Monthly market wrap MONTHLY MARKET WRAP Berkeley Single-family homes · May 2026 Berkeley held steady in May: the key market signals were mixed. Median sale price $1.61M ▼ -1.1% vs Apr Time to pending 14d ▼ 1 day faster vs Apr Sold over asking 88% ▼ -3 pts vs Apr Active listings 53 ▼ -8.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Berkeley Single-family homes · May 2026 Bidding wars are the norm in Berkeley: 88% of SFHs sold over asking. 132.7% average sale price vs. asking price Sold over asking 88% vs. a year ago +0 pts 125.8% 115.7% 105.7% Sold at asking price 132.7% 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 Single-family homes · May 2026 Berkeley SFHs are closing +32.7% above asking. The list price is the floor, not the ceiling. +$465K median sale price minus asking price Median asking price $1.15M Median sale price $1.61M $1.67M $1.4M $1.13M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Berkeley Single-family homes · May 2026 Berkeley SFH values dipped -11.5% from a year ago. $1.61M median sale price Year over year -11.5% Homes sold last month 57 $1.71M $1.53M $1.34M $1.61M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Berkeley Single-family homes · May 2026 Berkeley SFHs are flying off the market in 14 days, 1 day faster than last year. 14 days median time to pending Gone within two weeks 46% vs. a year ago 1 day faster 28d 19d 9d 14d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Berkeley Single-family homes · May 2026 Berkeley inventory is down 5.4% year over year, a steadier supply picture for SFHs. 53 active listings Year over year -5.4% Months of supply 0.9 67 46 25 53 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 Single-family homes · May 2026 17% of Berkeley listings cut their asking price last month. 17% of active listings cut their asking price vs. a year ago -1 pts Active listings 53 24% 19% 15% 17% Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Berkeley Single-family homes · May 2026 Berkeley moves at two speeds: 46% of SFHs were gone inside two weeks while the rest sat longer. 46% of listings went pending within two weeks Median time to pending 14 days vs. a year ago +12 pts 47% 35% 24% Half of listings 46% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Berkeley Single-family homes · May 2026 January is historically Berkeley's calmest month for buyers: 13.5 pts less over-asking than May. January historically the calmest month for buyers Buyer's edge vs May -13.5 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -9.2 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 Single-family homes · May 2026 Berkeley SFH values are up +36% over the past 10 years. +36% median sale price growth since 2016 Median price in 2016 $1.19M Average gain per year +3.1% $1.58M $1.39M $1.2M $1.61M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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