Scott Ward's Market Update

Berkeley, CA 94710

Single-Family Homes

Scott Ward Real Estate | www.scottward.me | scott@scottward.me


Berkeley, CA 94710

Thu Oct 30 2025
This week the median list price for Berkeley, CA 94710 is $998,000 with the market action index hovering around 37. This is less than last month's market action index of 47. Inventory has increased to 9. Click here to stay informed with the Berkeley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Berkeley, CA 94710

Thu Oct 30 2025
This week the median list price for Berkeley, CA 94710 is $998,000 with the market action index hovering around 37. This is less than last month's market action index of 47. Inventory has increased to 9. Click here to stay informed with the Berkeley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $998,000
Median Price of New Listings $899,999
Per Square Foot $675
Average Days on Market 44
Median Days on Market 28
Price Decreased 44%
Price Increased 11%
Relisted 33%
Inventory 9
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,695,000 2,200 0 - 4,500 sqft 4 3 97 0 0 7
$1,023,500 1,286 0 - 4,500 sqft 3 2.5 105 0 0 94
$990,000 1,514 0 - 4,500 sqft 3 2.5 117 0 0 59
$799,499 1,343 0 - 4,500 sqft 2 1.5 133 1 0 21