Berkeley Housing Market Report January 2025•Alameda County, California

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Housing Prices in Berkeley, CA

How much do homes in Berkeley, CA cost?

Housing Market Conditions

Is Berkeley, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Berkeley is a Seller's Market

Difference Since January 2024

Since last year, Berkeley has remained a Seller's Market.

Insight

Berkeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,438,800$905/SqFt
+$63,466
+4.6%

Based on all homes sold in the last 12 months

Insight

Homes in Berkeley have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Berkeley was $1,438,800 in January 2025, up 4.6% from last year, and the median price per square foot was $905.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Berkeley
+4.6%
Emeryville
0.0%
Albany
-0.5%
Oakland
-2.4%
Briones
-8.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$730K$670K
-8.2%
2$1.0M$1.1M
+4.7%
3$1.5M$1.5M
+0.7%
4$1.8M$1.9M
+2.7%
5$2.2M$2.2M
-2.1%

Summary: Berkeley housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -8.2%. The home price for 2 bedroom homes increased by +4.7%. The home price for 3 bedroom homes increased by +0.7%. The home price for 4 bedroom homes increased by +2.7%. The home price for 5 bedroom homes decreased by -2.1%.

Housing supply in Berkeley, CA

How many homes are available in Berkeley, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
99Last MonthJan 2025
842 months agoDec 2024
+17.9 %
Change MoMDec – Jan

Summary: The Berkeley real estate market had 99 homes for sale in Jan 2025, a 17.9 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
20Last MonthJan 2025
352 months agoDec 2024
-42.9 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
1610
+66.7%
22025
+25.0%
32528
+12.0%
42218
-18.2%
51118
+63.6%

Summary: Berkeley housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +12.0%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes increased by +63.6%.

Asking Price vs. Sold Price

How much do homes in Berkeley, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price5 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Berkeley, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Berkeley in January 2025, down by 42.9% month-over-month. Of the 20 sold homes, 35% were sold under asking, 25% were sold at asking, and and 40% were sold over asking.

Days on Market for Berkeley, CA

How long does it take to sell a home in Berkeley, CA?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days7 Homes

Over 90 Days2 Homes

Insight

Many homes in Berkeley are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 20 homes were sold in Berkeley; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
40 DaysThis YearJan 2025
46 Days1 year agoJan 2024
-11.4 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Berkeley had an average listing age of 40 days in Jan 2025, down by 11.4% compared to the previous year.

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Newest Listings in Berkeley, CA

What homes are available in Berkeley, CA?

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Nearby markets

Popular Cities with Homes for Sale in California

MLS Disclaimers and Copyright

Based on information from California Regional MLS, San Francisco MLS, and Bay Area Real Estate Information Services Inc. for the period 02/01/2023 - 02/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/20/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.