Hey Oakland & Berkeley! It’s time for your MARKET UPDATE! Fall is around the corner and here are the latest stats! 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 locally, as well as the broader national forces at play. But for now, let’s look at what’s happening right here in Oakland & Berkeley California! And remember, if you have any questions, feel free to call me!
Hi, I’m Tanja Odzak, eXp Realty, and I help people sell and buy homes right 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 70 single-family homes that are active for sale, 38 are under contract, and 35 sold last month. Last month … Single-Family Homes sold for an average of $1,435,692 (one million, four hundred thirty five thousand, six hundred and ninety two dollars). The actual range was $618,000 to $2,510,000 and it took an average of 23 days to sell. Comparing August 2024 to August 2023, average sold price is down 7.8% from last year. Year-to-date median sold price is down 3.2% from last year.
In Oakland California, we have 574 single-family homes that are active for sale… That’s the highest number of single-family homes that Oakland has had for sale in the last several years… continuing right along, 178 are under contract, and 186 sold last month. Last month… Single-Family Homes sold for an average of $996,476 (nine hundred ninety six thousand, four hundred and seventy six dollars). The actual range was $183,500 to $3,100,000 and it took an average of 33 days to sell. Comparing August 2024 to August 2023, average sold price is down 8.7% from last year. Year-to-date median sold price is down 1.5% from last year.
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! and let’s talk about it.
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. Terms do apply. 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?
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