Stay ahead with market trends and local insights that matter.
Home prices remain steady year-over-year, with a median list price of $1,195,000 and a median sale price of $1,400,000. Properties sell at an average of $1,343,311, typically spending 30 days on the market.
Location
Berkeley, CA
Date
04-09-2023
Avg Sale Price
$1,550,000
The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 522 homes were sold with 43 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.
Location
Berkeley, CA
Date
04-09-2023
Price Ratio
122%
Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.
Bpc Upper School
KG to 8
East Bay School for Boys
6 to 8
Berkeley Rose Waldorf School
PK to 8
Ecole Bilingue de Berkeley
PK to 8
Cedar Creek Montessori School
PK to TKG
Longfellow Arts and Technology Middle School
6 to 8
Ratings
B
Martin Luther King Jr. Middle School
6 to 8
Ratings
B+
Willard Middle School
6 to 8
Ratings
A
Berkeley Technology Academy
10 to 12
Ratings
C+
Berkeley High School
9 to 12
Ratings
A-
Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.
Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.
With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 6% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.
Average Age is 36 Years
The area's household landscape is diverse, with 44% owner-occupied homes and 56% renter-occupied properties. Family households represent 47% of the population, indicating a strong community focus on family living. The average home value stands at $1,561,334, which suggests ample demand for multi-bedroom properties.
The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 21% Asian, 7% Black, and 1% Native residents, alongside 52% White and 13% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.
The area reflects a well-distributed income pattern with approximately 51% of households earning over $100,000 annually, while 19% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.
The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.
% of People are working in various industries.