Berkeley Housing Market Report – July 2026
Here's a look at how the Berkeley, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 65
- Median Sale Price: $1,425,000
- Average Sale Price: $1,586,301
- Average Price Per Sq Ft: $922
- Average Days on Market: 48
- Sale-to-List Price Ratio: 127.2%
Month-Over-Month Trends
Compared to June, the median sale price in Berkeley moved 10.9% down (from $1,600,000 to $1,425,000). The number of homes sold was 28.6% down compared to the prior month (91 vs. 65). Average days on market shifted 20.0% up (40 days to 48 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 4.6% up (from $1,362,500 to $1,425,000). Sales volume is 7.1% down year-over-year.
What This Means
Berkeley's housing market is showing signs of cooling after a strong spring push. July saw just 65 homes sell, down nearly 29 percent from June, though this decline is fairly typical for the slower summer season. More telling is that the median price dipped 10.9 percent month-over-month to $1.425 million, suggesting sellers may be adjusting expectations as buyer interest softens. Properties are now lingering on the market for an average of 48 days, up from 40 days in June, indicating that homes aren't moving as quickly as they were earlier in the year.
However, the big picture remains resilient. Year-over-year, the median price is still up 4.6 percent, and homes are still selling well above asking price at 127.2 percent of list price, which is frankly remarkable. This disconnect between month-over-month weakness and year-over-year strength suggests the market has cooled from its frothy spring peak but remains fundamentally solid. The 197 active listings available provide meaningful inventory, a rarity in Berkeley, which gives both buyers and sellers more breathing room than they've had in recent years.
Berkeley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94708 | 15 | $1,525,000 | $923 | 42 |
| 94703 | 15 | $1,150,000 | $912 | 46 |
| 94702 | 7 | $1,425,000 | $955 | 38 |
| 94705 | 7 | $1,650,000 | $919 | 34 |
| 94709 | 6 | $870,000 | $913 | 81 |
| 94704 | 5 | $1,700,000 | $844 | 79 |
| 94707 | 5 | $1,750,000 | $844 | 31 |
| 94710 | 4 | $1,535,000 | $1,070 | 48 |
| 94618 | 1 | $3,000,000 | $1,072 | 28 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 47 | $1,600,000 | $989 |
| CONDOS | 8 | $702,500 | $871 |
| MULTI_FAMILY | 6 | $1,312,500 | $507 |
| LAND | 3 | $495,000 | N/A |
| TOWNHOMES | 1 | $1,010,000 | $669 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $400K - $499K | 3 |
| $500K - $749K | 6 |
| $750K+ | 55 |
Current Active Listings
As of this report, there are 197 active listings in Berkeley with a median asking price of $1,000,000 and an average of 130 days on market.
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