Your Real Estate Market Update
Berkeley, CA 94705
Single-Family Homes
The Most Powerful Market Insights from Arcus Homes
Berkeley, CA 94705
Thu Jan 20 2022
This week the median list price for Berkeley, CA 94705 is $1,185,000 with the market action index hovering around 69. This is an increase over last month's market action index of 30. Inventory has held steady at or around 2.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $1,185,000 | |
| Median Price of New Listings | $1,185,000 | |
| Per Square Foot | $795 | |
| Average Days on Market | 0 | |
| Median Days on Market | 0 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 2 | |
| Median Rent | $2,938 | |
| Market Action | 69 | |
| Strong Seller's Market | ||
Click for more charts
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 |
| $1,185,000 | 1,524 | 4,500 - 6,500 sqft | 3 | 2 | 110 | 2 | 0 | 0 |
| $1,195,000 | 1,762 | 4,500 - 6,500 sqft | 4 | 3 | 115 | 1 | 0 | 0 |
| $1,175,000 | 1,286 | 4,500 - 6,500 sqft | 3 | 1 | 106 | 1 | 0 | 0 |