Is Berkeley, CA 94710 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Berkeley is a seller’s market. With about 1.8 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score86/ 100

More competitive than 91% of U.S. ZIP codes, and #103 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list114.3%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$917▲ +11.0% vs. last year

The Berkeley housing market right now

In the three months ending August 31, 2026, 50% of homes in Berkeley, CA 94710 sold above their list price, the typical home went under contract in 33 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 82%, homes sold more slowly (19 days then) and the median sale price rose 6% to $1,179,490. Overall, Berkeley is less competitive than a year ago, which gives buyers more room.

Within Alameda County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Berkeley ranks #103 of 1,069 CA ZIP codes with enough sales (score 86 out of 100).

Nearby, buyers who want less competition could look at Sunol 94586 (0% sold over asking) or Tracy 95391 (15% sold over asking), while Berkeley 94702 (90% sold over asking) and Oakland 94602 (86% sold over asking) are even more competitive.

Nearby markets

Alameda 94501Seller’s market $717 /sq ftAlameda 94502Seller’s market $658 /sq ftAlbany 94706Seller’s market $836 /sq ftBerkeley 94702Seller’s market $1,046 /sq ft Browse all markets →

Where Berkeley is

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Questions about Berkeley real estate

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

A seller’s market: there were 1.8 months of supply in Berkeley, CA 94710 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Berkeley?

The typical home went under contract in 33 days in the latest three months.

Do homes in Berkeley sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 114.3% of the list price.

What are property taxes in Berkeley?

About 1.15% of a home’s value a year in Alameda County, or roughly $4,600 on a $400,000 home.

What is the median home price in Berkeley?

The median sale price was $1,179,490 in the three months ending August 31, 2026, about $917 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology