Intero's Market Report

Berkeley, CA 94703

Single-Family Homes



Berkeley, CA 94703

Sat Oct 16 2021
This week the median list price for Berkeley, CA 94703 is $1,395,000 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has held steady at or around 5. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Berkeley, CA 94703

Sat Oct 16 2021
This week the median list price for Berkeley, CA 94703 is $1,395,000 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has held steady at or around 5. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,395,000
Median Price of New Listings $1,295,000
Per Square Foot $651
Average Days on Market 14
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent $1,523
Market Action 71
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$2,250,000 4,100 0 - 4,500 sqft 5 5 105 0 0 63
$1,395,000 2,141 4,500 - 6,500 sqft 4 2 113 0 0 7
$1,395,000 2,378 4,500 - 6,500 sqft 3 3 111 1 1 0
$1,197,500 1,657 0 - 4,500 sqft 2 2 112 2 1 0