Intero's Market Report

Berkeley, CA 94705

Single-Family Homes



Berkeley, CA 94705

Sat Jun 10 2023
This week the median list price for Berkeley, CA 94705 is $2,595,000 with the market action index hovering around 46. This is less than last month's market action index of 51. Inventory has increased 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

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 94705

Sat Jun 10 2023
This week the median list price for Berkeley, CA 94705 is $2,595,000 with the market action index hovering around 46. This is less than last month's market action index of 51. Inventory has increased 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

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 $2,595,000
Median Price of New Listings $0
Per Square Foot $978
Average Days on Market 47
Median Days on Market 25
Price Decreased 25%
Price Increased 13%
Relisted 0%
Inventory 8
Median Rent
Market Action 46
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$4,575,000 4,569 0.25 - 0.5 acre 6 6.3 99 0 0 56
$3,072,500 2,339 0.25 - 0.5 acre 4 4 55 0 0 10
$2,045,000 2,974 4,500 - 6,500 sqft 3 2.5 116 0 2 108
$1,173,000 1,444 0 - 4,500 sqft 2 2 98 0 1 14