Monthly market wrap MONTHLY MARKET WRAP Berkeley Condos · May 2026 The Berkeley market eased in May: most key signals moved the buyer's way. Median sale price $670K ▼ -30.2% vs Apr Time to pending 19d ▲ 4 days slower vs Apr Sold over asking 63% ▲ +13 pts vs Apr Active listings 31 ▲ +40.9% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Berkeley Condos · May 2026 Most Berkeley condos are still selling over asking (63%). Price to invite competition. 104.0% average sale price vs. asking price Sold over asking 63% vs. a year ago +1 pts 109.5% 104.9% 100.3% Sold at asking price 104.0% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Berkeley Condos · May 2026 The typical Berkeley condo closes +4.0% above its asking price. -$480K median sale price minus asking price Median asking price $1.15M Median sale price $670K $1.15M $898K $643K Sold Asking Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Berkeley Condos · May 2026 Berkeley condo values dipped -7.8% from a year ago. $670K median sale price Year over year -7.8% Homes sold last month 8 $925K $804K $683K $670K Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Berkeley Condos · May 2026 The typical Berkeley condo goes pending in 19 days, 1 day slower than last year. 19 days median time to pending Gone within two weeks 27% vs. a year ago 1 day slower 84d 56d 28d 19d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Berkeley Condos · May 2026 Berkeley inventory is down 8.8% year over year, a steadier supply picture for condos. 31 active listings Year over year -8.8% Months of supply 3.9 31 23 15 31 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Berkeley? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Berkeley Condos · May 2026 Price cuts are rare in Berkeley: just 13% of listings reduced their asking price. 13% of active listings cut their asking price vs. a year ago +1 pts Active listings 31 31% 22% 13% 13% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Berkeley Condos · May 2026 Only 27% of Berkeley condos went pending within two weeks. Most listings are taking their time. 27% of listings went pending within two weeks Median time to pending 19 days vs. a year ago -3 pts 53% 32% 12% Half of listings 27% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Berkeley Condos · May 2026 January is historically Berkeley's calmest month for buyers: 11.4 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -11.4 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -7.8 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Berkeley Condos · May 2026 Berkeley condo values are down -16% from 10 years ago. -16% median sale price growth since 2016 Median price in 2016 $798K Average gain per year -1.7% $826K $774K $723K $670K May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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