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Berkeley, CA 94708

Single-Family Homes

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Berkeley, CA 94708

Fri Oct 17 2025
This week the median list price for Berkeley, CA 94708 is $1,395,000 with the market action index hovering around 63. This is an increase over last month's market action index of 61. Inventory has increased to 15. 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

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 94708

Fri Oct 17 2025
This week the median list price for Berkeley, CA 94708 is $1,395,000 with the market action index hovering around 63. This is an increase over last month's market action index of 61. Inventory has increased to 15. 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

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 $1,395,000
Median Price of New Listings $1,095,000
Per Square Foot $675
Average Days on Market 21
Median Days on Market 7
Price Decreased 13%
Price Increased 7%
Relisted 7%
Inventory 15
Median Rent
Market Action 63
Strong Seller's Market

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
$2,195,000 3,683 6,500 - 8,000 sqft 4 3.3 47 1 2 10
$1,697,000 2,548 6,500 - 8,000 sqft 3 2.5 80 1 1 17
$1,046,500 1,608 4,500 - 6,500 sqft 3 1.5 85 3 2 0
$995,000 1,473 4,500 - 6,500 sqft 3 2 70 2 1 0