$10,000 Closing Credit*
$925,000
1,198 SqFt
3 Beds
•1 Full Bath
Mary Canavan, Listing Office: THE GRUBB CO. INC.
Is North Berkeley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Berkeley has remained a Seller's Market.
Key Takeaway
North Berkeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Berkeley, CA
How much do homes in North Berkeley, CA cost?
Median Sold Price
$1,250,000
$1,009/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$147,500(-10.6%)
Key Takeaway
Homes in North Berkeley have sold for 10.6% less than they did a year ago.
Summary: The median home sold price in North Berkeley was $1,250,000 in November 2024, down 10.6% from last year, and the median price per square foot was $1,009.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | $687.5K | +19.6% |
| 2 Bedrooms | $1.1M | $1.0M | -7.5% |
| 3 Bedrooms | $1.6M | $1.6M | 0.0% |
| 4 Bedrooms | $1.8M | $1.9M | +5.1% |
| 5+ Bedrooms | $2.6M | $2.3M | -9.5% |
Summary: North Berkeley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 9.5%.
Housing Supply in North Berkeley, CA
How many homes are available in North Berkeley, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Summary: The North Berkeley real estate market had 11 homes for sale in November 2024, a 45.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 4 | -55.6% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The North Berkeley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 55.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Berkeley, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in North Berkeley in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North Berkeley, CA
How long does it take to sell a home in North Berkeley, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 13 Days | -5.3% |
Summary: Homes in North Berkeley had an average of 13 days on market in Nov 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Berkeley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in North Berkeley; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.