Hi neighbor. 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 June 8th, 2022.
- Berkeley has 60 active single family homes for sale on the market right now, and 60 are pending. There is 1 month worth of inventory on the market right now. Last week 19 were sold for a median days on market of 13 at an average sold price of $2,074,000. For condos, there are 19 active not the market, 9 are pending and that’s 2.1 months worth of inventory. Last week 3 were sold within a median days on market of 10. Average sold price was $1,180,000.
- For Oakland, there are currently 361 active single family homes for sale, 251 are pending and that’s 1.4 months worth of inventory. Last week 53 were sold within a median days on market of 12. Average sold price was $1,468,000. For condos, there are 162 that are on the market right now and 66 are pending. That is 2.5 months worth of inventory. Last week 15 were sold within a media days on market of 14 and the average sold price was $797,000.
- For Piedmont, 22 are on the market and 12 are pending. That’s 1.8 months worth of inventory. Last week 5 were sold within median days on market of 12. The average sold price for last week was $4,012,000.
- For Lamorinda, 66 are on the market and 60 are pending. That’s 1.1 months worth of inventory. Last week 26 were sold within 7 days median. Average sold price was $2,467,000. And for condos and townhouses 11 are on the market and 20 are pending. That’s 8/10 months worth of inventory. Last week, 3 were sold within a media market of 20 and the average sales price was $1,177,000.
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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