Local Real Estate Market* Update, 2nd Quarter 2019
810 homes were sold during the quarter ended June 30, 2019, down 1% from the 818 sold in the same period last year. The median price rose 1% to $1,162,500 up from $1,150,000 in the same period last year.
Properties sold in 18 days on average during the current quarter, up marginally from 17 days last year. At the date of this newsletter, there are 269 homes available for sale (4 weeks of inventory) compared to the same number at this time last year.
*detached homes over $450,000 in Albany, Berkeley, El Cerrito, Kensington, Piedmont and Oakland zip codes 94602, 94605, 94608, 94609, 94610, 94611, 94612, 94618, 94619. Based on information from the MLS as of June 30, 2019. 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