90-Second Oakland/Berkeley Housing Market Update 20 Jan 2021

90-Second Oakland/Berkeley Housing Market Update 20 Jan 2021

hey it’s Tanja with Keller Williams with your weekly market movement for Oakland and the city of Berkeley~

so as of the time of this recording

Oakland has 226

single-family homes for sale on the

market this is up three percent from the

previous week

putting it at nine tenths of a month

worth of inventory

it’s currently taking 35 days

for a house to get into contract

52 homes were sold last week for an average sales price of $948.000.

for condos oakland has 123 condos for sale on the market

this is also up 3%

from the previous week putting at 1.3 months worth of inventory

it’s currently taking about 51 days for a condo to get into contract

22 condos were sold last week for an average sales price of $641 000

what’s going on in Berkeley?

Berkeley has 41 single-family homes for sale on the market

this is up 32 from last week

putting it at exactly one month worth of inventory

It’s taking about 40 days right

now for a house to

get into contract

last week six homes were sold for an average sales price of $1,509,000

for condos there are 11 condos for sale right now

in the city of berkeley putting it at 1.4 months worth of inventory

it’s taking about 52 days for a condo

to get into contract

two condos were sold last week for an average sales price of $552 000

make sure to give me a like, subscribe to my channel,  and tap the bell to get notifications

i’m always putting out real estate updates and just information about real estate in general!

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