Scott Ward's Market Update

Berkeley, CA 94705

Single-Family Homes

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



Berkeley, CA 94705

Thu Jan 17 2019
This week the median list price for Berkeley, CA 94705 is $1,900,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 5. Click here to stay informed with the Berkeley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Berkeley, CA 94705

Thu Jan 17 2019
This week the median list price for Berkeley, CA 94705 is $1,900,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 5. Click here to stay informed with the Berkeley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,900,000
Per Square Foot $551
Days on Market 166
Price Decreased 40%
Price Increased 0%
Relisted 40%
Inventory 5
Median House Rent $5,500
Most Expensive $4,278,999
Least Expensive $995,000
Market Action Index
Strong Seller's Market
47

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$4,278,999 5,421 0.25 - 0.5 acre 7 5 112 0 0 266
$2,799,888 4,200 6,500 - 8,000 sqft 4 4 0 0 0 28
$1,900,000 3,444 4,500 - 6,500 sqft 4 2 110 0 0 196
$1,235,000 3,038 6,500 - 8,000 sqft 4 2 19 0 0 171