Intero's Market Report

Berkeley, CA

Single-Family Homes



Berkeley, CA

Sat Dec 03 2022
This week the median list price for Berkeley, CA is $1,350,000 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 49. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sat Dec 03 2022
This week the median list price for Berkeley, CA is $1,350,000 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 49. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,350,000
Median Price of New Listings $0
Per Square Foot $849
Average Days on Market 68
Median Days on Market 42
Price Decreased 49%
Price Increased 8%
Relisted 10%
Inventory 49
Median Rent
Market Action 55
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,839,000 2,911 6,500 - 8,000 sqft 4 3.5 40 0 2 45
$1,449,499 1,723 0 - 4,500 sqft 3 2 98 0 2 56
$1,172,000 1,232 4,500 - 6,500 sqft 3 1.5 99 0 3 21
$949,000 1,088 0 - 4,500 sqft 2 1 97 0 1 35