Lamorinda hills at sunset
August 2022 Issue

The Lamorinda Report August 2022

Moraga detached home prices rose 21% year over year in August 2022, 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
76 -33.3% YoY
Moraga Detached median
+21.0% year over year
Median days on market
15 days +66.7% YoY
Sale to list
98.9% -7.3% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

August 2022 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.

August 2022

Lafayette

Detached 34 closed
Median sale price
$1.86M +1.7% YoY
Median $/sq ft
$899
Median days on market
15
Sale to list
98.1%
Condo 3 closed
Median sale price
$825K -15.8% YoY
Median $/sq ft
$656
Median days on market
13
Sale to list
97.7%
August 2022

Moraga

Detached 10 closed
Median sale price
$2.06M +21.0% YoY
Median $/sq ft
$838
Median days on market
14
Sale to list
100.4%
Townhouse 5 closed
Median sale price
$880K -17.4% YoY
Median $/sq ft
$617
Median days on market
20
Sale to list
97.0%
August 2022

Orinda

Detached 23 closed
Median sale price
$2.23M +20.1% YoY
Median $/sq ft
$828
Median days on market
20
Sale to list
100.0%
Townhouse 1 closed
Median sale price
$1.65M
Median $/sq ft
$1033
Median days on market
60
Sale to list
98.3%

What This Means for Lamorinda

Moraga detached home prices rose 21% year over year in August 2022, 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
$5M

47 Orinda View Rd

Orinda | 54 days on market | 6,790 sq ft

Closed over list

$1.3M

3237 Quandt

Detached | Lafayette | 0 days on market

3237 Quandt closed 18.18% over list in 0 days.

$3.13M

6 Meadow Park Ct

Detached | Orinda | 5 days on market

6 Meadow Park Ct closed 17.92% over list in 5 days.

$3.3M

1124 Glen Road

Detached | Lafayette | 6 days on market

1124 Glen Road closed 17.86% over list in 6 days.

$1.26M

3310 Beechwood Dr

Detached | Lafayette | 14 days on market

3310 Beechwood Dr closed 14.89% over list in 14 days.

$3.31M

65 Meadow View Rd

Detached | Orinda | 8 days on market

65 Meadow View Rd closed 14.73% over list in 8 days.

The long road to closing

$3.4M

2685 West Newell Avenue

Detached | Lafayette | 87 days on market

2685 West Newell Avenue spent 87 days on market before closing 17.07% below list.

$3.38M

1 Scenic Ln

Detached | Lafayette | 82 days on market

1 Scenic Ln spent 82 days on market before closing 8.66% below list.

$2.18M

86 La Espiral

Detached | Orinda | 76 days on market

86 La Espiral spent 76 days on market before closing 3.11% below list.

$2.55M

106 Caro Lane

Detached | Orinda | 65 days on market

106 Caro Lane spent 65 days on market before closing 1.73% below list.

Transaction log

Closed sales in Lamorinda, August 2022

Every closed sale across Lafayette, Moraga, and Orinda for August 2022, 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 August 2022?

In August 2022, Moraga's median sale price was detached homes at $2.06M, townhouses at $880K. 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 August 2022?

Lafayette's median detached sale price in August 2022 was $1.86M across 34 closings, with a median of 15 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 August 2022, 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.