Intero's Market Report

Berkeley, CA

Single-Family Homes



Berkeley, CA

Sat Apr 13 2024
This week the median list price for Berkeley, CA is $1,568,500 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 42. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Berkeley, CA

Sat Apr 13 2024
This week the median list price for Berkeley, CA is $1,568,500 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 42. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,568,500
Median Price of New Listings $1,105,000
Per Square Foot $870
Average Days on Market 36
Median Days on Market 7
Price Decreased 12%
Price Increased 0%
Relisted 2%
Inventory 42
Median Rent
Market Action 60
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$2,772,500 2,654 8,000 - 10,000 sqft 4 4 107 0 0 28
$1,970,000 2,699 4,500 - 6,500 sqft 4 4 99 2 3 21
$1,359,000 1,640 4,500 - 6,500 sqft 3 2 98 2 6 7
$998,000 1,000 0 - 4,500 sqft 2 1 98 4 5 7