The Berkeley housing market is very competitive. Homes in Berkeley receive 5 offers on average and sell in around 15 days. The median sale price of a home in Berkeley was $1.3M last month, up 10.7% since last year. The median sale price per square foot in Berkeley is $951, up 7.6% since last year.
What is the housing market like in Berkeley today?
In August 2024, Berkeley home prices were up 10.7% compared to last year, selling for a median price of $1.3M. On average, homes in Berkeley sell after 15 days on the market compared to 15 days last year. There were 38 homes sold in August this year, down from 50 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,330,000
+10.7% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Berkeley, CA
$1,330,000
+10.7%
United States
To compare other locations to the Berkeley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Berkeley add value to a home.
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How hot is the Berkeley housing market?
Berkeley is very competitive. Homes sell in 15 days.
0
100
89
Very Competitive
Redfin Compete Score™
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 19% above list price and go pending in around 15 days.
Hot homes
can sell for about 35% above list price and go pending in around 13 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Berkeley
Explore recent offers and recently sold homes in Berkeley
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$1.25M Offer
Sold for $1.25M
5bd | 3ba | ~2,000sqft
Under List Price
3%
Days on Market
51
Competing Offers
2
Down Payment
~30%
Christine Chang
Berkeley Redfin Agent
The seller decided to go with all cash offer with quick closing.
Offer Not Accepted|
5 Weeks Ago
~$1.5M Offer
Sold for $1.5M
3bd | 2ba | ~1,250sqft
Over List Price
21%
Days on Market
13
Competing Offers
5
Down Payment
—
Katy Polvorosa
Berkeley Redfin Agent
This was our first offer and while we landed in second position, the winner was quite a bit higher in price.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Berkeley has a minor risk of flooding. 26 properties in Berkeley are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Berkeley. Flood risk is increasing slower than the national average.
49% of properties are at risk of wildfire over the next 30 years
Fire Factor
Berkeley has a moderate risk of wildfire. There are 13,027 properties in Berkeley that have some risk of being affected by wildfire over the next 30 years. This represents 49% of all properties in Berkeley.