Intero's Market Report

Berkeley, CA

Single-Family Homes



Berkeley, CA

Thu Mar 30 2023
This week the median list price for Berkeley, CA is $1,495,000 with the market action index hovering around 67. This is an increase over last month's market action index of 64. Inventory has decreased to 33. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Berkeley, CA

Thu Mar 30 2023
This week the median list price for Berkeley, CA is $1,495,000 with the market action index hovering around 67. This is an increase over last month's market action index of 64. Inventory has decreased to 33. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,495,000
Median Price of New Listings $1,395,000
Per Square Foot $826
Average Days on Market 27
Median Days on Market 7
Price Decreased 18%
Price Increased 3%
Relisted 3%
Inventory 33
Median Rent
Market Action 67
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$2,331,500 2,804 6,500 - 8,000 sqft 4 3 78 1 1 28
$1,711,000 1,929 4,500 - 6,500 sqft 3 3 100 4 2 3
$1,462,500 1,758 0 - 4,500 sqft 3 2.5 100 3 2 10
$1,098,000 1,254 0 - 4,500 sqft 3 2 99 6 2 0