Berkeley Real Estate Market Sees Home Sales Decline

The Berkeley market remained slow this week as sales dropped 22.9% to land at 27 homes sold over the last 30 days. On the other hand, close-by San Francisco registered 330 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Berkeley, with the median for this period rising from $1,085,000 to $1,100,000. There is only one month of inventory available in Berkeley, so it's a strong seller's market, even with the decrease in sales.

Want a home with a large living space in Berkeley? Start your search with these listings that provide the most in the area:

$1.8M   $2M   $1.4M  

Get started right now by checking out Berkeley homes for sale or reviewing Berkeley real estate trends.

Demographic facts about Berkeley:

  • The population has increased 10.4% in the last 10 years.
  • The lifestyle rating here is 76. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 40.4% of all commuters, while carpools account for 6.9%, and public transit makes up 18.7%.

Data reported through 1/12/2017

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