Orinda, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Orinda Neighborhoods Since 2000




Orinda, CA Real Estate Data


Orinda Housing Market Information

With 19,279 people, 6,647 houses or apartments, and a median cost of homes of $1,461,821, Orinda house prices are not only among the most expensive in California, Orinda real estate also is some of the most expensive in all of America.

Orinda is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Orinda than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Orinda. Owner-occupied housing accounts for 88.97% of Orinda's homes, and 75.24% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Orinda's housing was primarily built during this period, from the '40s through the '60s. A full 66.15% of the city's housing hails from this era. Other housing ages represented in Orinda include homes built between 1970-1999 ( 22.84%) and housing constructed before 1939 ( 5.60%). There's also some housing in Orinda built between 2000 and later ( 5.41%).

Orinda Home Appreciation Rates

In the last 10 years, Orinda has experienced some of the highest home appreciation rates of any community in the nation. Orinda real estate appreciated 26.36% over the last ten years, which is an average annual home appreciation rate of 2.37%, putting Orinda in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Orinda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Orinda that despite a nationwide downturn in the housing market, Orinda real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Orinda appreciation rates continue to be some of the highest in America, at 6.73%, which is higher than appreciation rates in 82.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Orinda. Orinda appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.92%.

Relative to California, our data show that Orinda's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,461,821

Orinda, CA HOME PRICES

Value Range
> $1,476,000 49.2
$1,107,001 - $1,476,000 32.4
$738,001 - $1,107,000 11.1
$591,001 - $738,000 1.4
$443,001 - $591,000 1.9
$296,001 - $443,000 1.3
$148,001 - $296,000 1.7
$73,001 - $148,000 0.5
$0 - $73,000 0.5

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.515312994085612 5.81241743725231

Number Of Homes And Apartments:
6,647

Rent & Ownership

 

Average Market Rent:
$3,202 / per month

Homeownership Rate

Homeownership
Owners 88.97
Renters 11.03
Vacant 1.22

Housing Market Details

 

Age of Homes

AGE OF Orinda HOMES
2000 or Newer 5.4
1970 - 1999 22.8
1940 - 1969 66.1
1939 or Older 5.6

Types of Homes

TYPE OF Orinda HOMES
Single-Family 93.6
Townhomes 3.1
Small Apt. Buildings 0.4
Apt. Complexes 2.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Orinda HOMES
No Bedroom 0.36
1 Bedroom 2.10
2 Bedrooms 9.01
3 Bedrooms 38.31
4 Bedrooms 36.93
5 or more bedrooms 13.30

Orinda Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
104.26% 4.29% 8 10
* 10 is highest