Is Berkeley, CA 94705 a buyer’s or seller’s market?
Berkeley is a seller’s market. With about 1.5 months of supply and 83% 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 score97/ 100
More competitive than 99% of U.S. ZIP codes, and #19 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 supply1.5Under 4 months = seller’s market
Sold above original list83.3%Share of sales, last 3 months
Median sale-to-list126.4%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$899▲ +8.4% vs. last year
Run the numbers for 94705
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 →More tools for 94705
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology