$10,000 Closing Credit*
$995,000
1,056 SqFt
2 Beds
•1 Full Bath
Virginia Grainger, Katie & Jake Taylor Katie & Jake Taylor, Listing Office: Keller Williams Realty
Is South Berkeley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, South Berkeley has remained a Seller's Market.
Key Takeaway
South Berkeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Berkeley, CA
How much do homes in South Berkeley, CA cost?
Median Sold Price
$1,200,000
$882/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$170,000(+16.5%)
Key Takeaway
Homes in South Berkeley have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in South Berkeley was $1,200,000 in September 2024, up 16.5% from last year, and the median price per square foot was $882.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $565K | $800K | +41.6% |
| 2 Bedrooms | $930K | $1.1M | +23.7% |
| 3 Bedrooms | $1.2M | $1.2M | +3.3% |
| 4 Bedrooms | $1.5M | $1.5M | +1.9% |
| 5+ Bedrooms | $1.4M | $1.0M | -24.9% |
Summary: South Berkeley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.6%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 24.9%.
Median Sold Price Compared To Nearby Neighborhoods
| South Berkeley | $1.0M | $1.2M | +16.5% |
| Brushrod | $1.3M | $1.1M | -17.0% |
Housing Supply in South Berkeley, CA
How many homes are available in South Berkeley, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The South Berkeley real estate market had 20 homes for sale in September 2024, a 11.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The South Berkeley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Berkeley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Berkeley in September 2024, up by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Berkeley, CA
How long does it take to sell a home in South Berkeley, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 5 Days | 40 Days | +638.2% |
Summary: Homes in South Berkeley had an average of 40 days on market in Sep 2024, up by 638.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Berkeley has remained consistent over time.
Summary: During September 2024, 5 homes were sold in South Berkeley; 40% of homes were sold within 30 days, 60% 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. 
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