Your Real Estate Market Update

Berkeley, CA 94705

Single-Family Homes

The Most Powerful Market Insights from Arcus Homes



Berkeley, CA 94705

Sun May 29 2022
This week the median list price for Berkeley, CA 94705 is $2,341,500 with the market action index hovering around 79. This is an increase over last month's market action index of 78. Inventory has increased to 12. 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

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.

Berkeley, CA 94705

Sun May 29 2022
This week the median list price for Berkeley, CA 94705 is $2,341,500 with the market action index hovering around 79. This is an increase over last month's market action index of 78. Inventory has increased to 12. 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

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

Never miss important changes in the Berkeley market.
Median List Price $2,341,500
Median Price of New Listings $2,488,000
Per Square Foot $761
Average Days on Market 20
Median Days on Market 14
Price Decreased 8%
Price Increased 8%
Relisted 0%
Inventory 12
Median Rent
Market Action 79
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
$3,495,000 3,827 0.25 - 0.5 acre 5 4 106 0 0 14
$2,599,000 4,070 6,500 - 8,000 sqft 4 4 25 2 0 0
$1,850,000 2,701 4,500 - 6,500 sqft 4 3 28 0 2 49
$995,000 1,819 0 - 4,500 sqft 3 2 97 1 0 7