Hey Oakland & Berkeley! YOU READY FOR YOUR LOCAL MARKET UPDATE? Good news, the market is normalizing, but we are still seeing lower than average inventory. We are seeing homes sell more quickly and the buyers are more active. Also as we move into the warmest months, we see increased activity in the market. For more info about the housing market be sure to check out my monthly real estate market series which lets you know what’s happening both locally and nationally. But for now, let’s look at what’s happening right here in Oakland & Berkeley!
Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty.
Let’s take a look at what’s happening in Berkeley CA. Is it a good time to sell or buy? In Berkeley, we currently at the time of this video have 51 single family homes that are active for sale, 40 are currently under contract, and 50 single family homes sold over the past 30 days. Looking at what happened over the last month … Single Family Homes sold for an average of $1,659,000 (one million, five hundred and four thousand dollars). The actual range was 695,000 to 3,625,000. The average sold price for single family homes was down 8% and it took an average of 17 days to sell.
You also may be asking, is it a good time to sell or buy in Oakland California. In Oakland, we have 286 single family homes that are active for sale, 185 are currently under contract, and 194 single family homes sold over the past 30 days. Looking at what happened over the last month… Single Family Homes sold for an average of $1,145,000 (one million, two hundred and fourty four thousand dollars). The actual range was 275,000 to 3,700,000. The average sold price for a single family homes was down 2% and it took an average of 27 days to sell.
Keep in mind that these are averages across the whole city, these all vary depending on location, condition, type of home, and more. AND the market has changed, but competition is back on the scene. AND The market is constantly changing… so you need an experienced Realtor to help guide you through your next moves in real estate. Connect with me today to get more information, and we can strategize what to do with your home.
And if you’re someone that needs to sell a home, ask me about my home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them include my super duper digital marketing that… no one else does in our area. I’m Tanja and I sell homes. I offer 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?