Jessie Lee Real Estate

Oakland-Berkeley Inner East Bay Home Prices, Market Trends

Colleagues review papers and market charts around a conference table in a bright office.
 
Greater Oakland-Berkeley Inner East Bay real estate May 2022 report cover, with an aerial Oakland city view.
Bay Area market update on home-price gains, rising rates, and preliminary signs of a cooler housing market.
Text graphic summarizing Bay Area housing market trends, historical price changes, economic influences, and uncertain forecasts.
Chart of Inner East Bay median home prices, 2016–2022, with rising house prices and a comparatively steady condo-price line.
Map of the East Bay with markers across Oakland, Berkeley, and surrounding communities; click through for home prices.Chart of weekly 30-year mortgage rates from 2016 to May 2022, rising to 5.27%.
Chart comparing Bay Area median home prices and monthly mortgage payments from 2018 to 2022.
Inner East Bay active listings chart: 509 in February, 643 in March, 641 in April, and 704 in May 2022.
Bar chart of Inner East Bay home sale prices versus list prices, peaking above 125% in spring 2022.
Chart of average days on market in the Greater Oakland-Berkeley Inner East Bay, March 2018 to March 2022.
Chart of monthly new listings in Oakland-Berkeley Inner East Bay from December 2017 to April 2022, showing seasonal peaks and December lows.
Inner East Bay listings entering contract by month, January 2019–April 2022.
Chart of monthly closed home sales in the Greater Oakland-Berkeley Inner East Bay from February 2019 to April 2022.
Bar chart of monthly Greater Oakland-Berkeley Inner East Bay sales over $2 million, 2017–April 2022.
National housing market report summarizing 2022 data on slowing sales, rising inventory, mortgage rates, and home price growth.
Real estate market statistics definitions and Compass report disclaimer.
 
 
 
Colleagues review papers and market charts around a conference table in a bright office.
 
Greater Oakland-Berkeley Inner East Bay Real Estate April 2022 Report.
Q1 2022 housing market report on rising interest rates, housing costs, strong demand, and low listing inventory.
Chart of quarterly median home sale prices in Oakland-Berkeley Inner East Bay, 2017–2022, peaking at $1.25 million in Q2 2021.
Chart of Oakland-Berkeley Inner East Bay home values per square foot by quarter, rising to $764 in Q1 2022.
Bar chart of quarterly Oakland-Berkeley Inner East Bay condo prices, with Q1 columns highlighted and a pandemic marker.
Bar chart of average condo values per square foot in the Oakland-Berkeley Inner East Bay, Q4 2018–Q1 2022.
Inner East Bay home market snapshot table comparing three-month sales statistics by city and neighborhood.
Oakland home market snapshot table with neighborhood sale prices, price per square foot, home sizes, and days on market.
Alameda County monthly active listings, January 2017–March 2022, shown in a seasonal bar chart with March highlighted.
Inner East Bay housing supply-and-demand chart: 641 active listings on April 1, 2022, versus 7,810 annual sales.
Chart of weekly 30-year mortgage rates from 2016 to March 2022, highlighting a 4.67% rate in March 2022.
Chart comparing Alameda County home prices, down payments, and monthly payments in Q1 2020 and Q1 2022.Chart of monthly new listings in Oakland-Berkeley Inner East Bay, showing seasonal December lows and spring increases.Chart of monthly Inner East Bay listings accepting offers from January 2019 to March 2022.Monthly closed-sale volume in the Greater Oakland-Berkeley Inner East Bay, February 2019 to March 2022.Bar chart of East Bay luxury home sales by quarter, with Q2 2021 highest at 237 sales.Chart of Inner East Bay home sales over list price, rising to about 85% in March 2022.Bar chart of Inner East Bay sale-to-list percentages, peaking at 119% in Q2 2021 and Q1 2022.Bar chart of quarterly Oakland-Berkeley Inner East Bay average days on market, Q3 2016 to Q1 2022.Compass Bay Area luxury home market report promotionBay Area county demographics infographic with charts on population, open space, housing occupancy, and earnings.Real estate market statistics and methodology disclaimer, followed by Compass legal disclosures.
 
 
 
Colleagues review papers and market charts around a conference table in a bright office.
 
Greater Oakland-Berkeley Inner East Bay Real Estate, March 2022 report with an aerial view across San Francisco Bay.
Bay Area real estate market report titled “Moving into Spring, Markets Remain Very Heated,” with a tree banner and Compass logo.Chart of Inner East Bay home sale prices versus list prices, showing monthly overbidding rates from 2018 to 2022.Chart of Inner East Bay home sales closing over list price, with a spring 2021 peak and monthly data from 2018 to 2022.Bar chart of average days on market in the Greater Oakland-Berkeley Inner East Bay, March 2018 to February 2022.Chart compares Inner East Bay active listings and 12-month home sales by price segment, with weeks of inventory noted.Chart of Inner East Bay house and condo median sales prices from 2016 to 2022, with house prices rising sharply in 2021.Bar chart shows Inner East Bay median house prices rising from $950,000 in 2020 to $1,150,000 in 2021.Chart of Inner East Bay house and condo values since 2016, showing house prices rising sharply after the pandemic began.Inner East Bay home sales chart compares sales by construction era with median home sizes and prices.Chart of monthly new listings in Oakland-Berkeley Inner East Bay, showing spring-summer peaks and December lows from 2017 to 2022.Chart of monthly Inner East Bay listings accepting offers, January 2019–February 2022, showing seasonal swings and pandemic disruption.Chart of monthly closed home sales in Oakland and nearby East Bay cities from 2019 to 2022.Bar chart of monthly Inner East Bay luxury home sales, peaking at 46 in June 2021 and 38 in October.Mortgage interest rate trend chart, with weekly 30-year fixed-rate averages from 2016 to 2022.Infographic listing economic, political, social, and environmental factors influencing Bay Area real estate markets.Bay Area real estate cycle chart, 1984–2021, marking market peaks, downturns, and periods of price growth.Real estate market statistics and Compass report disclaimer.
 
 
It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer-term trends are much more meaningful than short-term. Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes, or regulations of any state are those of the author(s). Past performance is no guarantee of future results.

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Jessie Lee Team has over 20 years of combined experience in the bay area helping clients for selling, buying, renting. We know about the SF market trends so we can provide accurate information to the buyers/sellers/landlords. Quick to respond, accurate information, getting into the contract within 1-3 months and selling it what the seller wants to achieve at. If you are buying or selling, please contact [email protected] to set up a zoom meeting or call/text at (415) 518-6402.

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