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Berkeley, CA 94705

Single-Family Homes

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Berkeley, CA 94705

Wed Jul 02 2025
This week the median list price for Berkeley, CA 94705 is $1,899,500 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 20. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Berkeley, CA 94705

Wed Jul 02 2025
This week the median list price for Berkeley, CA 94705 is $1,899,500 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 20. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $1,899,500
Median Price of New Listings $998,000
Per Square Foot $696
Average Days on Market 64
Median Days on Market 25
Price Decreased 15%
Price Increased 5%
Relisted 5%
Inventory 20
Median Rent
Market Action 51
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,195,000 5,098 0.5 - 1 acre 5 4 23 0 1 49
$2,399,000 3,148 0.25 - 0.5 acre 4 2 30 0 1 49
$1,750,000 3,000 8,000 - 10,000 sqft 4 3 25 0 0 28
$1,395,000 1,954 0 - 4,500 sqft 3 2 115 1 1 7