March 2026 Market Update

Greater Bay Area Market Update
 
March Market Update:
 
Spring Has Sprung, the Bay Is Buzzing & the Market Is Moving!!
 
March arrived the way spring always does in Oakland: with color, momentum, and a reminder of why people fight to live here. The days got longer, the energy picked up, and the real estate market responded in kind.
 
Oakland Restaurant Week ran March 12 through 22 putting the spotlight on the city's world-class culinary scene across neighborhoods from Fruitvale to Jack London Square. The Welcome to the West Music Festival brought E-40 to Oakland Arena on March 28, a full-circle hometown moment for a city that always knows how to celebrate its own.
 
And then there was March 12! Olympic gold medalist Alysa Liu came home to thousands of cheering fans outside Oakland City Hall, received a key to the city, and reminded every single person watching why Oakland produces greatness. All 7,000 tickets sold out immediately. Kehlani performed. TURFinc danced. Kristi Yamaguchi, Andre Ward, W. Kamau Bell, G-Eazy, and Sway Calloway all took the stage. When asked to describe Oakland in one word, Liu said "Soul" and the crowd went wild. The mural of her in Temescal, right next to our office, suddenly felt even more meaningful.
 
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March Market Highlights:
 
- 📊 **Spring Demand Arrived on Schedule:** Homes in Oakland spent a median of just 19 days on market, moving nearly twice as fast as the national pace. Serious buyers stepped up, and well-priced homes did not sit.
 
- 🏡 **Inventory Remained Tight:** With only around 355 homes available and months of supply sitting under one, supply constraints defined the market. More competition, more urgency.
 
- 📈 **Sellers Held Leverage:** Homes in Oakland were selling at over 105% of asking price, with nearly half of all homes going above list. The spring market rewarded preparation and right pricing.
 
⸻
 
**A Note on What's Coming**
 
March ended with some real economic noise worth acknowledging. Rising gas prices and war-driven oil shocks began cutting into discretionary spending, rattling stock markets, and souring consumer sentiment, and the housing market is not immune to that. Economists are describing the current environment as "choppy," with geopolitical tensions, fluctuating oil prices, stock market volatility, and inflation fears layering on top of a consumer who was already stretched.
 
Zillow's chief economist has outlined multiple scenarios for the spring market depending on how long these pressures persist, with the best-case outlook still coming in below original 2026 projections. The concern is real.
 
That said, Oakland has its own math. Inventory here was already historically tight before any of this. Buyers who are motivated and financially prepared still have real opportunity. Sellers with equity and flexibility are still well-positioned. The shift worth watching is buyer confidence, not just buyer demand. When people feel uncertain about the economy, big decisions slow down. That's true everywhere, and it's worth factoring into your planning right now.
A market with more uncertainty requires more preparation.
 
⸻
 
**March Buyers:**
 
The word of the month was urgency, with an exclamation mark. Those with rate locks benefited when mortgage rates shot up .5% overnight. If oil prices continue to squeeze household budgets, some buyers will step back. That actually creates small windows of opportunity for those who stay ready.
 
**March Sellers:**
 
The word of the month was preparation. Tight inventory kept sellers in a strong position, but a nervous buyer pool is not the same as a motivated one. Pricing strategically was the move. Homes that were move-in ready and priced right still flew.
 
⸻
 
A Month Rooted in Oakland Pride & Spring Energy
 
March was a reminder that Oakland is not a market you wait out. Those who did saw diminished buying power and more competition.
 
Wishing you a grounded, eyes-open, and opportunity-ready April!
 
Happy Easter Monday!
 
-Tia
(510) 499-9249
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FEATURED LISTINGS
Multi-story apartment building with gray shingle siding, stone accents, balconies, and a covered entrance.
Open-plan living and dining room with large windows, blue bar stools, and dark wood floors.
Bright bedroom with blue accents, abstract wall art, and a desk beside large windows.

1000 DEWING AVE 409

LAFAYETTE

2 bedrooms Separator 2 bathrooms Separator 1,159 sqft

$1,150,000

Welcome home to this stunning town center condo. A gorgeous end unit in the center of sunny, safe Lafayette, this light-filled two bed, two bath home delivers the kind of lifestyle upgrade that's hard to find at any price. Soaring high ceilings, a private balcony with views, and a bright modern interior set the tone the moment you walk in. The updated kitchen and finishes feel fresh without feeling cold, giving you that perfect balance of style and comfort. In-unit laundry, dedicated storage, and secure garage parking for two cars check every practical box. The smart home features seal the deal: Level Smart Lock, Nest thermostat, WiFi-enabled ceiling fan in the primary suite, a security system that conveys with the home, and a mounted LG TV that can stay too. Step out onto your private balcony and take in the views, your own quiet escape right in the heart of it all. In the building, enjoy access to a resident lounge that makes entertaining effortless. Nearby BART, top-rated schools, restaurants, and shopping put everything within easy reach, all in one of the East Bay's most desirable and well-established communities.
Request A Private Showing
Two-story yellow-green home with ornate trim, red front steps, and a wooden fence.
Renovated white kitchen with stone counters, stainless steel appliances, and a large island topped with yellow flowers.
Fenced backyard patio with square paving stones and stairs to a raised wooden deck.

1432 12TH STREET

OAKLAND

3 bedrooms Separator 2 bathrooms Separator 1,918 sqft

$988,000

This freshly renovated, delivered vacant West Oakland duplex offers exceptional versatility for owner-occupants, multi-generational living, or investors seeking an asset with strong long-term upside. Spacious units feature 3 bedrooms and 2 full baths, blending original architectural charm—think classic details, warm character, and abundant natural light—with a full suite of modern upgrades designed for comfort and functionality. Recent interior improvements include rebuilt front steps, new washer/dryer, new stove, refinished tub, updated shower/tub tile, new light fixtures, new kitchen countertops, new dishwasher, new shower door, and newly installed dehumidifiers with continuous exterior drainage. These thoughtful updates elevate daily living while reducing maintenance concerns. Property-wide enhancements deliver even more value: new exterior foundation slab waterproofing, drought-tolerant patio and trees, a new steel privacy door/gate, and a new wooden gate—ideal for added security and curb appeal. With an EV car charger already installed and sewer compliance completed, this duplex is move-in ready, income-ready, and positioned for excellent long--term appreciation in one of Oakland’s most evolving neighborhoods. Offering memorandum available upon request.
Request A Private Showing
Living room with blue-green sofas and wide windows overlooking the water.
Furnished living room with a blue-gray sofa and large windows overlooking trees and distant mountains.
Two teal chairs overlook a lake from beneath a leafy tree.

3215 KNOB ST

NICE

2 bedrooms Separator 2 bathrooms Separator 1,344 sqft

$249,000

Tucked into wine country with jaw-dropping views of North America’s oldest lake, this newly renovated three-bedroom, two-bath home offers the ultimate blend of natural beauty and modern comfort. Inside, you’ll find fresh flooring, updated bathrooms, and a sunlit open-concept layout perfect for entertaining. A cozy stove anchors the living area, while oversized windows showcase that stunning lake view. The spacious kitchen offers ample storage and another postcard-worthy view to enjoy while you cook. The serene primary suite features a large ensuite with a soaking tub and walk-in shower for your own private retreat. Step out onto your private deck to sip coffee at sunrise or unwind under the stars—this is indoor-outdoor living at its best. With generous yard space for gardening, dining, or relaxing, you’re surrounded by peace and possibility. Just minutes from farm-to-table dining, wineries, and year-round outdoor adventures like swimming, canoeing, and hiking. With clean air, rich history, and endless recreation, Lake County invites you to breathe deeper and live better.
Request A Private Showing
FEATURED LISTINGS
Coming soon: 4110 Lusk Street, Oakland.
Coming soon: 4139 Laguna Avenue, Oakland
Small Home, Big Lifestyle: Inspiring Stories of Successful Downsizing
Older couple relaxing on a gray sofa in a bright open-plan living room.
Why Downsizing Matters More Than Square Footage
For many homeowners, the idea of downsizing starts with a simple question: Do we really need all this space? A larger home can feel like a symbol of success, but it often comes with higher costs, more upkeep, and rooms that sit unused. Downsizing – moving into a smaller home – offers a different definition of success, one focused on ease, flexibility, and intention.
Springboard into Real Estate Investing: A Beginner's Guide to Your First Property
Hands use a laptop displaying house icons and real estate market charts.
Real estate investing has helped many people build long-term wealth, create steady income, and gain more control over their financial future. Still, buying your first investment property can feel intimidating. Questions about money, property choices, and landlord responsibilities often cause people to hesitate.
Energy-Efficient Spring Upgrades That Save Money Year-Round
Hands fit a glowing bulb into a black pendant socket among other hanging lights.
Energy efficiency is no longer just about lowering utility bills—it's about creating a home that's comfortable, resilient, and cost-effective to live in over time. Small improvements can reduce wasted energy, while larger upgrades can reshape how a home performs for decades. Spring is a natural moment to take stock of how a house is working and make improvements before extreme temperatures arrive.
BAY AREA MARKET DATA
San Francisco
Median Sold Price
Upward arrow
$1,568,688
$1,338,000 last month
San Francisco
List vs Sold Price
Upward arrow
115.00%
110.00% last month
San Francisco
Sold Listings
Upward arrow
424
301 last month
San Francisco
New Listings
Upward arrow
619
456 last month
San Francisco
 
Listing Volume for San Francisco
Bar chart comparing new and sold properties from January through March 2026.
Oakland
Median Sold Price
Upward arrow
$950,000
$730,000 last month
Oakland
List vs Sold Price
Upward arrow
117.00%
110.00% last month
Oakland
Sold Listings
Upward arrow
347
234 last month
Oakland
New Listings
Down arrow
384
439 last month
Oakland
 
Listing Volume for Oakland
Chart shows new listings falling and sold properties rising from January to March 2026.
Livermore
Median Sold Price
Down arrow
$1,099,000
$1,215,000 last month
Livermore
List vs Sold Price
Upward arrow
103.00%
102.00% last month
Livermore
Sold Listings
Upward arrow
113
81 last month
Livermore
New Listings
Down arrow
126
146 last month
Livermore
 
Listing Volume for Livermore
Bar chart of new and sold properties, January–March 2026; new listings lead each month as sales rise.
San Jose
Median Sold Price
Upward arrow
$1,440,000
$1,350,000 last month
San Jose
List vs Sold Price
Upward arrow
105.00%
104.00% last month
San Jose
Sold Listings
Upward arrow
310
255 last month
San Jose
New Listings
Upward arrow
443
409 last month
San Jose
 
Listing Volume for San Jose
Bar chart of new and sold properties, January–March 2026; both rise, with more new listings each month.
Sacramento
Median Sold Price
Upward arrow
$490,000
$484,000 last month
Sacramento
List vs Sold Price
100.00%
unchanged from last month
Sacramento
Sold Listings
Upward arrow
264
241 last month
Sacramento
New Listings
Upward arrow
465
301 last month
Sacramento
 
Listing Volume for Sacramento
Bar chart of new and sold listings, January–March 2026; new listings peak in March.
RENTAL OPPORTUNITIES
White two-story house with dark trim, an arched porch, and an attached garage.
Kitchen with gray cabinets, stainless steel appliances, patterned tile backsplash, and a large white island.
3373 Arkansas
 
Rent: $3300 / Month
 
Welcome home to this beautifully updated residence nestled in a quiet, friendly Oakland neighborhood. This bright and inviting home offers the perfect blend of comfort, convenience, and modern living -- ideal for families, professionals, or anyone seeking a peaceful retreat with easy access to the best of the East Bay. Step inside to discover a spacious, light-filled layout with warm finishes and thoughtful details throughout. The updated kitchen offers generous cabinet space, sleek countertops, and modern appliances perfect for everyday cooking or entertaining. The living and dining areas flow seamlessly, creating an open and airy feel you'll love coming home to. Each bedroom provides ample space and comfort, while the bathroom is well-appointed with clean finishes. Enjoy a private backyard area perfect for relaxing, gardening, or weekend gatherings. Located near major freeways, transit, schools, parks, and local shops, this home offers exceptional access to Oakland, Emeryville, and San Francisco. A wonderful opportunity to enjoy a serene setting.
 
2 Bedrooms • 1 Bath • 848 sq ft.
Vacant kitchen and laundry area with white cabinets, dark tile flooring, and an adjoining hardwood-floored room.
Empty room with dark wood flooring and sunlight streaming through window blinds.
10100 Walnut Unit 3
10100 Walnut Street, 3, Oakland , CA 94603
 
Rent: $3,650 / Month
Deposit: $3,650
Lease Terms : One Year
 
Community-style neighborhood, gated, with one dedicated parking spot. Washer and dryer in each unit. Professionally managed for all tenant's needs. Renters insurance is required. The owner pays for water and garbage.
 
4 Bedrooms • 1 Bath • 1050 sq ft
For lease at 12621 Patagonia Way, Rancho Cordova, from Proxima Realty.
For lease: 12667 Patagonia Way, Rancho Cordova.
FRACTIONAL OWNERSHIP OPPORTUNITY
REGENT
  • $1,548,000
  • $236,000 • 1/4 owner
  • ROI 40% • 3y
  • Berkeley, CAMulti-family
  • 4 Beds | 2 Baths
Two-story white house with a teal front door and tall wooden fence along the street.
STRAWBERRY
  • $18,000,000
  • $2,250,000 • 1/8
  • Mill Valley, CA
  • 5 Beds | 5 Baths | 5,775 sqft
Modern multi-level waterfront home with glass balconies, landscaped grounds, and a private dock.
SPRUCE
  • $77,822 • 1/4
  • Berkeley, CA
  • 4 Beds | 2 Baths
Staged bedroom with a white bed, exposed wood-beam ceiling, and warm wood floors.
CLAREMONT
  • $95,000 • 1/3
  • New York City, NY
  • 3 Beds | 1 Bath
Staged living room with a gray sofa, geometric rug, glass-paneled doors, and hardwood floors.
ALDEN
  • $48,000 • 1/4
  • Columbus, OH
  • 4 Beds | 2 Baths
Living room with a white brick fireplace, white seating, and dark hardwood floors.
PENDING
Two-story residence at sunset, with exterior stairs, a renovated kitchen, and a fenced backyard.
Pending Oakland home at 2832 Monticello Avenue, with a landscaped exterior, bright living room, and backyard deck.
SOLD
Two-story gray stucco home at 2084 Parsons Drive, Fairfield, marked sold, with blue doors and a two-car garage.
White building with black trim and a centered entry door, marked sold at 4080 Faunce Way.
Oakland home with open glass entry, angular gabled roof, and dense landscaping, marked sold.
Blue Oakland house with a yellow front door, exterior stairs, and garage, marked sold.
Sage-green Oakland home with white-trimmed windows, a red front door, and landscaped entry.
Berkeley home's furnished backyard patio with sliding glass doors, outdoor seating, and leafy shade trees.
Staged living room with dark wood trim, a white fireplace, and a black-and-white patterned rug.
Commercial storefront with turquoise patio umbrellas and outdoor seating, marked sold at 5323 Fairfax Avenue.
Past Recordings
Woman in a navy blazer and bright blue blouse smiles outdoors.
Tia Hunnicutt
Broker
Lic# 01840070
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All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Tia Hunnicutt, License 01840070, Proxima Realty.
 
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