Intero's Market Report

Berkeley, CA 94710

Single-Family Homes


Berkeley, CA 94710

Thu May 01 2025
This week the median list price for Berkeley, CA 94710 is $997,000 with the market action index hovering around 40. This is an increase over last month's market action index of 35. Inventory has increased 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.

Slight Seller's Advantage

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 94710

Thu May 01 2025
This week the median list price for Berkeley, CA 94710 is $997,000 with the market action index hovering around 40. This is an increase over last month's market action index of 35. Inventory has increased 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.

Slight Seller's Advantage

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 $997,000
Median Price of New Listings $895,000
Per Square Foot $819
Average Days on Market 41
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 40
Slight Seller's Advantage

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
$1,600,000 2,087 0 - 4,500 sqft 4 2 79 0 0 238
$1,299,000 1,699 4,500 - 6,500 sqft 2 2 63 0 0 7
$988,500 1,161 4,500 - 6,500 sqft 2 1.5 115 0 0 10
$895,000 864 0 - 4,500 sqft 2 1 103 1 0 7