Intero's Market Report

Berkeley, CA 94707

Single-Family Homes



Berkeley, CA 94707

Tue Oct 19 2021
This week the median list price for Berkeley, CA 94707 is $1,587,000 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has decreased to 10. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Berkeley, CA 94707

Tue Oct 19 2021
This week the median list price for Berkeley, CA 94707 is $1,587,000 with the market action index hovering around 80. This is an increase over last month's market action index of 76. Inventory has decreased to 10. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,587,000
Median Price of New Listings $2,950,000
Per Square Foot $574
Average Days on Market 23
Median Days on Market 7
Price Decreased 10%
Price Increased 20%
Relisted 0%
Inventory 10
Median Rent $3,850
Market Action 80
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,900,000 4,382 8,000 - 10,000 sqft 5 4 94 1 0 3
$2,597,500 3,566 8,000 - 10,000 sqft 4 3 94 0 1 52
$1,575,000 2,572 4,500 - 6,500 sqft 4 4 93 0 3 42
$818,000 1,910 4,500 - 6,500 sqft 3 2 82 0 1 7