Scott Ward's Market Update

Berkeley, CA 94710

Single-Family Homes

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


Current active inventory in Berkeley, CA 94710 is very low. Keep this in mind when looking at this report.

Berkeley, CA 94710

Fri Jan 10 2025
This week the median list price for Berkeley, CA 94710 is $2,275,000 with the market action index hovering around 48. This is less than last month's market action index of 54. Inventory has decreased to 2. 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.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Berkeley, CA 94710

Fri Jan 10 2025
This week the median list price for Berkeley, CA 94710 is $2,275,000 with the market action index hovering around 48. This is less than last month's market action index of 54. Inventory has decreased to 2. 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.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $2,275,000
Median Price of New Listings $0
Per Square Foot $764
Average Days on Market 105
Median Days on Market 105
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 48
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,950,000 3,867 0 - 4,500 sqft 12 3 120 0 0 84
$1,600,000 2,087 0 - 4,500 sqft 4 2 79 0 0 126