Berkeley home prices have almost doubled since 2011.
With so many buyers searching for homes we expect that prices will continue to rise in 2018.
Consider selling this year rather than waiting. Why? Tax law changes have made home ownership more expensive for buyers. Homes become less affordable and future sales prices could be affected.
About 40% of Berkeley homes sold each year have 3 bedrooms, so we use 3 bedroom homes as a benchmark.
2017 Homes Sales Overview
Here’s an overview of last year’s 2, 3 or 4 bedroom home sales and how the sales were distributed:
Thinking of selling to take advantage of this strong seller’s market?
Call 510.526.6668 or email serkes@berkeleyhomes.com to set up a confidential consultation.
We’ll review all your options, and develop timelines and a customized real estate marketing plan designed around your target closing date.
We’re looking forward to taking wonderful care of you!
Ira & Carol
Resources: Based on information from the bridgeMLS as of 7 Jan 2018. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. National Association of REALTORS® 2017 Profile of Home Buyers and Sellers Pacific Union International Research East Bay Transaction Research Report — updated 7 Dec 2017
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