Scott Ward's Market Update

Berkeley, CA 94705

Single-Family Homes

Scott Ward Real Estate | www.scottward.me | scott@scottward.me


Berkeley, CA 94705

Fri Sep 11 2026
This week the median list price for Berkeley, CA 94705 is $2,348,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has decreased to 7. 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

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 94705

Fri Sep 11 2026
This week the median list price for Berkeley, CA 94705 is $2,348,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has decreased to 7. 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

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 $2,348,000
Median Price of New Listings $3,850,000
Per Square Foot $718
Average Days on Market 37
Median Days on Market 14
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 53
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$3,374,000 4,593 0.25 - 0.5 acre 4 5 53 1 1 3
$2,549,000 3,940 0 - 4,500 sqft 5 4.8 36 0 0 59
$1,648,975 2,585 8,000 - 10,000 sqft 3 4 35 0 0 38
$899,888 708 4,500 - 6,500 sqft 2 1 33 0 0 56