Greater Oakland-Berkeley, Inner East Bay Real Estate
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May every moment of the season bring something to enjoy and remember! We appreciate your trust, and look forward to assisting you with all of your real estate needs in the coming year.
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December 2019 Market Snapshots
Bay Area Home Prices by County
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By number of sales, Alameda County is the largest market in the Bay Area. The greater Oakland-Berkeley region constitutes the largest market within the county.
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Bay Area vs. U.S. Appreciation Trends
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This next chart estimates percentage home price appreciation trends for the San Francisco metro area (red line) and for the country as a whole (green line). In the latest market up-cycle, which began in 2012, the divergence in trend lines is very dramatic. The chart does not delineate prices, only percentage changes based upon a January 2000 value of 100. Thus 260 = 160% appreciation since January 2000.
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Market Seasonality - New Listings
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The market is currently in the midst of its annual plunge in new listing activity, which hits bottom in December. (This chart is updated with data through October.)
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Estimated Home Price Trends since 1996
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The next 3 charts are based upon the calculations of an algorithm which estimates - in a smoothed out, seasonally-adjusted trend line - changes in median home values. According to its calculations, prices in some of our more expensive markets have dropped from recent peaks.
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Market Dynamics by City or District
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As often mentioned in previous reports, many of our cities and districts display statistics indicating some of the highest-demand markets in the country.
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Regional Market Statistics
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SOLD! 3551 Joaquin Miller Rd, Oakland This potential 4 bedroom/3 bath is located across the street from the Woodminster Theater at Joaquin Miller Park. Vaulted ceilings and original 1922 Fireplace from the original log cabin. This piece of history is close to public transportation, highway 13, miles of parks, hiking, biking, horseback riding trails, and features filtered views of The Bay.
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Exclusive to Compass, our Concierge program will prepare your home for the market. From deep-cleaning to cosmetic improvements, we'll work with you to assess every opportunity to elevate your home's value.
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© Compass 2019 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under
multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075,
1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented
herein is intended for informational purposes only and is compiled from sources deemed reliable
but has not been verified. Changes in price, condition, sale or withdrawal may be made without
notice. No statement is made as to accuracy of any description. All measurements and square
footage are approximate. Equal Housing Opportunity.
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