JULY ...............................2009.........................2008
Berkeley:
Active Listings ..................138........................... 188
Under Contract ..................47............................. 35
Closed Sales .........................38 ............................60
Average Sales Price ........$828,624........... $835,000
Oakland:
Active Listings ................1052 ........................2286
Under Contract .................363 ..........................226
Closed Sales ......................280 ...........................201
Average Sales Price ......$335,000 .............$492,000
While home prices in Berkeley remained strong and virtually unchanged, Home prices in Oakland showed a drop of 32% form last year at this time. It is intersting to note that available home inventory has fallen dramatically and that number of home sales has risen sharply over this same period.
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