Hey Oakland & Berkeley! CAN YOU BELIEVE ITS DECEMBER?! And it’s time for your MARKET UPDATE! It’s officially the holidays, and we are still seeing low housing inventory, Mortgage rates have been really volatile recently and surpassed 8% for a 23-year high, but thankfully have since come back down.
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 at the local, state and national level. But for now, let’s look at what’s happening right here in Oakland & Berkeley!
Hi, I’m Tanja Odzak, eXp Realty, and I help people sell and buy homes here in the East Bay.
Let’s take a look at what’s happening in Berkeley CA, at the time of this video, we have 44 single family homes that are active for sale, 25 are under contract, and 44 sold last month. Last month … Single Family Homes sold for an average of $1,637,383 (one million, six hundred thirty seven thousand, three hundred eighty three dollars). Year-over-Year, this is up 4.3%, when compared to November 2022. The actual range was 685,000 to 4,000,000. It took an average of 20 days to sell.
In Oakland California, we have 334 single family homes that are active for sale, 178 are under contract, and 151 sold last month. Last month… Single Family Homes sold for an average of $1,075,955 (one million, seventy five thousand, nine hundred and fifty five dollars). Year-over-year, this is down 5% when compared to November 2022. The actual range was 200,000 to 3,200,000. It took an average of 28 days to sell.
Keep in mind that these are city averages, and it erases the nuance of the market because it averages out all the variables… like location, condition, skill of the agent, what kind of house is being sold and more. With the constant shifts in the market, you need me, an experienced Realtor, to help guide you through your next moves in real estate. Want more information? Or to strategize about your home situation? Call me today!
And if you need to sell a home… ask me about my home selling plans.. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really! Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. I’m Tanja and I sell homes. Let’s get you going!
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?
Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW
Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW