Detached Oakland Home Sells for $1.5 Million in Hot Market

UPDATE: A historic home in Oakland has just sold for $1.5 million, signaling a continued surge in the local real estate market. The sale, which took place on August 20, 2025, involved a spacious 2,133-square-foot property located at 4626 San Sebastian Avenue, fetching an impressive $703 per square foot.

This two-story house, built in 1919, features four bedrooms and two bathrooms, making it a desirable choice for families and investors alike. The 4,000-square-foot lot provides ample outdoor space, enhancing its appeal in a competitive market.

The sale comes amid a trend of rising home values in the area. In August 2024, a nearby 1,328-square-foot home on Edgewood Avenue was sold for $1,310,000, translating to $986 per square foot. Just months prior, in May 2025, another property on Edgewood Avenue changed hands for $1,628,000, or $1,056 per square foot.

This uptick in property values reflects a growing demand in Oakland’s real estate market, with homes selling quickly and often above asking price. The recent sales underscore a trend that is making waves across the region, as buyers seek larger and historically rich homes.

As the market continues to heat up, potential buyers and sellers are urged to stay informed about local trends. Experts suggest that this is just the beginning, and those looking to enter the market should act quickly to capitalize on favorable conditions.

In light of these developments, local homeowners and prospective buyers will want to monitor the real estate landscape closely. The question remains: how high will prices climb in the coming months?

Stay tuned for further updates on this evolving story as we track the latest trends in Oakland’s dynamic housing market.