Click on Chart to Enlarge
Click On Chart to Enlarge
The above chart shows the changes over the past year in For Sale Pices vs Sold Prices in South Berkeley Homes. While we are seeing a sharp decline as measured from November of 2008. Beginnng in April of 2009 we are seeing an increase in home prices and in most months the Sold price is higher than the List or For Sale Price. This indicates that in many instances there are multiple offers on properties which is putting an upward pressure on prices and indicating that the bottom of the South Berkeley Homes market in this zip code (94703) may have been reached last March.
For more information on South Berkeley Homes and other East Bay Real Estate information please visit my website: http://www.billfletcherhomes.com/