OAKLAND BERKELEY Real Estate Market Update February 2023

OAKLAND BERKELEY Real Estate Market Update February 2023

Hey Oakland & Berkeley! Wanna know what’s happening in your real estate market?

Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty… and I sell homes in Oakland, Berkeley, and the East Bay on both sides of the Caldecott tunnel. 

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 39 single family homes that are active for sale, 19 are currently under contract, and 22 single family homes sold over the past 30 days. Looking at what happened in January … Single Family Homes sold for an approx. average of $1,448,000 (one million, five hundred and four thousand dollars).  If we compare Jan 2023 with Jan 2022, Average sold price was down by 23.9%.  In January the average sold price for single family homes was right around the average list price. and it took an average of 40 days to sell.  

You also may be asking, is it a good time to sell or buy in Oakland California. In Oakland, we have 274 single family homes that are active for sale, 126 are currently under contract, and 84 single family homes sold over the past 30 days. Looking at what happened in January… Single Family Homes sold for an approx. average of $1,031,000 (one million, two hundred and fourty four thousand dollars).  If we compare Jan 2023 with Jan 2022, Average sold price was down by 3.8%.  In January single family homes sold for an average of 7% over list and it took an average of 40 days to sell.  

Keep in mind that these are just averages, but as you can see, the market has changed, and homes are taking longer to sell. However, there are whiffs that it is perking up and a bit of competition is returning to the scene.  

The market is constantly changing… and you need an experienced agent to help guide you through your next moves in real estate. Connect with my team today to get more information, and we can strategize what to do with your home. 

And if you’re thinking about selling, ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them offering 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?

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

Connect With Us!

If you're looking to buy or sell a property connect with us today!

How Can We Help You?

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
    (check all that apply)
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *