THE OUTLOOK: Berkeley Hills, Spring 2019 wrap-up

In the Berkeley hills this past quarter, there were 73 active listings, which is pretty typical for the spring season. Between March and the end of May, 45 properties sold, on average after 18 days on the market.  The median sale price [...]

THE OUTLOOK: North Berkeley, Winter 2018-19 wrap-up

The real estate market is constantly in transition -- seasonally, through market cycles, in response to changes in changes in employment and interest rates, and in response to changes in preferences.  Over the last handful of years, the North Berkeley market has [...]

THE OUTLOOK: Berkeley Hills, Winter 2018-19 wrap-up

Towards the end of last year, all the talk was about the real estate market softening, with buyers being more cautious, and a greater supply of listings for sale.  Lately, though, the talk is more about big upcoming tech IPOs, and the [...]

THE OUTLOOK: North Berkeley, Fall 2018 wrap-up

There have been some real changes in the broader real estate market (in the Bay Area, statewide and nationally) since the beginning of 2018.  With interest rates rising, and more limitations on the deductibility of property taxes and interest on home loans, [...]

THE OUTLOOK: Berkeley Hills, Fall 2018 wrap-up

We’re very fortunate to live in an area that historically has weathered real estate downturns well, but there have been some real changes in the broader real estate market (in the Bay Area, statewide and nationally) since the beginning of 2018.  With [...]

THE OUTLOOK: Berkeley Hills, Summer 2018 wrap-up

I mentioned in the last newsletter that there have been some rumblings of changes in the market, with higher inventory spreading out the buyer pool.  This was true again over the summer in the hills.  We had 68 active listings over the [...]

THE OUTLOOK: North Berkeley, Summer 2018 wrap-up

There has been a lot of talk lately about changes in the market triggered by higher levels of inventory.  Higher inventory was a factor again over the summer in other areas of Berkeley (see the post with data for the Hills area [...]

THE OUTLOOK: North Berkeley, Spring 2018 wrap-up

I was excited to crunch the numbers for this spring season, with two questions in mind. First, there has been a lot of talk lately about the relatively high level of inventory on the market, so I wanted to see how the [...]