Berkeley Market Snapshot – August 2025

by Pamela Oettel

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

August brought a noticeable cooling in the Berkeley single-family home market. While prices remain high, both sales volume and speed have slowed — a shift that could benefit buyers heading into fall.

Here’s what the numbers show:

  • Average Sales Price: $1.58M — down 14%
  • Average List Price: $1.87M — down 2%
  • Homes Sold: 33 — a 41% drop
  • Average Days on Market: 29 — up 32%
  • Active Listings: 67 — up 2%

💡 Pamela’s Take:
This is the kind of market where pricing and presentation really matter. With more homes sitting longer and fewer buyers making moves, sellers need to be strategic. For buyers, this could be a window of opportunity to negotiate. It's also crucial to be aware of the home inventory listed for sale at the time, style, neighborhood, condition and presentation.

If you’re thinking about making a move in Berkeley, let’s talk about how to position yourself for success.

 

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