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Market Pulse

Berkeley market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPBerkeleyAll home types · May 2026The Berkeley market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$1.5M▲ +0.3% vs AprTime to pending15deven with AprSold over asking83%▲ +4 pts vs AprActive listings118▲ +9.3% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGBerkeleyAll home types · May 2026Bidding wars are the norm in Berkeley:83% of homes sold over asking.127.6%average sale price vs. asking priceSold over asking83%vs. a year ago+1 pts121.8%113.3%104.8%Sold at asking price127.6%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPBerkeleyAll home types · May 2026Berkeley homes are closing +27.6% aboveasking. The list price is the floor, notthe ceiling.+$350Kmedian sale price minus asking priceMedian asking price$1.15MMedian sale price$1.5M$1.49M$1.29M$1.09MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEBerkeleyAll home types · May 2026Berkeley home values dipped -6.2% from ayear ago.$1.5Mmedian sale priceYear over year-6.2%Homes sold last month70$1.59M$1.41M$1.23M$1.5MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLBerkeleyAll home types · May 2026The typical Berkeley home goes pendingin 15 days.15 daysmedian time to pendingGone within two weeks44%vs. a year agounchanged28d19d9d15dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSBerkeleyAll home types · May 2026Berkeley inventory is down 1.7% yearover year, a steadier supply picture forhomes.118active listingsYear over year-1.7%Months of supply1.71229160118Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSBerkeleyAll home types · May 202619% of Berkeley listings cut theirasking price last month.19%of active listings cut their asking pricevs. a year ago+0 ptsActive listings11821%17%13%19%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETBerkeleyAll home types · May 2026Berkeley moves at two speeds: 44% ofhomes were gone inside two weeks whilethe rest sat longer.44%of listings went pending within two weeksMedian time to pending15 daysvs. a year ago+12 pts44%33%22%Half of listings44%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYBerkeleyAll home types · May 2026January is historically Berkeley'scalmest month for buyers: 12.1 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-12.1 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-8.3 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEBerkeleyAll home types · May 2026Berkeley home values are up +33% overthe past 10 years.+33%median sale price growth since 2016Median price in 2016$1.13MAverage gain per year+2.9%$1.45M$1.29M$1.13M$1.5MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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