Scott Ward's Market Update

Berkeley, CA 94710

Single-Family Homes

Scott Ward Real Estate | www.scottward.me | scott@scottward.me



Current active inventory in Berkeley, CA 94710 is very low. Keep this in mind when looking at this report.

Berkeley, CA 94710

Thu Jan 17 2019
This week the median list price for Berkeley, CA 94710 is $922,500 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has held steady at or around 2. Click here to stay informed with the Berkeley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Berkeley, CA 94710

Thu Jan 17 2019
This week the median list price for Berkeley, CA 94710 is $922,500 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has held steady at or around 2. Click here to stay informed with the Berkeley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $922,500
Per Square Foot $480
Days on Market 66
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median House Rent $2,700
Most Expensive $1,050,000
Least Expensive $795,000
Market Action Index
Strong Seller's Market
56

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$922,500 1,948 0 - 4,500 sqft 4 2 54 0 0 66
$1,050,000 1,802 4,500 - 6,500 sqft 5 2 62 0 0 70
$795,000 2,094 0 - 4,500 sqft 3 2 47 0 0 63