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East Bay Market Update - June 2025

Monthly Newsletter

East Bay Market Update - June 2025

Thinking of buying or selling a home in Berkeley?

 

At Calia Homes, we specialize in helping East Bay clients navigate the Berkeley real estate market with confidence. Whether you're a first-time buyer searching for the perfect home near the Gourmet Ghetto or a longtime homeowner preparing to sell in the Elmwood or Northbrae neighborhoods, our experienced Berkeley Realtors offer trusted guidance, local expertise, and a people-first approach. With decades of experience and a reputation built on referrals, we’re here to help you make smart, successful real estate decisions in Piedmont and the surrounding East Bay communities.

What’s Really Happening in Our Local Market?

January–June Year-Over-Year Trends

There are a number of mixed messages in the media about what is happening in the residential real estate market. Real estate is local. We looked at year over year data for 2024 and 2025 to share the straight story with our friends and clients.

Berkeley

Berkeley’s market remains strong, with both prices and sales volume up year over year. The median sold price rose to $1,650,000 (up 8.6%), and the number of sales of single family homes reached 241 (a 4.78% increase). This growth reflects steady demand and limited inventory—well-priced homes are still selling quickly, often above asking.

Piedmont

Piedmont continues to lead in appreciation and remains one of the East Bay’s most sought-after real estate markets. The median sold price climbed to $2,787,500 (up 9.7%) with 52 sales (up 10.64%), showing strong buyer confidence and continued interest from homebuyers, despite elevated borrowing costs.

Lamorinda

The markets of Lafayette, Moraga and Orinda saw a modest dip in both sales prices and activity, with a median sold price of $2,050,514 (down 1.2%) and 260 sales (down 1.89%). This softening may point to a more balanced market. That said, inventory remains tight, and move-in-ready homes continue to perform well.

Oakland

In the neighborhoods we researched in Oakland, we saw a slight dip in median price to $1,300,000 (down 1.1%) alongside a rise in sales to 467 homes (up 8.35%). This mix of trends may point to renewed buyer interest in areas that have seen some softening in prices. Well-priced homes continue to attract attention and multiple offers.

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