Lamorinda hills at sunset
January 2023 Issue

The Lamorinda Report January 2023

Lafayette detached home prices fell 19.4% year over year in January 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
19 -38.7% YoY
Lafayette Detached median
-19.4% year over year
Median days on market
24 days +166.7% YoY
Sale to list
100.0% -3.9% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

January 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.

January 2023

Lafayette

Detached 7 closed
Median sale price
$1.5M -19.4% YoY
Median $/sq ft
$727
Median days on market
11
Sale to list
100.0%
January 2023

Moraga

Detached 6 closed
Median sale price
$1.72M -8.5% YoY
Median $/sq ft
$796
Median days on market
50
Sale to list
100.5%
Condo 1 closed
Median sale price
$410K -25.5% YoY
Median $/sq ft
$526
Median days on market
65
Sale to list
93.4%
January 2023

Orinda

Detached 5 closed
Median sale price
$1.65M -5.0% YoY
Median $/sq ft
$707
Median days on market
23
Sale to list
94.3%

What This Means for Lamorinda

Lafayette detached home prices fell 19.4% year over year in January 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. 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
$2.8M

1456 Rancho View Dr

Lafayette | 124 days on market | 3,853 sq ft

Closed over list

$1.72M

370 Calle La Montana

Detached | Moraga | 11 days on market

370 Calle La Montana closed 7.57% over list in 11 days.

$2M

3169 Diablo View Rd

Detached | Lafayette | 10 days on market

3169 Diablo View Rd closed 5.32% over list in 10 days.

$1.72M

1229 Larch Ave

Detached | Moraga | 10 days on market

1229 Larch Ave closed 1.18% over list in 10 days.

$1.72M

264 Sandringham Dr

Detached | Moraga | 86 days on market

264 Sandringham Dr closed 0.94% over list in 86 days.

$2.8M

1456 Rancho View Dr

Detached | Lafayette | 124 days on market

1456 Rancho View Dr closed 0.18% over list in 124 days.

The long road to closing

$1.13M

30 Crescent

Detached | Orinda | 153 days on market

30 Crescent spent 153 days on market before closing.

$1.1M

1062 Oak Hill Rd

Detached | Lafayette | 145 days on market

1062 Oak Hill Rd spent 145 days on market before closing 4.35% below list.

$1.95M

1336 San Reliez Ct

Detached | Lafayette | 142 days on market

1336 San Reliez Ct spent 142 days on market before closing.

$2.8M

1456 Rancho View Dr

Detached | Lafayette | 124 days on market

1456 Rancho View Dr spent 124 days on market before closing.

Transaction log

Closed sales in Lamorinda, January 2023

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

In January 2023, Moraga's median sale price was detached homes at $1.72M, condominiums at $410K. 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 January 2023?

Lafayette's median detached sale price in January 2023 was $1.5M across 7 closings, with a median of 11 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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Pre-sale prep, real fixes, and full disclosure to every buyer before the house lists. The preparation is the negotiation.

Data reflects closed transactions from the local MLS for January 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.