2 beds · 2 baths · 621 sqft
Redfin
5 homes in 94703
Berkeley, CA
2 beds · 2 baths · 621 sqft
Redfin
2 beds · 1 baths · 800 sqft
Compass
3 beds · 1 baths · 1,388 sqft
Real Estate Source Inc.
4 beds · 2 baths · 2,447 sqft
Compass
3 beds · 1 baths · 1,438 sqft
Safi Realty
Today, the 94703 area has 5 homes for sale with a median listing price of $795K. The average price per square foot is $678.
Topfind Market Read
Sellers hold the edge right now. There is under a month of supply on the market, and sale prices are up 7% over the last six months, though still 14% below a year ago. At the same time, selling times have slowed 42% versus six months ago, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.00M
↓ 14% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
0.6 months of supply
Tight Supply5 active listings against the current sales pace works out to about 0.6 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 42% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94703 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
43%
Homeowners
57%
Renters
Homeownership is 12.5 points lower than the California average (55.5%)
46,762 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $254K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$562K)
Price Reductions
1 listings have reduced their price
20% of active listings
Average reduction: 3.2% (~$32K)
Browse homes for sale in cities near Berkeley
There are currently 5 homes for sale in 94703, ranging from $390,000 to $1,195,000. 3 of them hit the market within the last week.
The median list price in 94703 is $795,000. Price per square foot averages $678. Prices are down 14.0% compared to a year ago.
Homes in 94703 currently average 38 days on the market, a steady pace.
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