Intero's Market Report

Berkeley, CA 94705

Single-Family Homes



Berkeley, CA 94705

Wed Apr 24 2024
This week the median list price for Berkeley, CA 94705 is $2,423,444 with the market action index hovering around 52. This is an increase over last month's market action index of 39. Inventory has decreased to 8. 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

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

Wed Apr 24 2024
This week the median list price for Berkeley, CA 94705 is $2,423,444 with the market action index hovering around 52. This is an increase over last month's market action index of 39. Inventory has decreased to 8. 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

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 $2,423,444
Median Price of New Listings $2,596,500
Per Square Foot $977
Average Days on Market 74
Median Days on Market 39
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 52
Strong Seller's Market

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
$3,797,500 4,597 8,000 - 10,000 sqft 5 6 57 0 1 133
$2,623,444 2,296 4,500 - 6,500 sqft 3 3 109 1 0 10
$2,396,500 3,583 0.25 - 0.5 acre 6 4 64 1 1 24
$1,749,000 3,045 6,500 - 8,000 sqft 4 3.3 73 0 1 126