|
|
|
|
| August 2025 Real Estate Insights
|
|
|
At the Eloise Real Estate Group, we bring over 25 years of combined real estate expertise to help our clients navigate one of the most important journeys of their lives — buying, selling, or investing in property. For the months of June and July, we shared a lot about family activities. Since August is recognized as several National Awareness Months, this time we’re focusing on National Black Business Month
.
|
|
|
| National Black Business Month — Snapshot
|
|
|
-
Across the U.S., there are approximately
3.5 million Black-owned businesses,
contributing significantly to the economy and employing over
1.2 million people
(SBA). The U.S. Census Bureau also reports
194,585 employer Black-owned businesses
generating more than $211 billion annually.
-
In Oakland, Black-owned businesses span across industries, from beloved restaurants like
Asmara
and
Willows & Pine
, to fashion retailers such as
Taylor Jay
and
Love Iguehi,
and community collectives like
Phat Beets Produce.
|
|
|
|
|
As your trusted real estate professionals in the Oakland and East Bay Area, we’re keeping a close eye on the latest market activity so you can make informed decisions.
Here’s a quick snapshot of what’s happening in Alameda County
and the Oakland single-family home market
right now:
|
|
|
| Alameda County Real Estate Snapshot — August 2025
|
|
|
-
1,319 single-family homes for sale, providing 2.2 months of inventory
-
757 new listings
-
602 homes sold at a median price of $1.2M
-
Median overbid percentage: 45.6%
-
Average days on market: 26
|
|
|
|
| Oakland Real Estate Snapshot — August 2025
|
|
|
-
455 single-family homes for sale, providing 3 months of inventory
-
187 new listings
-
150 homes sold at a median price of $875K
-
Median overbid percentage: 33%
-
Average days on market: 38
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Both Alameda County and Oakland remain competitive, with strong buyer demand and significant overbidding. Sellers are still well-positioned, while buyers need careful strategy to succeed. If we have not mentioned your county or city, pleases reach out and I’ll get that data right over to you.
Call us today for a personalized market analysis or strategy session! 510-386-0547.
|
|
|
|
|
|
|
| A Call to Action — Supporting Community & Building Wealth
|
|
|
As we celebrate National Black Business Month, let’s remember that supporting local Black-owned businesses is not only about honoring history—it’s about investing in our community’s future. Every time we choose to shop, dine, or work with a Black-owned business, we help strengthen families, create jobs, and build generational wealth.
In real estate, the same is true. Homeownership is one of the most powerful tools for creating stability and passing down wealth. If you or someone you know is thinking about buying, selling, downsizing, or investing in Oakland and the East Bay, I’d be honored to guide them on that journey.
Let’s work together to keep our communities thriving—through business, through real estate, and through connection.
|
|
|
|
|
As I continue on eating healthy, and getting some exercise. I continue to keep my weight down and build muscle along the way. I love trying new recipes and putting my own spin on them. As my 3-year-old grandson says “So Good”
|
|
|
| Our 2025 Goal: Helping 50 Families
|
|
|
Please remember, our mission is to help 50 families or individuals accomplish their real estate goal. In order to accomplish this goal, we need your help. If you have a referral for someone relocating to the Oakland and East Bay area—or a client who needs a strategic, local agent—we’re here to help with white-glove service. Whether they’re a first-time buyer, luxury client, downsizing, or navigating a trust or estate sale, we’ll handle it with care and professionalism.
|
|
|
|
|
|
|
|
|
1427 65th Ave, Oakland, CA
Lowest-Priced 4-Plex in East Oakland!
This 4-unit multifamily property in East Oakland, just off International Blvd, is the lowest-priced 4-plex on the market—a rare opportunity to own income-generating real estate at an accessible price point.
1 Bed | 1 Bath | 6000 sq ft (total) | Now offered at $550,000
|
|
|
|
|
|
|
1821 74th Ave, Oakland, CA
Renovated duplex with both units tenant-occupied. Each unit features a nicely updated kitchen, washer and dryer hook-up, private entrances, and access to divided fenced yards. 5,370 sq ft lot offers potential for additional units (buyer to verify). Close to BART, public transit, shopping, and freeway access. Perfect for investors.
Now offered at $575,000
|
|
|
|
|
| Stay Informed and Connected
|
|
|
If you have any questions about the real estate market, need advice, or just want to chat, please reach out.
|
|
|
Resources:
U.S. Census Bureau: https://www.census.gov
SBA Office of Advocacy: https://advocacy.sba.gov
bridgeMLS Housing Stats: https://bridgemls.com/housing-statistics
California Association of Realtors: https://www.car.org
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Support Local BIPOC-Owned Businesses and Restaurants!
|
|
|
|
|
Gregory’s Underground Bakery
285 23rd St, Oakland, CA 94612
|
|
|
|
|
| What’s Happening In The Bay Area?
|
|
|
|
|
