Berkeley, CA Housing Market
The Berkeley housing market is most competitive. Homes in Berkeley receive 2 offers on average and sell in around 14 days. The median sale price of a home in Berkeley was $1.4M last month, down 2.0% since last year. The median sale price per square foot in Berkeley is $970, up 15.8% since last year.
Berkeley Housing Market Trends
In April 2024, Berkeley home prices were down 2.0% compared to last year, selling for a median price of $1.4M. On average, homes in Berkeley sell after 14 days on the market compared to 14 days last year. There were 64 homes sold in April this year, up from 39 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Berkeley housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 18% above list price and go pending in around 14 days.
- Hot homescan sell for about 34% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 8% above list price and go pending in around 16 days.
- Hot homescan sell for about 19% above list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 9 days.
- Hot homescan sell for about 10% above list price and go pending in around 7 days.
Berkeley Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Berkeley from outside metros.
- New York homebuyers searched to move into Berkeley more than any other metro followed by Santa Barbara and Pensacola.
- 78% of Berkeley homebuyers searched to stay within the Berkeley metropolitan area.
- Sacramento was the most popular destination among Berkeley homebuyers followed by Los Angeles and San Diego.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 463 | ||
2 | 142 | ||
3 | 90 | ||
4 | 66 | ||
5 | 39 | ||
6 | 11 | ||
7 | 9 | ||
8 | 4 | ||
9 | 3 | ||
10 | 2 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 12,167 | ||
2 | 3,361 | ||
3 | 2,714 | ||
4 | 1,822 | ||
5 | 1,808 | ||
6 | 1,448 | ||
7 | 1,370 | ||
8 | 1,367 | ||
9 | 1,351 | ||
10 | 1,320 |
Home offer insights for Berkeley
Recent offers
View houses in Berkeley that sold recently
Recently sold homes
- $1,575,000 Last Sold Price3 beds2.5 baths1,814 sq ft437 Michigan Ave, Berkeley, CA 94707List Price$995,000Sale to List58% over listDays on Market34 days437 Michigan Ave, Berkeley, CA 94707
- $1,150,000 Last Sold Price3 beds1 bath1,314 sq ft2814 Mathews St, Berkeley, CA 94702(415) 624-8598List Price$1,115,000Sale to List3% over listDays on Market63 days2814 Mathews St, Berkeley, CA 94702
- $1,280,000 Last Sold Price2 beds2 baths1,228 sq ft1806 Allston Way, Berkeley, CA 94703List Price$1,050,000Sale to List22% over listDays on Market34 days1806 Allston Way, Berkeley, CA 94703
- $2,410,000 Last Sold Price10 beds5 baths3,281 sq ft2211 Haste St, Berkeley, CA 94704List Price$2,410,000Sale to List0% over listDays on Market26 days2211 Haste St, Berkeley, CA 94704
- $1,265,000 Last Sold Price4 beds2 baths1,383 sq ft1138 Bancroft, Berkeley, CA 94702Premier Diamond Realty KW Advisors East BayList Price$999,000Sale to List27% over listDays on Market29 days1138 Bancroft, Berkeley, CA 94702
- $1,727,000 Last Sold Price3 beds3 baths1,546 sq ft1000 Page St, Berkeley, CA 94710List Price$1,149,000Sale to List50% over listDays on Market21 days1000 Page St, Berkeley, CA 94710
- $4,200,000 Last Sold Price21 beds8 baths4,625 sq ft2210 Martin Luther King Jr Way, Berkeley, CA 94704List Price$4,350,000Sale to List3% under listDays on Market119 days2210 Martin Luther King Jr Way, Berkeley, CA 94704
- $970,000 Last Sold Price3 beds2 baths1,784 sq ft479 Kentucky Ave, Berkeley, CA 94707List Price$899,000Sale to List8% over listDays on Market43 days479 Kentucky Ave, Berkeley, CA 94707
See all recently sold homes in Berkeley.
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Schools in Berkeley
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Berkeley Arts Magnet At Whittier School Public • K-5 | 387 Students | 18 reviews |
8/10 Ruth Acty Elementary Public • K-5 | 411 Students | 31 reviews |
8/10 Marin Elementary School Public • K-5 | 494 Students | 6 reviews |
8/10 Cornell Elementary School Public • K-5 | 542 Students | 6 reviews |
7/10 Thousand Oaks Elementary School Public • K-5 | 362 Students | 13 reviews |
Climate's impact on Berkeley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Berkeley.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Berkeley
Walk Score®
Transit Score®
Bike Score®
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