Berkeley Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
7.7% YoY
Median Price/Sqft
8% YoY
No. of Transactions
7.1% YoY
County Median Sale Price
10.8% YoY
In Q2, the median home sale price in Berkeley was $1.4M, up 7.7% year-over-year. Sales activity was also on the rise, with a total of 167 sales closed, representing a year-over-year increase of 7.1%. At the same time, the median price per square foot in Q2 was $996, representing a change of 8% year-over-year. The median sale price for Alameda County homes was $1.2M.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Alameda County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Piedmont | $2,350,000 |
| 2 | Pleasanton | $1,790,000 |
| 3 | Fremont | $1,530,000 |
| 4 | Dublin | $1,430,500 |
| 5 | Berkeley | $1,430,000 |
| 6 | Newark | $1,350,000 |
| 7 | Union City | $1,285,000 |
| 8 | Alameda | $1,214,500 |
| 9 | Castro Valley | $1,180,000 |
| 10 | Livermore | $1,160,000 |
| 11 | Albany | $1,062,500 |
| 12 | Hayward | $890,000 |
| 13 | San Lorenzo | $850,000 |
| 14 | San Leandro | $838,000 |
| 15 | Oakland | $825,000 |
| 16 | Emeryville | $687,000 |
Residential Property Types Sold in Berkeley
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $730K | -7% | $871 | 2.2% | 25 |
| House | $1.5M | 4.8% | $1K | 9% | 142 |
The median sale price for houses in Berkeley in Q2 was $1.5M, showing no significant change year-over-year. Berkeley condos on the other hand, showed negative pricing trends, declining -7% year-over-year. As a result, the Q2 median sale price for condos in Berkeley was $730K.
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