March 2022 Local Real Estate Market Update

March 2022 Local Real Estate Market Update

Want to know what’s happening here in our local Oakland Berkeley East Bay Area Real Estate Market? It’s the most question that we as agents get. Is now a good time to sell in Berkeley CA? I also get asked if we are going to see a crash, prices have gone up SO FAST… THERE HAS TO BE ONE COMING!!! What should people do with their homes, and if they should wait to buy in case of a crash?

With the constant changes in our world, it can be hard to see the right decision for your family in all the noise. I totally understand, I’m in the industry and have been for going on 7 years and I am here to help you navigate this market. I have a Master’s of Science in Cell Biology and am a hardcore data and information nerd. When answering these questions, I will always look at the data to see what’s happening in the market so that you can make an educated decision. So let’s see what the market looks like here locally. Is it a good time to sell here in Berkeley CA or Oakland CA? Well, let’s look at what’s happening now.

In Berkeley, we currently at the time of this video we have 45 single family homes that are active. The average number of days homes are spending on the market is only 12 days, with only 42 homes selling in the past 30 days. Now you may be wondering if it’s a good time to sell in Oakland CA.

In Oakland, we have 262 active homes on the market. The average number of days homes are spending on the market is only 13 days, with only 195 single family homes selling in the past 30 days. Don’t forget that Oakland is MUCH LARGER than Berkeley, it’s got significantly more homes. So here in the Oakland / Berkeley /East Bay Area we have very low inventory and strong buyer demand. It’s a great time to sell as we are still experiencing bidding wars and homes being sold above list price.

Feel free to reach out to us at no cost or risk for a hassle-free strategy session. And ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay offering you simplified and transparent choices!

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. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?



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