Lamorinda hills at sunset
June 2023 Issue

The Lamorinda Report June 2023

Orinda detached home prices fell 19.6% year over year in June 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
81 -13.8% YoY
Orinda Detached median
-19.6% year over year
Median days on market
10 days +11.1% YoY
Sale to list
101.6% -5.4% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

June 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.

June 2023

Lafayette

Detached 28 closed
Median sale price
$1.97M -3.2% YoY
Median $/sq ft
$814
Median days on market
16
Sale to list
100.0%
Condo 2 closed
Median sale price
$1.26M -50.8% YoY
Median $/sq ft
$843
Median days on market
72
Sale to list
96.2%
Townhouse 2 closed
Median sale price
$875.5K +3.0% YoY
Median $/sq ft
$721
Median days on market
35
Sale to list
99.5%
June 2023

Moraga

Detached 20 closed
Median sale price
$2.1M -9.7% YoY
Median $/sq ft
$883
Median days on market
7
Sale to list
104.4%
Condo 6 closed
Median sale price
$762.5K +12.2% YoY
Median $/sq ft
$535
Median days on market
15
Sale to list
103.1%
Townhouse 2 closed
Median sale price
$852.5K -13.9% YoY
Median $/sq ft
$502
Median days on market
21
Sale to list
97.8%
June 2023

Orinda

Detached 20 closed
Median sale price
$1.93M -19.6% YoY
Median $/sq ft
$862
Median days on market
8
Sale to list
105.9%
Townhouse 1 closed
Median sale price
$1.25M -20.6% YoY
Median $/sq ft
$590
Median days on market
8
Sale to list
100.1%

What This Means for Lamorinda

Orinda detached home prices fell 19.6% year over year in June 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
$12.45M

3972 Happy Valley Rd

Lafayette | 27 days on market | 7,651 sq ft

Closed over list

$3.02M

52 Bates Blvd

Detached | Orinda | 3 days on market

52 Bates Blvd closed 28.51% over list in 3 days.

$1.35M

6 Canning Ct

Detached | Moraga | 6 days on market

6 Canning Ct closed 23.29% over list in 6 days.

$3.4M

17 Normandy Lane

Detached | Orinda | 11 days on market

17 Normandy Lane closed 19.3% over list in 11 days.

$1.3M

16 Los Amigos

Detached | Orinda | 7 days on market

16 Los Amigos closed 18.51% over list in 7 days.

$2.35M

197 Fernwood Dr

Detached | Moraga | 4 days on market

197 Fernwood Dr closed 17.79% over list in 4 days.

The long road to closing

$2.16M

1110 Via Media

Detached | Lafayette | 197 days on market

1110 Via Media spent 197 days on market before closing 9.81% below list.

$947K

3326 Vaughn

Detached | Lafayette | 99 days on market

3326 Vaughn spent 99 days on market before closing 0.21% below list.

$1.58M

924 Brown Ave

Condo | Lafayette | 85 days on market

924 Brown Ave spent 85 days on market before closing 4.18% below list.

$835K

2 Camino Del Monte

Detached | Orinda | 81 days on market

2 Camino Del Monte spent 81 days on market before closing 7.12% 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.

June 2023 closings by floor plan:

Plan 13
$2.2M

1917 St. Andrews Drive

Detached

Sold
$2.2M
List
$2.3M
DOM
45
$/sq ft
$821
Transaction log

Closed sales in Lamorinda, June 2023

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

In June 2023, Moraga's median sale price was detached homes at $2.1M, condominiums at $762.5K, townhouses at $852.5K. 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 June 2023?

Lafayette's median detached sale price in June 2023 was $1.97M across 28 closings, with a median of 16 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 June 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.