RE/MAX Accord's Market Report

Berkeley, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Berkeley, CA

Thu Oct 23 2025
This week the median list price for Berkeley, CA is $1,299,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Berkeley, CA

Thu Oct 23 2025
This week the median list price for Berkeley, CA is $1,299,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,299,000
Median Price of New Listings $1,347,000
Per Square Foot $726
Average Days on Market 58
Median Days on Market 25
Price Decreased 22%
Price Increased 4%
Relisted 17%
Inventory 72
Median Rent
Market Action 59
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,306,500 3,589 0.25 - 0.5 acre 4 3.3 97 2 5 31
$1,496,500 2,133 4,500 - 6,500 sqft 3 2.5 99 4 2 21
$1,072,000 1,494 4,500 - 6,500 sqft 3 2 100 4 7 7
$855,250 1,061 0 - 4,500 sqft 2 1.5 111 2 2 35