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Berkeley Real Estate Prices And Market Stats

  • 49 Total For Sale
  • 12 New Listings

There are currently 49 properties for sale and Berkeley real estate prices are between $499,000 and $5,995,000. The median price for homes that are currently for sale is $1,258,000. Homes are selling for about $698 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

Median Price

$1,258,000

$499,000
Lowest Priced

$5,995,000
Highest Priced

Avg Price/SQFT

$698

$334
Lowest

$1,385
Highest

Avg DOM

33

Berkeley Real-Estate Price trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Berkeley Real-Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.

Date Median Price DOM Avg $/sqft Sales Ratio
Feb/2019 $995,000 15 $789 112.30%
Jan/2019 $948,000 16 $740 112.10%
Dec/2018 $1,116,500 32 $843 105.22%
Nov/2018 $985,000 15 $745 113.79%
Oct/2018 $989,500 14 $758 118.38%
Sep/2018 $1,046,500 17 $782 113.99%
Aug/2018 $995,000 15 $790 114.06%
Jul/2018 $1,025,000 15 $792 115.27%
Jun/2018 $1,060,000 14 $804 117.51%
May/2018 $985,000 14 $816 118.85%
Apr/2018 $979,000 14 $776 120.49%
Mar/2018 $950,000 14 $828 121.08%
Feb/2018 $991,944 14 $746 116.46%

Berkeley Market Sales Rate (All Property Types)

The charts below represent the current state of the real estate market in Berkeley. I created these charts to answer the question I hear a lot, "How is the real estate market in Berkeley?" The market sales rate, or absorption rate is based on the total number of homes currently for sale, divided by the total sold in the same time period. When the 90 day trend line falls below the 20, Berkeley is in a "Buyers Market". When the 90 day trend is above 20, Berkeley is in a "Sellers Market". Currently, about 10 homes are sold per week in Berkeley, therefore it would take about 3.0 weeks to sell all the homes if no new homes come on the market.

Complete Residential Inventory

Below is all the properties currently for sale in Berkeley, sorted by number of bedrooms.

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 2 $591,500 $591,500 746 $793 $793
2 2 $697,000 $697,000 1,201 $605 $605
3 1 $1,050,000 $1,050,000 1,425 $736 $737
all 5 $608,000 $725,400 1,064 $736 $707

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 1 $1,495,000 $1,495,000 1,407 $1,062 $1,063
2 9 $860,000 $905,222 1,170 $802 $801
3 10 $1,425,000 $1,328,500 1,879 $708 $721
4 16 $1,495,000 $1,752,353 2,806 $646 $630
5 5 $1,395,000 $2,368,000 3,298 $582 $715
7 2 $4,947,500 $4,947,500 8,711 $610 $610
all 43 $1,395,000 $1,690,689 2,547 $700 $706

Loft

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
0 1 $699,000 $699,000 2,094 $333 $334
all 1 $699,000 $699,000 2,094 $333 $334

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $1,750,000 2,519 19 1941 0 25 Most Expensive 25% of properties
Upper/Second $1,345,000 1,885 14 1935 0 24 Upper-middle 25% of properties
Lower/Third $1,000,000 1,433 15 1940 0 25 Lower-middle 25% of properties
Bottom/Fourth $755,000 993 26 1926 0 24 Least expensive 25% of properties
Image of Trang Dunlap

Trang Dunlap

Intero Real Estate
[email protected] 888.422.9991

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