RE/MAX Accord's Market Report
Berkeley, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Berkeley, CA
Mon Apr 27 2026
This week the median list price for Berkeley, CA is $1,525,000 with the market action index hovering around 63. This is an increase over last month's market action index of 62. Inventory has increased to 59.
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
| Median List Price | $1,525,000 | |
| Median Price of New Listings | $1,445,000 | |
| Per Square Foot | $744 | |
| Average Days on Market | 36 | |
| Median Days on Market | 7 | |
| Price Decreased | 7% | |
| Price Increased | 5% | |
| Relisted | 2% | |
| Inventory | 59 | |
| Median Rent | ||
| Market Action | 63 | |
| Strong Seller's Market | ||
In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,495,000 | 3,240 | 4,500 - 6,500 sqft | 5 | 3 | 93 | 5 | 1 | 7 |
| $1,695,000 | 2,530 | 4,500 - 6,500 sqft | 4 | 3 | 91 | 2 | 0 | 7 |
| $1,390,000 | 1,898 | 4,500 - 6,500 sqft | 3 | 3 | 89 | 3 | 6 | 7 |
| $972,499 | 1,228 | 0 - 4,500 sqft | 2 | 1 | 102 | 6 | 3 | 7 |