This chart is for median price of detached homes (no condos, no income properties) from August 2008 to August 2009. There is a 1% increase in the median sales price over this time. The market is changing. If you are looking for a bargain real estate property in Berkeley, you are a day late. I am sorry that the chart is hard to read. This is the best I can do for now. The main numbers are 617K in August 2008 and 621K in August 2009 or almost a 1% increase in price.
On another note. I saw yesterday that a duplex I was watching on Grant road in Berkeley that was listed at 575K which was a bit on the low side, I thought but not that low ended up selling for 705K! Wow!and only on the market for 14 days. This is indicative of the phenonmenon I keep mentioning that there are plenty of buyers and not enough inventory on the market.
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