RE/MAX Accord's Market Report

Berkeley, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Berkeley, CA

Thu Mar 28 2024
This week the median list price for Berkeley, CA is $1,495,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has increased to 43. 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

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.

Berkeley, CA

Thu Mar 28 2024
This week the median list price for Berkeley, CA is $1,495,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has increased to 43. 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

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

Never miss important changes in the Berkeley market.
Median List Price $1,495,000
Median Price of New Listings $1,495,000
Per Square Foot $832
Average Days on Market 32
Median Days on Market 7
Price Decreased 12%
Price Increased 2%
Relisted 9%
Inventory 43
Median Rent
Market Action 61
Strong Seller's Market

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
$2,972,500 3,050 8,000 - 10,000 sqft 4 4 94 2 2 24
$1,895,000 2,341 4,500 - 6,500 sqft 4 3.5 100 4 4 7
$1,325,000 1,667 4,500 - 6,500 sqft 3 3 97 5 5 7
$950,000 1,012 0 - 4,500 sqft 2 1 99 4 4 7