Lamorinda hills at sunset
August 2023 Issue

The Lamorinda Report August 2023

Lafayette detached home prices fell 6.8% year over year in August 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
53 -30.3% YoY
Lafayette Detached median
-6.8% year over year
Median days on market
13 days -13.3% YoY
Sale to list
100.8% +1.9% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

August 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.

August 2023

Lafayette

Detached 22 closed
Median sale price
$1.74M -6.8% YoY
Median $/sq ft
$846
Median days on market
12
Sale to list
101.8%
Condo 5 closed
Median sale price
$941K +14.1% YoY
Median $/sq ft
$835
Median days on market
16
Sale to list
100.0%
August 2023

Moraga

Detached 9 closed
Median sale price
$2.1M +2.1% YoY
Median $/sq ft
$885
Median days on market
14
Sale to list
100.1%
Condo 2 closed
Median sale price
$620K
Median $/sq ft
$494
Median days on market
8
Sale to list
110.5%
Townhouse 4 closed
Median sale price
$1M +13.9% YoY
Median $/sq ft
$672
Median days on market
8
Sale to list
106.1%
August 2023

Orinda

Detached 11 closed
Median sale price
$2.2M -1.2% YoY
Median $/sq ft
$801
Median days on market
14
Sale to list
100.0%

What This Means for Lamorinda

Lafayette detached home prices fell 6.8% year over year in August 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 sellers with genuine multi-offer potential who want real-time visibility into where demand actually sits. 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
$13.69M

3947 Happy Valley Rd

Lafayette | 0 days on market | 8,960 sq ft

Closed over list

$3.35M

1064 Via Alta

Detached | Lafayette | 15 days on market

1064 Via Alta closed 20.29% over list in 15 days.

$600K

1357 Camino Peral -

Condo | Moraga | 14 days on market

1357 Camino Peral - closed 20.24% over list in 14 days.

$2.2M

4061 Marianne Dr

Detached | Lafayette | 13 days on market

4061 Marianne Dr closed 18.92% over list in 13 days.

$1.27M

289 Camino Pablo

Detached | Orinda | 32 days on market

289 Camino Pablo closed 17.7% over list in 32 days.

$2.42M

70 Meadow View Rd

Detached | Orinda | 5 days on market

70 Meadow View Rd closed 15.75% over list in 5 days.

The long road to closing

$4.2M

6 Tofflemire Dr

Detached | Lafayette | 124 days on market

6 Tofflemire Dr spent 124 days on market before closing.

$1.6M

14 Vista Via

Detached | Lafayette | 54 days on market

14 Vista Via spent 54 days on market before closing.

$2.25M

60 Vista Encinos

Detached | Moraga | 53 days on market

60 Vista Encinos spent 53 days on market before closing.

$1.55M

788 Upper Pond Ct

Detached | Lafayette | 53 days on market

788 Upper Pond Ct spent 53 days on market before closing.

Transaction log

Closed sales in Lamorinda, August 2023

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

In August 2023, Moraga's median sale price was detached homes at $2.1M, condominiums at $620K, townhouses at $1M. 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 2023?

Lafayette's median detached sale price in August 2023 was $1.74M across 22 closings, with a median of 12 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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When a home hasn't sold, we don't re-list at a lower price. We conduct a forensic review and relaunch with a rebuilt strategy.

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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 August 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.