Scott Ward's Market Update

Berkeley, CA 94703

Single-Family Homes

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


Berkeley, CA 94703

Thu Oct 30 2025
This week the median list price for Berkeley, CA 94703 is $998,000 with the market action index hovering around 68. This is an increase over last month's market action index of 60. 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.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Berkeley, CA 94703

Thu Oct 30 2025
This week the median list price for Berkeley, CA 94703 is $998,000 with the market action index hovering around 68. This is an increase over last month's market action index of 60. 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.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $998,000
Median Price of New Listings $0
Per Square Foot $818
Average Days on Market 56
Median Days on Market 28
Price Decreased 11%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent
Market Action 68
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,498,000 1,978 4,500 - 6,500 sqft 4 3.5 117 0 0 14
$1,148,500 1,128 0 - 4,500 sqft 2 1.8 116 0 0 42
$874,250 1,876 4,500 - 6,500 sqft 3 2 115 0 0 154
$674,500 921 0 - 4,500 sqft 1 1 117 0 0 35