“Success is loving life and daring to live it.” Maya Angelou
BERKELEY, CA 94702
Mortgage Insights
Thu Dec 12 2024
This week the median list price for Berkeley, CA 94702 is $1,250,000 with the market action index hovering around 49. This is less than last month's market action index of 53. Inventory has decreased to 11.
Market Narrative
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.