The second quarter of 2026 remained steady on the residential side of Lamorinda real estate. The total number of sales was consistent in Lafayette, lower in Orinda and up in Moraga versus one year ago. The average price was slightly lower in all three cities. The closings that occurred were those that mostly went under contract from mid-February to late May in a period of relatively stable interest rates that hover around 7%. 

    Per Contra Costa Association of Realtors statistics reported from April 1 through June 30, 84 single family homes closed in Lafayette. This was close to the 86 single family homes closed in the same period one year ago. Sales prices ranged from $775,000 to $9.6 million and the average number of days on market was 15. In the second quarter last year it was 18 days. The average sales price was $2,394,353. This is down from a year ago when it was $2,591,172. In 2024 it was $2,458,919. In 2023 it was $2,499,679. 

    In Moraga, the number of single-family closings was 43 – substantially more than the 27 one year ago. Prices ranged from $975,000 to $3.31 million. The average sales price was $1,983,198, just below the $1,998,167 in 2Q2025. It was $1,985,176 in 2Q2024. In 2023 it was $2,121,393. The average marketing time was 17 days where a year ago it was 21. 

    In Orinda, the number of single-family closings was 64, a large decrease over the year ago period when it was 87. Sales prices ranged from $1.025 million to $7.5 million with an average price of $2,300,210, almost identical to a year ago’s $2,307,759. In 2024 it was $2,229,861. In 2023 it was $2,135,898. It took an average of 18 days to have a house go pending – versus 24 days in the same period a year ago.
 
    There was one single family closing in Canyon that sold off market for $500,000 and only two single family sales below $1 million in the other three communities combined. 

    In the quarter ending June 30, on an average price per square foot basis, Lafayette detached single-family homes sold at $913.16, which was an increase over a year ago when it was $880.53. In Moraga, homes sold for $870.09, an increase over 12 months ago when it was $824.85 per square foot. Orinda was at $831.56 – just above 2Q2025 when it was $827.88. 

    In Lafayette, the average sales price was just over 103% of the final asking price. A year ago, the average was just about 100% of final asking. In Moraga it was 101.6%, the same as a year ago and in Orinda it was 103.2%, exceeding a year ago when they sold at just under 100% of the final asking price. 

    In the condominium/town home category, Lafayette had 15 resale closings versus the year ago quarter when there were eight. Most of these were sales of new construction homes on Hough Avenue that were reported to the MLS. They sold between $627,835 and $3.5 million. Moraga had 15 when a year ago there were 11. Sale prices ranged from $320,000 to $1.4 million. Orinda had two ranging from $1.275 million and $1.46 million. 

    As of July 3, there were 47 homes under contract in the MLS in the three communities combined. One year ago, there were 57. The current pending homes have asking prices of $635,000 to $4.995 million. 

    Inventory has decreased. There are 125 properties on the market and a year ago there were 167 available properties in the three communities combined. 
    There are 60 properties on the market in Lafayette – a decrease from the 72 at this same time a year ago. Asking prices in Lafayette currently range from $350,000 for a distressed probate property to $8.398 million. 

    In Moraga, buyers have their choice of 34 homes or condominiums listed between $410,000 and $3.59 million. A year ago, there were 35. 
    In Orinda there are 31 versus 60 on the market at the same time a year ago. The list prices range from $1.1 million to $6.85 million. 
    There are no bank-owned or short sales currently in the MLS available in the three communities. It is interesting to note that of the 125 dwellings on the market, five have lowered their asking prices in the last seven days. 

    Interest rates have continued to remain relatively stable. We are still seeing many buyers come to the area from San Francisco and the Peninsula and Oakland because they feel they may not be commuting every day and feel that to live further distances from San Francisco or Silicon Valley is manageable. 

    Lastly, it is important to look at what homes are selling for versus their list prices. Often homes come on the market at unrealistic prices, and they do not sell, but in the second quarter of this year many homes have had multiple offers and have sold at or above the list price. 
    Of the 84 single family sales that closed in Lafayette in the second quarter of 2025, 56 sold at or above the asking prices. 

    In Moraga, 31 of the 43 sales were at or above the final asking price and in Orinda, 44 of the 64 sold at or above the final listing price. 
    We are still seeing many buyers having to make offers without the traditional contingencies of obtaining financing or having a home appraise or even having the home inspected. Many sellers continue to obtain pre-sale inspections in order to understand the condition of their homes and to also prevent a buyer from trying to renegotiate a lower price or repairs.