Intero's Market Report

Berkeley, CA 94703

Single-Family Homes



Berkeley, CA 94703

Wed May 22 2024
This week the median list price for Berkeley, CA 94703 is $1,129,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 7. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Berkeley, CA 94703

Wed May 22 2024
This week the median list price for Berkeley, CA 94703 is $1,129,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 7. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,129,000
Median Price of New Listings $1,129,000
Per Square Foot $816
Average Days on Market 22
Median Days on Market 7
Price Decreased 29%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent
Market Action 69
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,450,000 2,226 4,500 - 6,500 sqft 3 2 112 0 1 7
$1,395,000 1,680 0 - 4,500 sqft 4 2.5 100 0 0 21
$1,089,500 1,301 0 - 4,500 sqft 2 2 97 1 2 3
$897,444 1,302 0 - 4,500 sqft 3 2 99 0 1 49