THE OUTLOOK: North Berkeley & Berkeley Hills, Fall 2020 wrap-up

I find this sort of amazing given what’s been going on in the world this year, but our real estate market has continued to do remarkably well through the fall season.  The combination of super low interest rates and the desire to [...]

THE OUTLOOK: Berkeley (North & Hills), Summer 2020 wrap-up

Between the pandemic, the wildfires, and the blanket of smoke we’ve had to live with lately, one would think that the local real estate market would have gone into hibernation, but this has not been the case.  The pandemic has caused many [...]

THE OUTLOOK: Berkeley (North & Hills), Spring 2020 wrap-up

I’m going to shift focus somewhat for this issue of The Outlook. We’re living in a time right now when many of our usual concerns seem trivial.  Compared to the importance of the growing calls for an end to systematic racism and [...]

THE OUTLOOK: North Berkeley, Winter 2019-2020 wrap-up

Let’s start with a look back over the previous year in North Berkeley real estate, and then take a quick look forward. Over the course of 2019, there were 89 active listings in North Berkeley, and 81 properties sold.  Both of these [...]

THE OUTLOOK: Berkeley Hills, Winter 2019-20 wrap-up

In Berkeley hills, there were 195 active listings over the course of 2019, and 161 properties sold.  81% of the sales were for more than list price, with multiple buyers interested in most properties, and sale price averaged 20% above list price [...]

REAL ESTATE ANSWERS: Why should you pull a permit for work done on your home?

Why should you consider pulling a permit for work done on your home? The #1 reason you should get a permit if you’re having work done on your home that requires it is the obvious one: it’s required by law, and you [...]

THE OUTLOOK: North Berkeley, Fall 2019 wrap-up

The fall is always an interesting season in our real estate market, because we go from one of the slowest times of the year (just before Labor Day) to one of the busiest times of the year (just after Labor Day).  We [...]

THE OUTLOOK: Berkeley Hills, Fall 2019 wrap-up

It was another interesting fall in local real estate, and we saw the usual flood of new listings to the market after Labor Day.  Even though this happens pretty much every year (because many sellers wait to list until after Labor Day, [...]

REAL ESTATE ANSWERS: I’m considering selling my home next year. What should I start doing now to get ready?

I’m considering selling my home next year.  What should I start doing now to get ready? It’s a well-known fact that right now is not the optimal time to sell a home in our area.  It is, however, the right time to [...]

How sold price per square foot varies with property size

I've mentioned in past newsletters that, in general, smaller properties sell for higher prices per square foot.  This chart compares the average sold price per square foot for properties of different sizes.  The data is from the area indicated, January 1, 2019 [...]