RE/MAX Accord's Market Report

Berkeley, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Berkeley, CA

Wed Aug 12 2020
This week the median list price for Berkeley, CA is $1,472,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. Inventory has held steady at or around 68. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Berkeley, CA

Wed Aug 12 2020
This week the median list price for Berkeley, CA is $1,472,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. Inventory has held steady at or around 68. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,472,000
Per Square Foot $752
Days on Market 62
Price Decreased 22%
Price Increased 10%
Relisted 15%
Inventory 68
Median Rent $3,823
Most Expensive $12,000,000
Least Expensive $795,000
Market Action 57
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
$2,950,000 4,310 8,000 - 10,000 sqft 4 4 26 1 0 124
$1,699,000 2,607 4,500 - 6,500 sqft 4 4 89 6 4 64
$1,345,000 1,896 4,500 - 6,500 sqft 3 2 81 8 7 31
$998,000 1,272 0 - 4,500 sqft 3 2 94 6 4 27