Intero's Market Report

Berkeley, CA 94705

Single-Family Homes



Berkeley, CA 94705

Fri May 16 2025
This week the median list price for Berkeley, CA 94705 is $1,995,000 with the market action index hovering around 52. This is an increase over last month's market action index of 46. Inventory has increased to 25. 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 Narrative

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 94705

Fri May 16 2025
This week the median list price for Berkeley, CA 94705 is $1,995,000 with the market action index hovering around 52. This is an increase over last month's market action index of 46. Inventory has increased to 25. 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 Narrative

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 $1,995,000
Median Price of New Listings $1,795,000
Per Square Foot $761
Average Days on Market 60
Median Days on Market 14
Price Decreased 32%
Price Increased 4%
Relisted 12%
Inventory 25
Median Rent
Market Action 52
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$5,972,500 4,775 0.25 - 0.5 acre 5 4.5 67 1 0 17
$2,437,000 2,857 6,500 - 8,000 sqft 4 2.5 100 1 1 28
$1,898,500 3,472 8,000 - 10,000 sqft 4 3 22 2 0 98
$1,295,000 1,997 4,500 - 6,500 sqft 3 3 95 3 1 7