Scott Ward's Market Update
Berkeley, CA
Single-Family Homes
Scott Ward Real Estate | www.scottward.me | scott@scottward.me
Berkeley, CA
Fri May 08 2026
This week the median list price for Berkeley, CA is $1,450,000 with the market action index hovering around 68. This is an increase over last month's market action index of 59. Inventory has increased to 56.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $1,450,000 | |
| Median Price of New Listings | $1,072,500 | |
| Per Square Foot | $799 | |
| Average Days on Market | 32 | |
| Median Days on Market | 7 | |
| Price Decreased | 9% | |
| Price Increased | 5% | |
| Relisted | 0% | |
| Inventory | 56 | |
| Median Rent | ||
| Market Action | 68 | |
| Strong Seller's Market | ||
Despite this week’s down tic, the price trend remains upward for the last few weeks. We’re within sight of the market peak and a persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,495,000 | 3,224 | 6,500 - 8,000 sqft | 5 | 4 | 95 | 3 | 3 | 10 |
| $1,672,000 | 2,435 | 4,500 - 6,500 sqft | 4 | 3 | 94 | 3 | 10 | 14 |
| $1,172,500 | 1,459 | 4,500 - 6,500 sqft | 3 | 2 | 100 | 4 | 4 | 7 |
| $898,500 | 1,220 | 4,500 - 6,500 sqft | 2 | 1.5 | 101 | 8 | 4 | 0 |