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Berkeley Hills Cragmont North Berkeley Hills (Berkeley Hills)

BERKELEY, CA 94708

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

Neighborhoods in ZIP 94708

Berkeley Hills · Cragmont · North Berkeley Hills (Berkeley Hills)

Market Analysis

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

The BERKELEY, CA real estate market (94708) currently shows 9 active listings, with 3 pending sales. Homes are averaging 8 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 8 days on market compared to 15 days last year.

The median listing price has risen 23.6% year-over-year, from $1,210,000 to $1,495,000.

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: 11,810  ·  Density: 1,369.3/mi²  ·  Median household income: $218,950

Typical home value: $1,435,840  ·  Homeownership: 85.6%

Market Overview

Active Listings
9
⇩ 10% vs 10 last year
Pending
3
33% pending ratio
Median Price
$1,495,000
⇧ 23.6% vs $1,210,000 last year
Average Price
$1,394,560
⇧ 9.1% vs $1,278,750 last year
Days on Market
8
⇩ 46.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$630
⇩ 8% vs $685/sqft last year
Median Home Size
2,409 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 10 last year
  • Days on market: 8 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $1,495,000 (+23.6% YoY)
  • Average: $1,394,560 (+9.1% 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 7.3 miles — 349 listings ($245,180,666 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94708Berkeley, CA 947080.0 mi4$4,788,000$1,295,000$1,197,000
94709Berkeley, CA 947091.7 mi5$4,415,680$697,000$883,136
94530El Cerrito, CA 945302.4 mi14$15,807,246$891,500$1,129,089
94703Berkeley, CA 947032.8 mi15$14,322,855$924,000$954,857
94705Berkeley, CA 947052.9 mi7$14,560,000$1,895,000$2,080,000
94803El Sobrante, CA 948033.9 mi37$26,790,997$755,000$724,081
94618Oakland, CA 946184.2 mi17$19,389,146$906,500$1,140,538
94804Richmond, CA 948044.5 mi61$34,028,423$552,575$557,843
94608Emeryville, CA 946084.8 mi49$29,329,244$528,500$598,556
94564Pinole, CA 945646.0 mi24$16,288,392$709,450$678,683
94612Oakland, CA 946126.6 mi15$9,784,995$595,000$652,333
94607Oakland, CA 946076.9 mi61$33,943,328$544,500$556,448
94801Richmond, CA 948017.3 mi40$21,732,360$505,000$543,309

Frequently Asked Questions

How many homes are for sale in BERKELEY, CA 94708?

As of February 2026, there are 9 active listings in BERKELEY, CA (zip code 94708), compared to 10 the prior year.

What is the median home price in BERKELEY, CA 94708?

The median listing price in BERKELEY, CA 94708 is $1,495,000 as of February 2026, a 23.6% increase from $1,210,000 the prior year.

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

Homes in BERKELEY, CA 94708 spend an average of 8 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in BERKELEY, CA 94708?

Based on current inventory and days-on-market data as of February 2026, BERKELEY, CA 94708 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 8 days on market compared to 15 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 94708 save an estimated $29,900 compared to a typical 5% commission on the median listing price of $1,495,000. 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.