Greater Oakland-Berkeley, Inner East Bay Real Estate
February 2023 Report
Pertaining to the cities of Oakland, Berkeley, Piedmont, Alameda, Emeryville, Albany, Kensington, El Cerrito & Richmond, but sometimes using county data
Compass San Francisco Bay Area Reports: https://www.bayareamarketreports.com
It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. Many factors affect sales prices besides neighborhood/ bedroom count: quality of location within the neighborhood, condition, size, archetecture, views, amenities, parking, outdoor space, etc.
These analysis were made in good faith with data from sources deemed reliable, but many contains errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundred of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.