Scott Ward's Market Update

Berkeley, CA 94703

Single-Family Homes

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


Berkeley, CA 94703

Fri May 08 2026
This week the median list price for Berkeley, CA 94703 is $1,074,500 with the market action index hovering around 72. This is an increase over last month's market action index of 56. Inventory has decreased to 6. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Berkeley, CA 94703

Fri May 08 2026
This week the median list price for Berkeley, CA 94703 is $1,074,500 with the market action index hovering around 72. This is an increase over last month's market action index of 56. Inventory has decreased to 6. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,074,500
Median Price of New Listings $1,197,444
Per Square Foot $620
Average Days on Market 88
Median Days on Market 21
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 72
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as 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
$1,274,944 1,852 0 - 4,500 sqft 4 2.5 103 1 1 14
$1,149,000 2,108 4,500 - 6,500 sqft 4 2 116 0 1 14
$997,500 1,305 4,500 - 6,500 sqft 2 1 110 1 1 80
$849,000 1,876 4,500 - 6,500 sqft 3 2 121 0 0 322