Intero's Market Report
Berkeley, CA 94709
Single-Family Homes
Berkeley, CA 94709
Fri Apr 26 2024
This week the median list price for Berkeley, CA 94709 is $1,795,000 with the market action index hovering around 59. This is an increase over last month's market action index of 18. Inventory has decreased to 1.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $1,795,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $902 | |
| Average Days on Market | 7 | |
| Median Days on Market | 7 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 1 | |
| Median Rent | ||
| Market Action | 59 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| 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 |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $1,795,000 | 1,990 | 0 - 4,500 sqft | 5 | 3 | 110 | 0 | 1 | 7 |