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 2.9% since last year. The median sale price per square foot in Berkeley is $967, up 15.5% since last year.
Berkeley Housing Market Trends
In April 2024, Berkeley home prices were down 2.9% 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 65 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 15 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 9% above list price and go pending in around 16 days.
- Hot homescan sell for about 21% 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 11% 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
- $680,000 Last Sold Price1 bed1 bath885 sq ft1120 Santa Fe Ave, Albany, CA 94706(415) 738-7000List Price$649,000Sale to List5% over listDays on Market35 days1120 Santa Fe Ave, Albany, CA 94706
- $2,050,000 Last Sold Price3 beds2 baths1,374 sq ft2117 Spaulding Ave, Berkeley, CA 94703List Price$1,129,000Sale to List82% over listDays on Market29 days2117 Spaulding Ave, Berkeley, CA 94703
- $1,500,000 Last Sold Price3 beds2 baths1,552 sq ft1227 Channing Way, Berkeley, CA 94702List Price$1,195,000Sale to List26% over listDays on Market45 days1227 Channing Way, Berkeley, CA 94702
- $1,620,000 Last Sold Price3 beds3.5 baths2,218 sq ft38 Panoramic Way, Berkeley, CA 94704List Price$1,535,790Sale to List5% over listDays on Market55 days38 Panoramic Way, Berkeley, CA 94704
- $2,680,000 Last Sold Price4 beds3.5 baths2,164 sq ft495 Vincente Ave, Berkeley, CA 94707List Price$2,195,000Sale to List22% over listDays on Market9 days495 Vincente Ave, Berkeley, CA 94707
- $1,700,000 Last Sold Price3 beds2 baths1,175 sq ft1430 Parker St, Berkeley, CA 94702List Price$1,175,000Sale to List45% over listDays on Market27 days1430 Parker St, Berkeley, CA 94702
- $2,560,000 Last Sold Price5 beds3 baths3,588 sq ft450 Vassar Ave, Berkeley, CA 94708List Price$2,150,000Sale to List19% over listDays on Market49 days450 Vassar Ave, Berkeley, CA 94708
- $1,440,000 Last Sold Price3 beds2 baths1,462 sq ft2911 Wheeler St, Berkeley, CA 94705List Price$975,000Sale to List48% over listDays on Market29 days2911 Wheeler St, Berkeley, CA 94705
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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