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 $913, up 8.7% 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 17% above list price and go pending in around 15 days.
- Hot homescan sell for about 33% 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 18% 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 4% above list price and go pending in around 9 days.
- Hot homescan sell for about 9% 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 | Feb '24 - Apr '24 | ||
1 | 284 | ||
2 | 132 | ||
3 | 32 | ||
4 | 18 | ||
5 | 9 | ||
6 | 6 | ||
7 | 5 | ||
8 | 4 | ||
9 | 4 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 11,547 | ||
2 | 3,710 | ||
3 | 2,697 | ||
4 | 2,406 | ||
5 | 1,737 | ||
6 | 1,562 | ||
7 | 1,551 | ||
8 | 1,348 | ||
9 | 1,335 | ||
10 | 1,280 |
Home offer insights for Berkeley
Recent offers
View houses in Berkeley that sold recently
Recently sold homes
- $2,450,000 Last Sold Price4 beds2.5 baths2,725 sq ft1106 Colusa Ave, Berkeley, CA 94707RedfinList Price$2,139,000Sale to List15% over listDays on Market41 days1106 Colusa Ave, Berkeley, CA 94707
- $2,130,000 Last Sold Price4 beds3.5 baths2,699 sq ft1932 Yosemite Rd, Berkeley, CA 94707List Price$2,050,000Sale to List4% over listDays on Market89 days1932 Yosemite Rd, Berkeley, CA 94707
- $2,160,000 Last Sold Price4 beds3 baths1,722 sq ft1934 Ward St, Berkeley, CA 94703List Price$1,395,000Sale to List55% over listDays on Market23 days1934 Ward St, Berkeley, CA 94703
- $2,531,434 Last Sold Price3 beds3 baths2,929 sq ft2616 Etna St, Berkeley, CA 94704List Price$2,500,000Sale to List1% over listDays on Market23 days2616 Etna St, Berkeley, CA 94704
- $1,100,000 Last Sold Price2 beds1 bath1,147 sq ft2844 Stanton, Berkeley, CA 94702List Price$975,000Sale to List13% over listDays on Market23 days2844 Stanton, Berkeley, CA 94702
- $510,000 Last Sold Price1 bed1 bath645 sq ft1409 Spruce St Unit A, Berkeley, CA 94709List Price$549,000Sale to List7% under listDays on Market44 days1409 Spruce St Unit A, Berkeley, CA 94709
- $1,150,000 Last Sold Price2 beds1 bath1,024 sq ft1728 Ward St, Berkeley, CA 94703List Price$949,000Sale to List21% over listDays on Market33 days1728 Ward St, Berkeley, CA 94703
- $1,600,000 Last Sold Price2 beds2.5 baths2,567 sq ft104 Hill Rd, Berkeley, CA 94708List Price$1,295,000Sale to List24% over listDays on Market43 days104 Hill Rd, Berkeley, CA 94708
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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