Friday, March 7, 2014

Berkeley Real Estate Trend Feb 2014

59 properties were listed in February, 2014 in Berkeley, compared to 45 a year ago.  And 43 went pending this February, compared to 28 last February.  The # of closed listings was also higher this year.  33 properties closed in this February, and 23 last year.

There were more activities this February. Thanks to more available listings!  Though the inventory was higher this February than last February, we considered it as shortage. And properties received multiple offers,  though the number of offers received was smaller than that of last year.

The median price listed was 15% higher this year.  It is still a great seller's market!  If you would like to find out value of your home, please feel free to contact me at 510-409-3472.


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