Intero's Market Report

Berkeley, CA 94703

Single-Family Homes


Berkeley, CA 94703

Sat Jul 27 2024
This week the median list price for Berkeley, CA 94703 is $1,100,000 with the market action index hovering around 66. This is less than last month's market action index of 71. Inventory has increased to 13. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Berkeley, CA 94703

Sat Jul 27 2024
This week the median list price for Berkeley, CA 94703 is $1,100,000 with the market action index hovering around 66. This is less than last month's market action index of 71. Inventory has increased to 13. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,100,000
Median Price of New Listings $1,195,000
Per Square Foot $830
Average Days on Market 27
Median Days on Market 28
Price Decreased 31%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 66
Strong Seller's Market

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

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
$1,479,000 1,592 4,500 - 6,500 sqft 4 3 109 1 2 14
$1,195,000 1,498 4,500 - 6,500 sqft 3 2 99 2 1 0
$927,000 1,234 0 - 4,500 sqft 3 1 104 0 1 35
$839,500 845 0 - 4,500 sqft 2 1 116 0 0 38