Berkeley Housing Market Report – March 2026
Here's a look at how the Berkeley, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 51
- Median Sale Price: $1,600,000
- Average Sale Price: $1,601,759
- Average Price Per Sq Ft: $963
- Average Days on Market: 43
- Sale-to-List Price Ratio: 126.4%
Month-Over-Month Trends
Compared to February, the median sale price in Berkeley moved 18.5% up (from $1,350,000 to $1,600,000). The number of homes sold was 70.0% up compared to the prior month (30 vs. 51). Average days on market shifted 8.5% down (47 days to 43 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 13.5% up (from $1,410,000 to $1,600,000). Sales volume is 22.7% down year-over-year.
What This Means
Berkeley's housing market is firing on all cylinders this March, posting numbers that suggest spring momentum is building fast. The median sale price jumped 18.5% from February, hitting $1.6 million, while sales volume nearly doubled from just 30 transactions to 51. That's not subtle movement. What's really telling is the sale-to-list price ratio hitting 126.4%, meaning homes are selling for more than asking price on average. Buyers are clearly competing hard, which typically signals limited inventory relative to demand, even though Berkeley shows 140 active listings.
The year-over-year picture is more complex, though. While median prices are up 13.5% annually, sales volume has actually declined 22.7%, suggesting last March was particularly busy. Homes are moving faster now at 43 days on market versus 47 in February, which is solid, but the inventory gap is real. With active listings sitting well below asking prices compared to sold properties, sellers are in a stronger position right now. The spring market is clearly helping, but Berkeley's persistent affordability challenges mean this momentum could easily reverse if interest rates tick upward or buyer confidence softens.
Berkeley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94702 | 15 | $1,600,000 | $1,049 | 33 |
| 94708 | 9 | $2,300,000 | $940 | 42 |
| 94705 | 6 | $1,912,500 | $863 | 65 |
| 94703 | 6 | $1,275,000 | $828 | 56 |
| 94709 | 5 | $1,351,000 | $962 | 50 |
| 94704 | 4 | $965,000 | $928 | 36 |
| 94707 | 3 | $1,400,000 | $942 | 39 |
| 94710 | 2 | $1,280,000 | $987 | 30 |
| 94706 | 1 | $2,100,000 | $1,448 | 20 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 40 | $1,649,000 | $986 |
| CONDOS | 7 | $760,000 | $949 |
| MULTI_FAMILY | 3 | $1,200,000 | $690 |
| LAND | 1 | $85,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $500K - $749K | 3 |
| $750K+ | 47 |
Current Active Listings
As of this report, there are 140 active listings in Berkeley with a median asking price of $1,047,500 and an average of 74 days on market.
Thinking About Selling Your Berkeley Home?
If you're a homeowner in Berkeley considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Berkeley and throughout the Central Valley — get a no-obligation cash offer today.