May 2021 Report

East Bay Real Estate Report – May 2021

Greater Oakland-Berkeley, Inner East Bay Real Estate

May 2021 Report

Year-to-Date, Year-over-Year Changes
Comparing Jan.-April 2021 with Jan.-April 2020

Median house sales price: + 24%, $1,065,000 in 2021 YTD
Median house $/sq.ft. value: + 22%

Median condo sales price: – 2%, $605,000 in 2021 YTD
Median condo $/sq.ft. value: no change

Total sales volume: + 57%

Luxury home sales, $2,000,000+: + 182%

Active listings at end of month: + 6% (4 month average)

Months supply of inventory: – 6% (less supply vs. demand)

Median days on market: down to 11 from 14 days

Percentage of sales over list price: up to 73% from 69% of sales

Median Sales Price to LP %: up to 107% from 105% of list price*

* % over 100% = overbidding (on average transaction)

May 2021 Report

Note that the pandemic and shelter-in-place had a large impact on some April 2020 figures.
Activity reported to MLS, per MLS stats program or Infosparks. Data from sources deemed reliable, but may contain errors and subject to revision. Late reported activity may change figures, though typically only slightly. All numbers are approximate.

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