5% year over year
Median days on market
9 days +12.5% YoY
Sale to list
100.3% -12.5% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

April 2023 at a glance

Each city is broken out by property type. Reporting a single blended median would misstate this market, most of all in Moraga, where condominium and townhouse prices sit well below detached homes.

April 2023

Lafayette

Detached 18 closed
Median sale price
$2.48M +7.6% YoY
Median $/sq ft
$933
Median days on market
8
Sale to list
100.8%
Condo 2 closed
Median sale price
$1.47M +20.3% YoY
Median $/sq ft
$895
Median days on market
158
Sale to list
93.6%
Townhouse 1 closed
Median sale price
$1.2M
Median $/sq ft
$733
Median days on market
9
Sale to list
101.0%
April 2023

Moraga

Detached 12 closed
Median sale price
$2.1M -12.0% YoY
Median $/sq ft
$871
Median days on market
6
Sale to list
105.2%
Condo 1 closed
Median sale price
$622K -1.0% YoY
Median $/sq ft
$586
Median days on market
8
Sale to list
103.8%
Townhouse 1 closed
Median sale price
$1.55M +27.3% YoY
Median $/sq ft
$586
Median days on market
39
Sale to list
100.0%
April 2023

Orinda

Detached 22 closed
Median sale price
$1.99M -13.5% YoY
Median $/sq ft
$813
Median days on market
11
Sale to list
100.2%

What This Means for Lamorinda

Orinda detached home prices fell 13.5% year over year in April 2023, the largest move of the three communities. The picture shifts for different kinds of buyers and sellers across Lamorinda this month. That's a real opportunity for anyone whose listing expired elsewhere and is ready to relaunch with a different strategy instead of just cutting the price, or sellers who'd rather fund pre-sale improvements than sell at a discount, through pre-sale construction financing. Worth a conversation if any of that sounds like where you are.

Transactions with a Story

The sales that beat expectation, and the ones that fought for it

The month's standouts across all three towns: the top sale, the homes that closed furthest over list, and the ones that took the longest road to closing. Every note below is computed from the closing data.

Top sale this month
$4.75M

3540 Springhill Rd

Lafayette | 10 days on market | 4,590 sq ft

Closed over list

$2.5M

3474 Moraga Boulevard

Detached | Lafayette | 7 days on market

3474 Moraga Boulevard closed 39.28% over list in 7 days.

$2.2M

72 Davis

Detached | Orinda | 9 days on market

72 Davis closed 29.79% over list in 9 days.

$1.33M

3349 Mildred Ln

Detached | Lafayette | 8 days on market

3349 Mildred Ln closed 26.95% over list in 8 days.

$2.45M

3556 Silver Springs Rd

Detached | Lafayette | 11 days on market

3556 Silver Springs Rd closed 22.81% over list in 11 days.

$1.4M

3238 Driftwood Dr

Detached | Lafayette | 15 days on market

3238 Driftwood Dr closed 16.68% over list in 15 days.

The long road to closing

$1.2M

904 Brown Ave

Condo | Lafayette | 238 days on market

904 Brown Ave spent 238 days on market before closing 7.34% below list.

$2.92M

26 Oakwood Rd

Detached | Orinda | 136 days on market

26 Oakwood Rd spent 136 days on market before closing 10% below list.

$1.93M

10 Rustic Way

Detached | Orinda | 124 days on market

10 Rustic Way spent 124 days on market before closing 3.51% below list.

$1.75M

210 Lafayette Circle

Condo | Lafayette | 79 days on market

210 Lafayette Circle spent 79 days on market before closing 5.41% below list.

MCC Spotlight

Moraga Country Club

Moraga Country Club sales are reported as detached and townhouse homes only. MCC has no condominium sales in our data, so its price split is narrower than Moraga citywide.

April 2023 closings by floor plan:

Plan 10
$1.55M

166 Cypress Point Way

Detached

Sold
$1.55M
List
$1.55M
DOM
0
$/sq ft
$1073
Plan 4 Plus Bonus
$1.55M

855 Augusta Drive

Townhouse

Sold
$1.55M
List
$1.55M
DOM
39
$/sq ft
$586
Plan 11
$1.78M

802 Augusta Drive

Detached

Sold
$1.78M
List
$1.6M
DOM
13
$/sq ft
$967
Forest Hills
$2.2M

14 Sea Pines St

Detached

Sold
$2.2M
List
$2.09M
DOM
9
$/sq ft
$778
Transaction log

Closed sales in Lamorinda, April 2023

Every closed sale across Lafayette, Moraga, and Orinda for April 2023, reported by property type.

Address City Type Sale price Closed DOM Sq ft
Questions

About this month's data

What was the median home price in Moraga in April 2023?

In April 2023, Moraga's median sale price was detached homes at $2.1M, condominiums at $622K, townhouses at $1.55M. BrightWork reports each property type separately because a single blended median misrepresents the Moraga market, where condominium and townhouse prices sit far below detached homes.

What was the median detached home price in Lafayette in April 2023?

Lafayette's median detached sale price in April 2023 was $2.48M across 18 closings, with a median of 8 days on market.

When are Lamorinda home prices highest during the year?

Across 2021 through 2025, our detached-only seasonal index shows sale prices peaking in May and reaching their low in January.

Does Moraga Country Club include condominiums?

No. Moraga Country Club sales in our data are detached and townhouse homes only. It has no condominium sales, so its detached versus townhouse price gap is narrower than the citywide Moraga split.

Ben Olsen, REALTOR with BrightWork Realty Advocates
REALTOR, BrightWork Realty Advocates

Ben Olsen

REALTOR, BrightWork Realty Advocates
DRE 02014153 / 01409268 (Ben Olsen)

Ben Olsen represents buyers and sellers through BrightWork Realty Advocates, with a practical, data-driven focus on Lafayette, Moraga, and Orinda, the pricing patterns that actually move within each city, and the details that separate a well-timed decision from a rushed one.

This report is designed as a field guide for Lamorinda decisions: real closing data every month, split by city and property type, the sales that beat expectation and the ones that didn't, and a clearer way to read what's actually happening before you list or make an offer.

Full bio

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Data reflects closed transactions from the local MLS for April 2023, split by property type. Figures for the current calendar year are partial. This report is published by BrightWork Realty Advocates and is not an offer of representation.