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

Mon Apr 14 2025
This week the median list price for Berkeley, CA 94710 is $980,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 3. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Berkeley, CA 94710

Mon Apr 14 2025
This week the median list price for Berkeley, CA 94710 is $980,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 3. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $980,000
Median Price of New Listings $937,500
Per Square Foot $885
Average Days on Market 75
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,600,000 2,087 0 - 4,500 sqft 4 2 79 0 0 224
$980,000 975 0 - 4,500 sqft 3 2 110 1 0 0
$895,000 0 4,500 - 6,500 sqft 2 1 101 1 1 0