Intero's Market Report

Berkeley, CA

Single-Family Homes



Berkeley, CA

Sat Oct 16 2021
This week the median list price for Berkeley, CA is $1,395,000 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 72. 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 Oct 16 2021
This week the median list price for Berkeley, CA is $1,395,000 with the market action index hovering around 76. This is less than last month's market action index of 78. Inventory has increased to 72. 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 $1,395,000
Median Price of New Listings $1,295,000
Per Square Foot $723
Average Days on Market 34
Median Days on Market 7
Price Decreased 11%
Price Increased 10%
Relisted 4%
Inventory 72
Median Rent $3,497
Market Action 76
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
$2,725,000 3,586 6,500 - 8,000 sqft 5 4 96 3 4 24
$1,597,000 2,344 4,500 - 6,500 sqft 4 3 95 4 8 21
$1,295,084 1,811 4,500 - 6,500 sqft 3 2 97 8 7 7
$898,500 1,200 0 - 4,500 sqft 2 2 97 8 6 7