Lamorinda hills at sunset
February 2024 Issue

The Lamorinda Report February 2024

Lafayette detached home prices rose 31.9% year over year in February 2024, 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
37 +42.3% YoY
Lafayette Detached median
+31.9% year over year
Median days on market
9 days -45.5% YoY
Sale to list
100.0% 0.0% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

February 2024 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 2024

Lafayette

Detached 17 closed
Median sale price
$2.48M +31.9% YoY
Median $/sq ft
$855
Median days on market
9
Sale to list
100.0%
Condo 1 closed
Median sale price
$1.35M -19.8% YoY
Median $/sq ft
$869
Median days on market
51
Sale to list
96.6%
February 2024

Moraga

Detached 5 closed
Median sale price
$1.73M -34.2% YoY
Median $/sq ft
$768
Median days on market
9
Sale to list
100.2%
February 2024

Orinda

Detached 11 closed
Median sale price
$2.23M +83.9% YoY
Median $/sq ft
$870
Median days on market
9
Sale to list
100.0%
Condo 1 closed
Median sale price
$455K
Median $/sq ft
$676
Median days on market
0
Sale to list
102.3%
Townhouse 2 closed
Median sale price
$1.43M
Median $/sq ft
$575
Median days on market
10
Sale to list
95.7%

What This Means for Lamorinda

Lafayette detached home prices rose 31.9% year over year in February 2024, 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
$6.5M

1212 Monticello Rd

Lafayette | 0 days on market | 4,785 sq ft

Closed over list

$1.69M

3489 Moraga Blvd

Detached | Lafayette | 7 days on market

3489 Moraga Blvd closed 20.79% over list in 7 days.

$1.13M

2548 Pebble Beach Loop

Detached | Lafayette | 25 days on market

2548 Pebble Beach Loop closed 13.23% over list in 25 days.

$3.2M

3221 Lucas Cir

Detached | Lafayette | 6 days on market

3221 Lucas Cir closed 12.32% over list in 6 days.

$1.45M

109 Brookline St

Detached | Moraga | 9 days on market

109 Brookline St closed 11.97% over list in 9 days.

$3.55M

315 Miller Ct.

Detached | Orinda | 7 days on market

315 Miller Ct. closed 11.01% over list in 7 days.

The long road to closing

$4.97M

89 Dairy Creek Lane

Detached | Orinda | 272 days on market

89 Dairy Creek Lane spent 272 days on market before closing 0.58% below list.

$2.1M

2 Stanton Ct

Detached | Orinda | 81 days on market

2 Stanton Ct spent 81 days on market before closing 6.67% below list.

$1.35M

1000 Dewing Ave

Condo | Lafayette | 51 days on market

1000 Dewing Ave spent 51 days on market before closing 3.43% below list.

$3.5M

3212 Los Palos Cir

Detached | Lafayette | 50 days on market

3212 Los Palos Cir spent 50 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 2024 closings by floor plan:

Wimbledon
$1.45M

109 Brookline St

Detached

Sold
$1.45M
List
$1.29M
DOM
9
$/sq ft
$768
Transaction log

Closed sales in Lamorinda, February 2024

Every closed sale across Lafayette, Moraga, and Orinda for February 2024, 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 2024?

In February 2024, Moraga's median sale price was detached homes at $1.73M. 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 2024?

Lafayette's median detached sale price in February 2024 was $2.48M across 17 closings, with a median of 9 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 2024, 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.