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Claremont College Avenue (College) Elmwood Hiller Highlands South South Berkeley Southside Telegraph Avenue (Telegraph)

BERKELEY, CA 94705

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94705

Claremont · College Avenue (College) · Elmwood · Hiller Highlands · South · South Berkeley · Southside · Telegraph Avenue (Telegraph)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BERKELEY, CA real estate market (94705) currently shows 10 active listings, with 3 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 22 days on market compared to 24 days last year.

The median listing price has fallen 16.3% year-over-year, from $2,198,500 to $1,840,000.

Whether you are buying or selling in BERKELEY, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,508  ·  Density: 1,656.9/mi²  ·  Median household income: $157,221

Typical home value: $1,711,650  ·  Homeownership: 58.0%

Market Overview

Active Listings
10
⇩ 23.1% vs 13 last year
Pending
3
30% pending ratio
Median Price
$1,840,000
⇩ 16.3% vs $2,198,500 last year
Average Price
$1,864,951
⇩ 20.8% vs $2,354,399 last year
Days on Market
22
⇩ 8.3% vs 24 days last year

Price Per Square Foot

Median $/sqft
$667
⇩ 5.5% vs $706/sqft last year
Median Home Size
2,759 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 13 last year
  • Days on market: 22 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $1,840,000 (-16.3% YoY)
  • Average: $1,864,951 (-20.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 346 listings ($340,873,720 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94705Berkeley, CA 947050.0 mi7$14,560,000$1,895,000$2,080,000
94618Oakland, CA 946181.5 mi17$19,389,146$906,500$1,140,538
94703Berkeley, CA 947032.0 mi15$14,322,855$924,000$954,857
94611Oakland, CA 946112.6 mi47$64,029,040$1,012,000$1,362,320
94563Orinda, CA 945632.7 mi22$58,214,200$2,081,800$2,646,100
94707Berkeley, CA 947073.2 mi5$7,732,500$1,448,500$1,546,500
94710Berkeley, CA 947103.5 mi5$5,937,500$924,000$1,187,500
94610Oakland, CA 946103.7 mi21$15,250,032$649,000$726,192
94602Oakland, CA 946024.6 mi24$18,920,352$774,000$788,348
94606Oakland, CA 946065.1 mi44$26,730,000$557,500$607,500
94607Oakland, CA 946075.2 mi61$33,943,328$544,500$556,448
94501Alameda, CA 945016.5 mi41$35,053,770$675,000$854,970
94803El Sobrante, CA 948036.8 mi37$26,790,997$755,000$724,081

Frequently Asked Questions

How many homes are for sale in BERKELEY, CA 94705?

As of February 2026, there are 10 active listings in BERKELEY, CA (zip code 94705), compared to 13 the prior year.

What is the median home price in BERKELEY, CA 94705?

The median listing price in BERKELEY, CA 94705 is $1,840,000 as of February 2026, a 16.3% decrease from $2,198,500 the prior year.

How long do homes stay on the market in BERKELEY, CA?

Homes in BERKELEY, CA 94705 spend an average of 22 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in BERKELEY, CA 94705?

Based on current inventory and days-on-market data as of February 2026, BERKELEY, CA 94705 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 22 days on market compared to 24 days last year.

How much can I save on real estate commission in BERKELEY, CA?

With SELL123.com's maximum 3% commission, sellers in BERKELEY, CA 94705 save an estimated $36,800 compared to a typical 5% commission on the median listing price of $1,840,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.