04May2022 Real Estate Market Update-San Francisco, East Bay, Oakland, Berkeley, Piedmont, Lamorinda

04May2022 Real Estate Market Update-San Francisco, East Bay, Oakland, Berkeley, Piedmont, Lamorinda

This is your weekly market update for the San Francisco, East Bay Area. This is for Berkeley, Oakland, Piedmont, and Lamorinda for the week of May 4th, 2022. This is Tanja Odzak with eXp Realty and let’s get into it. 

  • So Berkeley has 72 active single family homes for sale on the market right now. There are currently 49 that are pending. That is 1.5 months worth of inventory. Last week 16 were sold within a median days of market 14, the average sold price for last week was $2,332,000. For condos, there are currently 12 on the market and 11 are pending. That is 1.1 months worth of inventory. Last week, 1 was sold in 13 days for $951,000. 
  • For Oakland, there are currently 302 single family homes for sale on the market right now, 277 are pending. That is 1.1 months worth of inventory. Last week, 56 homes were sold within a median days on market of 13 and the average sold price for last week was $1,380,000. For condos, there are 131 currently on the market right now. Last week 85 were sold that’s 1.5 months worth of inventory. Last week 32 were sold within a media days on market of 13. Average sold price for last week was $765,000.
  • For Piedmont there are currently 12 active. There are 13 that are pending and that is 9/10 of a month’s worth of inventory. Last week 4 were sold within a median days of market of 13. Average sold price for last week was $3,013,000.
  • For Lamorinda, there are currently 60 active single single family homes for sale on the market, 78 are pending, that is 8/10 of a month’s worth of inventory. Last week 23 single family homes were sold within a median days of market of 8. Average sold price for last week was $2,311,000. For condos. There are 10 are active on the market, and 12 are pending. That is 8/10 of a month’s worth of inventory. Last week 7 were sold within a median days of market of 7. Average sold price for last week was $1,039,000. 

So if you have any questions about any of this, you want to know about your city and your neighborhood or if you want to talk to me about buying or selling and how do these numbers like what do they mean for you, send me a text.

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

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