The Oakland real estate market saw a variety of transactions during the week of January 5, 2024, with a total of 48 properties changing hands. The most affordable sale was a condominium on Kelton Court, which sold for $360,000. In contrast, the average home price in the area during this period stood at $707,708, or $424 per square foot. This report highlights the ten most notable sales, showcasing a range of properties priced between $300,000 and $10,000,000.
Top Ten Home Sales in Oakland
1. **Kelton Court**: The most budget-friendly sale was a condominium located on the first block of Kelton Court, which fetched $360,000. Built in 1974, this unit features a compact living area of 677 square feet, with a price per square foot of $532. The condominium includes 1 bedroom and 1 bathroom.
2. **88th Avenue**: Following closely is a single-family home on the 1900 block of 88th Avenue, sold for $418,000. Constructed in 1920, it has 1 bedroom and 1 bathroom, boasting a modest size that makes it an attractive choice for first-time buyers.
3. **85th Avenue**: A triplex located in the 1600 block of 85th Avenue was sold for $420,000. This property, built in 1967, spans 3,240 square feet and includes 8 bedrooms and 4 bathrooms, making it a significant investment opportunity.
4. **Martin Luther King Jr Way**: A mobile home in the 3300 block of Martin Luther King Jr Way was purchased for $445,000. Constructed in 1988, it features a spacious living area of 1,849 square feet and includes 6 bedrooms and 4 bathrooms.
5. **Savannah Court**: A single-family residence in the 2400 block of Savannah Court sold for $460,000. This 2002-built home has a living space of 1,177 square feet, with 3 bedrooms and 2 bathrooms.
6. **Harrington Avenue**: The property at the 2100 block of Harrington Avenue brought in $479,000. Built in 1922, it covers 1,164 square feet and features 2 bedrooms and 2 bathrooms.
7. **Seventh Avenue**: A detached house in the 800 block of Seventh Avenue sold for $480,000. This home, constructed in 1999, has a living area of 1,676 square feet and includes 3 bedrooms and 3 bathrooms.
8. **Geranium Place**: On the 4800 block of Geranium Place, a single-family house sold for $491,000. The residence, built in 1957, features 3 bedrooms and 2 bathrooms within its 1,618 square feet of living space.
9. **Lakeside Drive**: A condominium on the 1500 block of Lakeside Drive was sold for $499,000. This 1968 property offers 1,311 square feet, with 2 bedrooms and 2 bathrooms, for a price of $381 per square foot.
10. **Mavis Street**: Rounding out the list is a single-family home in the 2400 block of Mavis Street, which sold for $515,000. Built in 1917, this house has 2 bedrooms and 2 bathrooms within a 1,835 square feet living area, translating to a price of $281 per square foot.
These sales provide a snapshot of the diverse offerings in Oakland’s real estate market, appealing to a range of buyers from first-time homeowners to seasoned investors. The data is sourced from public records compiled by local county offices, ensuring accuracy and reliability in this overview of recent transactions.
