Berkeley Local Market Report May

SALLAT PERRY GROUP

Local Market Report BERKELEY ALBANY KENSINGTON EL CERRITO

MAY 2025

SALLAT PERRY GROUP As a team, Estela and Michael o er their clients a rare blend of local expertise and global perspective. Estela brings a rich background in international business and a multilingual uency that helps clients navigate transactions with ease—whether they’re moving across the street or across the world. Michael, a Berkeley native with deep roots in the East Bay, o ers unmatched local knowledge and a steady, strategic approach shaped by 25 years of leadership experience.

Together, they bring a balance of insight, communication, and grit that ensures no detail is overlooked and no opportunity missed.

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Clients working with Michael and Estela bene t from the power of two dedicated agents who operate as true partners—collaborating daily, sharing ideas, and working behind the scenes to make the process feel seamless. Their combined strengths allow them to stay one step ahead, o ering high-touch service, honest guidance, and a deeply human approach to real estate. Whether buying, selling, or investing, clients can feel con dent knowing they have a thoughtful, responsive, and highly capable team on their side.

We strive to provide clarity in everything we do— and our Local Market Report is one way we deliver on that.

Each month, we manually review every home sale in our area, looking closely at many things such as property condition, demand, and outcome. We then sort each home into a category based on speci c area and condition. This helps reveal how di erent homes sell at di erent prices—and why.

These classi cations are based on our professional judgment and may be somewhat subjective.

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Our hope is that this report o ers meaningful insight into our market and also helps demystify the relationship between list price and sale price.

Here is a peek at the di erent categories.

FIXER: Needing substantial work, cosmetic and potentially structural, beyond the scope of what an average home buyer would likely consider doing. Often attracting investors more so than end users.

DATED: In need of various updating such as potentially kitchen, baths, oors, landscape, paint, etc. The average buyer would likely factor some, or all, of the updating costs into their offer price.

TURNKEY: Appealing to the majority of buyers. Needing little to no work or updating to be done upon moving in. This is where the majority of competition happens and highest price per square foot exists.

OPULENT: Large homes that fall outside of the average pool of buyers for a speci c area. This can also be high end luxury homes, homes with a detached ADU or two homes on one lot.

OUTLIER: These are homes that fall outside of the norm for one reason or another.

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OFF MARKET: These homes were not placed onto the MLS or “the market”.

Local Market Report May ‘25 ALBANY

Address Dated 721 Adams St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

2

1.5

927

3,800

$849,000

1% 1%

15 15

$928 $928

1 1

Loan

Turnkey 906 Carmel Ave 526 Masonic Ave 1262 Portland Ave 1151 Garfield Ave 1009 Pomona Ave 727 Cornell Ave 833 Polk St

$860,000 $860,000

1 3 3 3 3 5 4

1 1.5 1.5 1 1.5 3 3

654 1,310 1,369 1,136 1,486 1,720 2,110

3,300 5,000 3,843 5,000 6,000 5,000 3,250

$875,000 $1,185,000 $1,425,000 $949,000 $1,195,000 $1,369,000 $1,795,000

29% 0% -2% 53% 40% 64% 39% 32%

12 24 44 13 16 7 7 18

$1,720 $905 $1,023 $1,276 $1,124 $1,308 $1,185 $1,220

6 1 2 5 6 8 2 4.3

Cash Loan Loan Loan Loan Loan Cash

Condo/Townhome 555 Pierce St #522 555 Pierce St #408 535 Pierce St #2310 555 Pierce St #1532

$1,125,000 $1,185,000 $1,400,000 $1,450,000 $1,670,000 $2,250,000 $2,500,000 $1,654,286

1 1 2 3

1 2 2 2.5

745 1,080 1,170 1,514

0 0 0 0

$379,000 $384,888 $649,000 $1,100,000

$378,500 $384,000 $630,000 $1,025,000 $604,375

0% 0% -3% -7% -3%

36 95 69 154 89

$508 $356 $538 $677 $520

1 2 1 1 1.3

FHA Cash Cash Cash

Local Market Report May ‘25 BERKEL EY 94702 Address Fixers 1345 Ward St 1644 Kains Ave 1406 Kains Ave 1416 Acroft Ct

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

2 2 4 4

1 1 2 2

1,723 1,056 2,076 1,563

3,500 3,400 5,000 3,666

$979,000 $815,000 $849,000 $1,200,750

-13% 10% 30% 0% 7%

296 67 13 9 96

$493 $852 $530 $768 $661

1 1 11 6 4.8

Loan Loan Cash Loan

Turnkey 1405 Derby St 1528 Keoncrest Dr 2733 Dohr St 1229 Russell St 1216 Bancroft Way 1334 Derby St 2418 Acton St

$850,000 $900,000 $1,100,000 $1,200,750 $1,012,688

2 4 3 4 3 3 4

1 2 2 2 2 2 3

1,248 1,580 1,992 1,688 1,247 1,547 2,405

5,320 2,842 4,000 3,500 4,000 5,400 3,751

$995,000 $1,049,000 $1,295,000 $1,185,000 $1,068,000 $1,298,000 $2,150,000

43% 50% 24% 48% 64% 46% 21% 42%

15 14 15 8 13 13 14 13

$1,142 $996 $803 $1,037 $1,403 $1,228 $1,081 $1,099

2 5 2 6 13 4 3 5

Loan Loan Loan Loan Loan Cash Loan

Outlier 2727 San Pablo Ave

$1,425,000 $1,574,000 $1,600,000 $1,750,000 $1,750,000 $1,900,000 $2,600,000 $1,799,857

3

1

1,030

3,408

$649,000

0% 0%

45 45

$630 $630

1 1

Other

Condo/Townhome 1208 Delaware St

$649,000 $649,000

2

2.5

1,373

6,743

$1,225,000

$1,355,000 $1,355,000

11% 11%

15 15

$987 $987

1 1

Loan

Local Market Report May ‘25 BERKEL EY 94703

Address Dated 1622 62nd St Turnkey 1434 Edith St 1616 Harmon St 1625 62nd St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

3

3

2,588

6,750

$1,295,000

$1,210,000 $1,210,000

-7% -7%

15 15

$468 $468

1 1

Cash

3 3 3

1 2 2

1,509 1,688 1,404

4,440 4,050 5,130

$1,249,000 $895,000 $1,149,000

$1,750,000 $1,009,000 $1,500,000 $1,419,667

40% 13% 31% 28%

9 15 14 13

$1,160 $598 $1,068 $942

3 2 6 3.7

Loan Loan Cash

Local Market Report May ‘25 BERKEL EY 94704

Address Turnkey 2341 Carleton St 2316 Careleton St Condo/Townhome 2601 College Ave 2550 Dana St 2632 Warring St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

4 4

4 2.5

2,424 2,530

4,050 6,725

$1,595,000 $1,995,000

$2,110,000 $3,141,593 $2,625,797

32% 57% 45%

35 13 24

$870 $1,242 $1,056

1 4 2.5

Loan Loan

1 1 2

1 1 1

666 700 845

0 0 0

$525,000 $575,999 $698,000

$535,000 $575,000 $710,000 $606,667

2% 0% 2% 1%

9 18 11 13

$803 $821 $840 $822

1 4 1 2

Cash Cash Cash

Local Market Report May ‘25 BER KEL EY (CL AREMON T/ ELMOOD) 94705

Address Dated 2722 Garber St 44 Domingo Ave 2799 Piedmont Ave

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

2 5 6

1.5 4 4.5

3,156 2,837 4,300

4,080 4,992 4,500

$1,095,000 $2,350,000 $1,895,000

64% 0% 32% 32%

13 14 14 14

$570 $828 $581 $660

14 1 6 7

Loan Loan Loan

Turnkey 2314 Russell St 2139 Essex St 2219 Woolsey St 95 Alvarado Rd 1 Brookside Ave 2722 Prince St 1 Roble Rd 57 Domingo Ave 76 Eucalyptus Rd

$1,800,000 $2,350,000 $2,500,000 $2,216,667

4 5 4 2 3 3 3 4 4

2 3 3 1.5 3.5 2 2 2.5 3.5

1,467 2,333 2,128 1,940 2,510 1,940 1,750 2,218 2,770

2,310 3,885 4,600 7,150 5,915 4,750 8,127 6,800 6,279

$1,095,000 $1,095,000 $1,699,888 $1,495,000 $2,350,000 $1,898,000 $1,595,000 $2,095,000 $2,698,000

42% 67% 8% 30% -1% 24% 50% 27% 0% 27%

14 14 11 12 57 13 3 15 80 24

$1,057 $782 $859 $1,000 $924 $1,211 $1,371 $1,199 $975 $1,042

3 8 1 3 2 6 1 4 2 3.3

Cash Loan Loan Loan Cash Loan Loan Loan Loan

Opulent 2946 Claremont Blvd 159 Hillcrest Rd

$1,550,000 $1,825,000 $1,828,000 $1,940,000 $2,320,000 $2,350,000 $2,400,000 $2,660,000 $2,700,000 $2,174,778

5 5

4 3.5

3,379 4,071

6,850 8,800

$3,995,000 $3,495,000

0% 14% 7%

34 15 25

$1,184 $983 $1,083

1 2 1.5

Cash Loan

Condo/Townhome 2641 Webster St 2737 Fulton St

$4,000,000 $4,000,000 $4,000,000

1 2

1 1

587 1,074

0 0

$585,000 $780,000

0% 28% 14%

80 13 47

$997 $931 $964

1 2 1.5

Cash Loan

Off-Market 2815 Reagent St 254 Hillcrest Rd

$585,000 $1,000,000 $792,500

2 3

1 2

1,050 2,297

0 4,864

$799,000 $2,350,000

$930,000 $2,350,000

16% 0%

0 0

$886 $1,023

1 1

Cash Loan

Local Market Report May ‘25 BERKEL EY (CL AREMON T H I LLS ) 94705

Address Dated 135 Evergreen Ln Opulent 7061 Devon Way

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

4

2

2,490

10,296

$1,598,000

$1,875,000 $1,875,000

17% 17%

14 14

$753 $753

2 2

Cash

3

3.5

3,399

12,738

$2,295,000

$2,650,000 $2,650,000

15% 15%

12 12

$780 $780

3 3

Loan

Local Market Report May ‘25 BERKEL EY (TH OUS AND OAKS ) 94707

Address Fixers 843 Arlington Ave

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

4

3

4,597

12,900

$2,695,000

-7% -7%

41 41

$546 $546

2 2

Loan

Turnkey 929 Spruce St 927 Santa Barbara Rd 614 Peralta Ave 1869 San Ramon Ave 653 Colusa Ave

$2,510,000 $2,510,000

2 2 3 3 4

1.5 1 2 3 3

1,318 1,231 1,673 1,941 2,470

4,386 4,233 3,800 5,000 4,000

$998,000 $998,000 $1,795,000 $1,595,000 $1,750,000

10% 35% 16% 32% 32% 25%

24 13 43 13 12 21

$835 $1,097 $1,240 $1,082 $935 $1,038

3 3 3 3 1 2.6

Loan Cash Loan Loan Cash

Opulent 843 Arlington Ave 1130 Shattuck Ave 75 Southampton Ave

$1,100,000 $1,350,000 $2,075,000 $2,100,000 $2,310,000 $1,787,000

4 6 5

3 4.5 5

4,597 4,528 4,309

12,900 7,488 14,260

$2,695,000 $4,195,000 $4,398,000

$2,510,000 $4,725,000 $4,398,000 $3,877,667

-7% 13% 0% 2%

41 14 4 20

$546 $1,044 $1,021 $870

2 3 2 2.3

Loan Loan Loan

Local Market Report May ‘25 BERKEL EY H IL LS 94 70 8

Address Dated 989 Overlook Rd 2506 Buena Vista Way 1433 Grizzly Peak Blvd 5 The Crescent

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

3 3 4 4

2 2 4 3.5

1,803 2,064 2,705 2,524

6,000 3,337 5,398 13,291

$995,000 $1,095,000 $1,595,000 $1,495,000

31% 42% 15% 28% 29%

31 8 15 14 17

$721 $751 $678 $759 $727

5 4 1 1 2.8

Loan Loan Loan Cash

Turnkey 51 Forest Ln 561 Cragmont Ave 159 Tamalpais Rd 961 Hilldale 990 Regal Rd 1386 Euclid Ave

$1,300,000 $1,550,000 $1,835,000 $1,915,000 $1,650,000

2 3 3 3 3 4

1 3 3.5 2 2 2

1,236 1,830 1,414 2,352 1,656 2,572

4,488 4,182 5,200 4,900 7,467 3,564

$995,000 $1,295,000 $1,050,000 $1,295,000 $1,295,000 $1,679,000

31% 20% 52% 33% 45% 19% 33%

15 25 13 14 13 36 19

$1,052 $847 $1,131 $734 $1,132 $778 $946

4 1 3 3 9 1 3.5

Cash Cash Cash Loan Loan Loan

Opulent 1082 Miller Ave 1484 Grizzly Peak Blvd 1158 Cragmont

$1,300,000 $1,550,000 $1,599,000 $1,726,000 $1,875,000 $2,000,000 $1,675,000

4 5 5

3.5 4.5 4.5

3,050 4,387 3,583

6,328 6,185 6,359

$2,295,000 $3,295,000 $3,980,000

13% 2% -6% 3%

14 38 68 40

$852 $764 $1,047 $888

1 1 1 1

Loan Loan Cash

Condo/Townhome 1561 Euclid Ave

$2,600,000 $3,350,000 $3,750,000 $3,233,333

1

1

1,100

7,422

$699,000

$645,000

-8%

95

$586

1

Cash

Local Market Report May ‘25 BERKELEY (DOWN TOWN- IS H) 9 4709

Address Turnkey 1626 LeRoy Ave 1436 Oxford St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

4 5

3 3.5

2,492 2,402

3,410 7,894

$1,495,000 $1,795,000

34% 45% 39%

14 14 14

$803 $1,082 $942

5 4 4.5

Loan Cash

Condo/Townhome 170 Martin Luther King Way #5 1 1337 Henry St. 3 1515 Oxford St. 2D 2

$2,000,000 $2,600,000 $2,300,000

1 1.5 2

4,450 1,188 2,155

0 0 0

$488,000 $920,000 $1,350,000

$490,000 $1,077,000 $1,360,000 $975,667

0% 17% 1% 6%

41 13 6 20

$110 $907 $631 $549

1 1 1 1

Loan Loan Cash

Local Market Report May ‘25 WEST BERKELEY 94 71 0

Address Turnkey 2412 8th St 1487 10th St 2818 8th St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

3 2 2

2 1 1

975 789 1,346

3,915 4,902 6,875

$895,000 $895,000 $997,000

$985,000 $1,011,888 $1,200,000 $1,065,629

10% 13% 20% 14%

35 22 15 24

$1,010 $1,282 $892 $1,061

Loan Cash Cash

1 2 7 3.3

Local Market Report May ‘25 KENS INGTON

Address Fixers 219 Arlington Ave 1635 Oak View Ave Turnkey 267 Colusa Ave 215 Purdue Ave 1656 Oak View Ave 115 Windsor Ave

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft Offers

Finance

3 2

2 1

1,246 886

5,400 4,200

$795,000 $599,000

$710,000 $750,000 $730,000

-11% 25% 7%

29 9 19

$570 $847 $708

3 3 3

Cash Cash

2 3 2 3

1 1.5 2.5 2

997 1,356 1,794 1,587

4,920 4,000 4,000 4,200

$949,000 $995,000 $1,275,000 $1,298,000

$1,351,000 $1,375,000 $1,607,777 $1,905,000 $1,559,694

42% 38% 26% 47% 38%

10 14 24 12 15

$1,355 $1,014 $896 $1,200 $1,116

2 4 2 4 3

Loan Cash Loan Cash

Local Market Report May ‘25 EL CERRI TO Address Fixers 5720 El Dorado Ave 611 Norvell St 924 Balra Dr 535 Kearlney St

BR

BA

SQFT

LOT

List Price

Sale Price

%

DOM

$/Sq Ft

Offers

Finance

3 3 3 4

2 1 2 2

1,080 1,146 1,388 1,865

5,000 4,500 6,750 5,000

$550,000 $599,000 $799,000 $988,000

-5% 17% 5% 0% 4%

18 7 15 69 27

$486 $610 $602 $530 $557

4 12 1 3 5

Cash Cash Cash Loan

Dated 5725 Alta Punta Ave 709 Gelston Pl 2212 Arlington Blvd 8037 Terrace Dr

$525,000 $699,000 $835,000 $988,000 $761,750

3 3 4 3

2 2 3 3.5

1,317 1,830 2,919 3,160

3,500 4,950 11,760 11,825

$1,099,000 $1,150,000 $1,395,000 $1,199,000

0% 4% 8% 33% 11%

27 15 61 14 29

$835 $656 $514 $506 $628

1 2 1 5 2.3

Loan Cash Loan Other

Turnkey 2638 Tuller Ave 2320 Cedar St 7011 Fairmount Ave 7746 Curry Ave 6823 Lincoln Ave 7308 Potrero Ave 748 Colusa Ave 401 Bonnie Dr 7451 Stockon Ave 8001 Terrace Dr

$1,100,000 $1,200,000 $1,500,000 $1,600,000 $1,350,000

3 3 3 2 4 3 3 4 5 4

1 2 2 1 2 2 2 2 2 2

1,407 1,539 1,461 1,288 1,393 1,912 1,467 1,947 2,476 1,740

5,300 4,400 3,515 6,200 5,000 4,965 11,336 5,390 6,210 8,928

$785,000 $798,000 $1,250,000 $998,000 $895,000 $1,095,000 $998,000 $1,295,000 $1,169,000 $1,395,000

$1,100,000 $1,200,000 $1,225,000 $1,350,000 $1,415,000 $1,455,000 $1,522,000 $1,600,000 $1,710,000 $1,857,000 $1,443,400

40% 50% -2% 35% 58% 33% 53% 24% 46% 33% 37%

12 11 40 12 15 8 14 13 14 14 15

$782 $780 $838 $1,048 $1,016 $761 $1,037 $822 $691 $1,067 $884

7 3 1 1 12 1 4 2 8 1 4

Loan Cash Loan Loan Loan Cash Cash Cash Loan Loan