Lamorinda hills at sunset
July 2023 Issue

The Lamorinda Report July 2023

Orinda detached home prices rose 35.4% year over year in July 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
59 -10.6% YoY
Orinda Detached median
+35.4% year over year
Median days on market
11 days 0.0% YoY
Sale to list
100.8% -0.3% YoY
Sourced from the local MLS
Split by property type
BrightWork in Lamorinda since 1977
At a Glance

July 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.

July 2023

Lafayette

Detached 21 closed
Median sale price
$1.75M -12.5% YoY
Median $/sq ft
$854
Median days on market
13
Sale to list
100.8%
Condo 1 closed
Median sale price
$1.54M -40.6% YoY
Median $/sq ft
$817
Median days on market
41
Sale to list
98.7%
Townhouse 1 closed
Median sale price
$1.2M +23.1% YoY
Median $/sq ft
$593
Median days on market
61
Sale to list
100.0%
July 2023

Moraga

Detached 11 closed
Median sale price
$1.8M +15.0% YoY
Median $/sq ft
$769
Median days on market
10
Sale to list
101.2%
Condo 2 closed
Median sale price
$426K -18.1% YoY
Median $/sq ft
$588
Median days on market
15
Sale to list
106.6%
Townhouse 3 closed
Median sale price
$1.33M +23.7% YoY
Median $/sq ft
$660
Median days on market
9
Sale to list
104.3%
July 2023

Orinda

Detached 18 closed
Median sale price
$2.55M +35.4% YoY
Median $/sq ft
$868
Median days on market
11
Sale to list
100.0%
Townhouse 1 closed
Median sale price
$1.85M
Median $/sq ft
$1022
Median days on market
7
Sale to list
100.0%

What This Means for Lamorinda

Orinda detached home prices rose 35.4% year over year in July 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
$4.9M

3732 Happy Valley Rd

Lafayette | 9 days on market | 4,972 sq ft

Closed over list

$1.2M

74 Claremont Ave

Detached | Orinda | 9 days on market

74 Claremont Ave closed 34.08% over list in 9 days.

$1.55M

4 Abbey Ct

Detached | Lafayette | 11 days on market

4 Abbey Ct closed 24.1% over list in 11 days.

$1.57M

863 Augusta Dr

Townhouse | Moraga | 6 days on market

863 Augusta Dr closed 21.44% over list in 6 days.

$1.38M

210 King Dr

Detached | Lafayette | 8 days on market

210 King Dr closed 19.58% over list in 8 days.

$2.5M

57 Tara Rd

Detached | Orinda | 7 days on market

57 Tara Rd closed 19.33% over list in 7 days.

The long road to closing

$1.4M

2045 Reliez Valley Rd

Detached | Lafayette | 352 days on market

2045 Reliez Valley Rd spent 352 days on market before closing 9.46% below list.

$1.2M

16 Patricia Road

Detached | Orinda | 106 days on market

16 Patricia Road spent 106 days on market before closing.

$1.75M

726 Las Trampas Road

Detached | Lafayette | 68 days on market

726 Las Trampas Road spent 68 days on market before closing 5.42% below list.

$1.2M

121 Haslemere Ct

Townhouse | Lafayette | 61 days on market

121 Haslemere Ct spent 61 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.

July 2023 closings by floor plan:

Plan 2
$1.57M

863 Augusta Dr

Townhouse

Sold
$1.57M
List
$1.3M
DOM
6
$/sq ft
$1013
Forest Hills
$1.72M

923 Augusta Drive

Detached

Sold
$1.72M
List
$1.7M
DOM
12
$/sq ft
$608
Transaction log

Closed sales in Lamorinda, July 2023

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

In July 2023, Moraga's median sale price was detached homes at $1.8M, condominiums at $426K, townhouses at $1.33M. 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 July 2023?

Lafayette's median detached sale price in July 2023 was $1.75M across 21 closings, with a median of 13 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 July 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.