Intero's Market Report

Berkeley, CA 94708

Single-Family Homes



Berkeley, CA 94708

Mon Sep 21 2020
This week the median list price for Berkeley, CA 94708 is $1,489,000 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has held steady at or around 9. 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 have been falling a bit recently. 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 94708

Mon Sep 21 2020
This week the median list price for Berkeley, CA 94708 is $1,489,000 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has held steady at or around 9. 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 have been falling a bit recently. 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 $1,489,000
Per Square Foot $741
Days on Market 52
Price Decreased 33%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Most Expensive $2,980,000
Least Expensive $988,000
Market Action 58
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$2,587,500 3,629 0.25 - 0.5 acre 5 5 96 2 3 0
$1,699,000 3,499 4,500 - 6,500 sqft 5 4 79 0 1 210
$1,418,500 1,835 0 - 4,500 sqft 3 2 88 1 2 21
$995,000 1,224 6,500 - 8,000 sqft 2 2 70 2 2 2