Intero's Market Report
Berkeley, CA 94702
Single-Family Homes
Berkeley, CA 94702
Fri May 09 2025
This week the median list price for Berkeley, CA 94702 is $1,124,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has increased to 20.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $1,124,000 | |
| Median Price of New Listings | $995,000 | |
| Per Square Foot | $780 | |
| Average Days on Market | 60 | |
| Median Days on Market | 21 | |
| Price Decreased | 30% | |
| Price Increased | 5% | |
| Relisted | 0% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 57 | |
| Strong Seller's Market | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
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 | 2,330 | 0 - 4,500 sqft | 4 | 3 | 100 | 1 | 0 | 63 |
| $1,299,000 | 1,622 | 0 - 4,500 sqft | 3 | 2 | 86 | 1 | 0 | 21 |
| $995,000 | 1,061 | 0 - 4,500 sqft | 3 | 1 | 99 | 3 | 0 | 0 |
| $828,000 | 1,047 | 0 - 4,500 sqft | 3 | 1 | 113 | 2 | 1 | 7 |