Is Berkeley, CA 94708 a buyer’s or seller’s market?

The Berkeley housing market right now

In the three months ending August 31, 2026, 83% of homes in Berkeley, CA 94708 sold above their list price, the typical home went under contract in 15 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 93%, homes sold faster (17 days then) and the median sale price rose 16% to $1,799,221. Overall, Berkeley is less competitive than a year ago, which gives buyers more room.

Within Contra Costa County, homes here sell faster than in 85% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, Berkeley ranks #3 of 1,069 CA ZIP codes with enough sales (score 98 out of 100).

Nearby, buyers who want less competition could look at Port Costa 94569 (0% sold over asking) or Discovery Bay 94505 (17% sold over asking), while Diablo 94528 (100% sold over asking) is even more competitive.