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Berkeley Real Estate Sales Data for All Home Types in Jul 2018

Median Sales Price
$1,012,500
Jul 2017 (YOY)
$1,034,500 -2.2%

Jun 2018 (MOM)
$1,060,000 -4.7%
Avg Cost Per Foot
$794
Jul 2017 (YOY)
$685 13.8%

Jun 2018 (MOM)
$804 -1.3%
Jul 2018 Jul 2017 Jun 2018
Total Sales 86 74 14.0% 70 18.6%
Average Sold Price $1,235,894 $1,094,174 11.5% $1,216,981 1.5%
Median DOM 14.5 14.5 0.0% 14 3.4%
Avg Listing/Sales Ratio 115% 115% -0.5% 117% -1.7%
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".

Market Sales Rate (All Home Types)

The market sales rate, or absorption rate is based on the total number of homes for sale, divided by the total sold in the same time period. This chart shows whether we are in a "buyers Market" or "Sellers Market".

Market Price trends (All Home Types)

The market price trend chart shows the median selling prices over time.

All Home Types Market Activity - Monthly Active, Pending and Sold Activity

The market inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each montha and sold each month.
Date Median Price DOM Avg $/sqft Sales Ratio
2018-07 $1,012,500 15 $794 114.89%
2018-06 $1,060,000 14 $804 116.88%
2018-05 $985,000 14 $816 118.57%
2018-04 $979,000 14 $776 120.97%
2018-03 $950,000 14 $828 121.01%
2018-02 $991,944 14 $746 116.44%
2018-01 $1,048,944 16 $734 111.88%
2017-12 $996,500 16 $717 114.34%
2017-11 $880,000 15 $759 118.15%
2017-10 $989,000 14 $760 118.13%
2017-09 $996,500 15 $780 117.43%
2017-08 $939,000 15 $720 116.26%
2017-07 $1,034,500 15 $685 115.47%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 8 $579,000 $561,125 768 $794 $748
2 3 $788,000 $745,267 880 $912 $864
3 2 $1,174,500 $1,174,500 1,675 $702 $702
all 13 $599,000 $697,985 933 $781 $768
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
1 8 $579,000
2 3 $788,000
3 2 $1,174,500
all 13 $599,000

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 1 $500,000 $500,000 546 $915 $916
2 7 $845,000 $890,129 1,212 $756 $748
3 11 $1,099,000 $1,195,091 1,721 $647 $702
4 15 $1,295,000 $1,772,726 2,799 $598 $619
5 6 $2,041,500 $2,317,148 3,829 $570 $627
7 1 $6,990,000 $6,990,000 12,000 $582 $583
all 41 $1,250,000 $1,642,943 2,559 $641 $671
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
1 1 $500,000
2 7 $845,000
3 11 $1,099,000
4 15 $1,295,000
5 6 $2,041,500
7 1 $6,990,000
all 41 $1,250,000

Patio Home/Villa

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 1 $985,000 $985,000 1,085 $907 $908
all 1 $985,000 $985,000 1,085 $907 $908
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 1 $985,000
all 1 $985,000

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 $2,391,500 4,206 31 1948 0 14 Most Expensive 25% of properties
Upper/Second $1,224,500 1,974 14 1952 2 14 Upper-middle 25% of properties
Lower/Third $901,500 1,477 17 1942 5 14 Lower-middle 25% of properties
Bottom/Fourth $588,000 842 28 1936 1 13 Least expensive 25% of properties
This is a condensed table. Please view this website on a larger screen to see full details
Quartile Median Price Total Listings
Top/First $2,391,500 14
Upper/Second $1,224,500 14
Lower/Third $901,500 14
Bottom/Fourth $588,000 13
Intero Real Estate Services, Inc.
a Berkshire Hathaway affiliate

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Phone: 888.422.9991
Email: trangsf@gmail.com
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Berkeley homes for sale

79

9 New | 0 REO
1 Price Change | 1 Back on Market
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