Lamorinda hills at sunset
February 2023 Issue

The Lamorinda Report February 2023

Lafayette detached home prices fell 34% year over year in February 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
26 -42.2% YoY
Lafayette Detached median
-34.0% year over year
Median days on market
16 days +135.7% YoY
Sale to list
100.0% -6.4% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

February 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.

February 2023

Lafayette

Detached 14 closed
Median sale price
$1.88M -34.0% YoY
Median $/sq ft
$819
Median days on market
13
Sale to list
100.0%
Condo 2 closed
Median sale price
$1.68M
Median $/sq ft
$920
Median days on market
53
Sale to list
98.9%
Townhouse 1 closed
Median sale price
$705K
Median $/sq ft
$608
Median days on market
42
Sale to list
97.2%
February 2023

Moraga

Detached 1 closed
Median sale price
$2.63M +23.5% YoY
Median $/sq ft
$845
Median days on market
4
Sale to list
104.0%
Condo 3 closed
Median sale price
$605K +38.1% YoY
Median $/sq ft
$497
Median days on market
29
Sale to list
100.0%
Townhouse 2 closed
Median sale price
$1.15M -0.2% YoY
Median $/sq ft
$615
Median days on market
8
Sale to list
105.5%
February 2023

Orinda

Detached 3 closed
Median sale price
$1.21M -49.2% YoY
Median $/sq ft
$639
Median days on market
12
Sale to list
108.4%

What This Means for Lamorinda

Lafayette detached home prices fell 34% year over year in February 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 buyers and sellers inside Moraga Country Club specifically, where floor plan and sale history tell a more precise story than the citywide numbers alone. 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
$4.89M

1268 Redwood Ln

Lafayette | 25 days on market | 5,145 sq ft

Closed over list

$1.21M

18 Nelson Ln

Detached | Orinda | 8 days on market

18 Nelson Ln closed 15.24% over list in 8 days.

$1.58M

815 Augusta Dr

Townhouse | Moraga | 3 days on market

815 Augusta Dr closed 13.62% over list in 3 days.

$3.2M

3259 La Canada

Detached | Lafayette | 8 days on market

3259 La Canada closed 10.54% over list in 8 days.

$1.63M

64 Charles Hill Rd

Detached | Orinda | 12 days on market

64 Charles Hill Rd closed 8.41% over list in 12 days.

$1.6M

1288 Candy Ct

Detached | Lafayette | 2 days on market

1288 Candy Ct closed 7.02% over list in 2 days.

The long road to closing

$568K

651 Moraga Road

Condo | Moraga | 77 days on market

651 Moraga Road spent 77 days on market before closing 1.22% below list.

$1.06M

136 Spring Rd

Detached | Orinda | 70 days on market

136 Spring Rd spent 70 days on market before closing 3.09% below list.

$960K

1003 Woodbury Rd

Condo | Lafayette | 67 days on market

1003 Woodbury Rd spent 67 days on market before closing 2.54% below list.

$1.33M

3106 Del Oceano Dr

Detached | Lafayette | 59 days on market

3106 Del Oceano Dr spent 59 days on market before closing.

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.

February 2023 closings by floor plan:

Plan 3 Plus Bonus
$1.58M

815 Augusta Dr

Townhouse

Sold
$1.58M
List
$1.4M
DOM
3
$/sq ft
$655
Transaction log

Closed sales in Lamorinda, February 2023

Every closed sale across Lafayette, Moraga, and Orinda for February 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 February 2023?

In February 2023, Moraga's median sale price was detached homes at $2.63M, condominiums at $605K, townhouses at $1.15M. 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 February 2023?

Lafayette's median detached sale price in February 2023 was $1.88M across 14 closings, with a median of 13 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

Eight reasons Lamorinda sellers choose a different approach

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Data reflects closed transactions from the local MLS for February 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.