Berkeley Housing Market Report – June 2026
Here's a look at how the Berkeley, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 91
- Median Sale Price: $1,600,000
- Average Sale Price: $1,774,969
- Average Price Per Sq Ft: $927
- Average Days on Market: 40
- Sale-to-List Price Ratio: 126.8%
Month-Over-Month Trends
Compared to May, the median sale price in Berkeley moved 6.7% up (from $1,500,000 to $1,600,000). The number of homes sold was 12.3% up compared to the prior month (81 vs. 91). Average days on market shifted 13.0% down (46 days to 40 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 17.2% up (from $1,365,000 to $1,600,000). Sales volume is 4.2% down year-over-year.
What This Means
Berkeley's housing market is firing on all cylinders heading into summer. The median sale price hit $1.6 million in June, up nearly 7 percent from May and a solid 17 percent year-over-year—a pace that suggests sustained buyer demand despite the broader economic uncertainty. What's really telling is how quickly homes are moving: the average days on market dropped from 46 to 40 days month-over-month, indicating sellers have real leverage right now. The fact that homes are selling above asking price (126.8 percent of list) underscores that competition is still alive in Berkeley, even as inventory sits at a modest 177 active listings.
The current inventory gap is worth watching. Those 177 active listings carry a median asking price of $1.08 million—roughly $520,000 below what homes actually sold for last month. This suggests a supply-demand mismatch that could keep upward pressure on prices if it persists. The single-family home segment dominates sales (72 of 91), which typically commands premium pricing in Berkeley's desirable neighborhoods. For sellers, this remains a favorable window; for buyers, the 40-day window to make offers is tightening. Unless inventory jumps meaningfully, expect price momentum to continue into July.
Berkeley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94708 | 21 | $1,995,000 | $921 | 33 |
| 94703 | 15 | $1,500,000 | $940 | 38 |
| 94702 | 14 | $1,200,000 | $1,095 | 32 |
| 94707 | 12 | $2,210,000 | $885 | 36 |
| 94705 | 12 | $2,137,500 | $902 | 39 |
| 94709 | 8 | $822,500 | $772 | 70 |
| 94710 | 5 | $1,470,000 | $776 | 62 |
| 94704 | 4 | $1,750,000 | $1,014 | 36 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 72 | $1,900,000 | $982 |
| CONDOS | 14 | $727,500 | $844 |
| MULTI_FAMILY | 5 | $1,350,000 | $365 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 7 |
| $750K+ | 83 |
Current Active Listings
As of this report, there are 177 active listings in Berkeley with a median asking price of $1,080,000 and an average of 86 days on market.
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