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Central Poets Corner South Southwest Berkeley West Berkeley Westbrae

BERKELEY, CA 94702

Real Estate Market Report  ·  Alameda County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94702

Central · Poets Corner · South · Southwest Berkeley · West Berkeley · Westbrae

Market Analysis

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

The BERKELEY, CA real estate market (94702) currently shows 19 active listings, with 12 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 26 days on market compared to 15 days last year.

The median listing price has fallen 9.7% year-over-year, from $1,050,000 to $948,000.

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: 17,473  ·  Density: 5,262.5/mi²  ·  Median household income: $98,873

Typical home value: $1,126,710  ·  Homeownership: 48.6%

Market Overview

Active Listings
19
⇩ 29.6% vs 27 last year
Pending
12
63% pending ratio
Median Price
$948,000
⇩ 9.7% vs $1,050,000 last year
Average Price
$981,689
⇩ 19% vs $1,212,263 last year
Days on Market
26
⇧ 73.3% vs 15 days last year

Price Per Square Foot

Median $/sqft
$782
⇩ 7.6% vs $846/sqft last year
Median Home Size
1,273 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 27 last year
  • Days on market: 26 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $948,000 (-9.7% YoY)
  • Average: $981,689 (-19% 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 6.3 miles — 428 listings ($416,774,587 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94702Berkeley, CA 947020.0 mi20$19,225,500$906,000$961,275
94710Berkeley, CA 947100.9 mi11$12,827,760$997,250$1,166,160
94704Berkeley, CA 947041.4 mi13$10,038,704$668,500$772,208
94608Emeryville, CA 946082.1 mi68$41,860,120$551,250$615,590
94609Oakland, CA 946092.5 mi21$16,380,546$742,000$780,026
94708Berkeley, CA 947082.9 mi9$12,551,040$1,495,000$1,394,560
94530El Cerrito, CA 945303.9 mi20$24,167,000$955,500$1,208,350
94612Oakland, CA 946124.2 mi18$11,481,192$564,500$637,844
94611Oakland, CA 946114.5 mi78$100,081,566$1,024,500$1,283,097
94563Orinda, CA 945635.1 mi24$55,671,840$2,200,200$2,319,660
94606Oakland, CA 946065.6 mi53$35,976,029$599,225$678,793
94602Oakland, CA 946026.2 mi39$31,337,592$829,750$803,528
94501Alameda, CA 945016.3 mi54$45,175,698$738,722$836,587

Frequently Asked Questions

How many homes are for sale in BERKELEY, CA 94702?

As of March 2026, there are 19 active listings in BERKELEY, CA (zip code 94702), compared to 27 the prior year.

What is the median home price in BERKELEY, CA 94702?

The median listing price in BERKELEY, CA 94702 is $948,000 as of March 2026, a 9.7% decrease from $1,050,000 the prior year.

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

Homes in BERKELEY, CA 94702 spend an average of 26 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 94702?

Based on current inventory and days-on-market data as of March 2026, BERKELEY, CA 94702 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 26 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 94702 save an estimated $18,960 compared to a typical 5% commission on the median listing price of $948,000. 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.