Q4 2020 - Q4 2023 Market Report - Nobu Ito by Procasa Technologies, Inc

East Bay Area Berkeley

Fourth Quarter

Jump to Fourth Quarter

First Quarter

Jump to First Quarter

Second Quarter

Jump to First Quarter

2022

First Quarter

Jump to First Quarter

Second Quarter

Jump to First Quarter

2023

First Quarter

Jump to First Quarter

Second Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

Fourth Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

Fourth Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

Fourth Quarter

Jump to First Quarter

Fourth Quarter

Jump to Fourth Quarter

First Quarter

Jump to First Quarter

Second Quarter

Jump to First Quarter

2022

First Quarter

Jump to First Quarter

Second Quarter

Jump to First Quarter

2023

First Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

Fourth Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

Fourth Quarter

Fourth Quarter 2020

Second Quarter

Jump to First Quarter

Third Quarter

Jump to First Quarter

About Me

Nobu Ito brings a unique and trained, people-focused perspective to the real estate profession. “I was a social worker for 20 years,” she says, describing how over the years she had always bought, fixed up, and owned homes, even completing construction management and contracting courses to learn how to build homes from the ground up. She eventually took real estate classes so she could make informed decisions on her investments and construction projects. But when she found herself sharing knowledge with others, she decided it was time to become a licensed real estate broker.

Nobu immediately became rookie of the year at KW East Bay and a top-producing agent the next year, before joining Keller Williams San Francisco/Oakland in 2016, where she is the top individual producer in the market center. Now Nobu has created a thriving real estate practice driven by her goal of making everyone she works with feel special. “I love connecting with people. Real estate folds all my skills into one, from contracting and construction management to people skills, listening, and negotiating, which is so important in this business.” She takes her time meeting every person’s individual needs with her ability to listen to what they say, understand what they want, and incorporate that into the house and lifestyle they are seeking.

Check out my Website Here

Client Testimonials

“Nobu cares deeply about what we're looking for and doesn't push us unnecessarily in the process. She is a calm source of confidence when going through a stressful home buying ordeal. We appreciated her help each step of the way.”

- Andrew Huang

“Nobu is an ethical, honest and highly skilled real estate agent who is willing to work hard to get the job done right. If you want to purchase a home and have an opportunity to work with Nobu, I highly recommend you do so now. Nobu is respected in the community, is a fair negotiator and provides education along the way. My price point may be lower than many in the Bay Area, but it didn’t matter to Nobu. A conversation with Nobu helped change my perspective on my financial readiness for home ownership. Nobu worked with me through the Below Market Rate (BMR) program and within a year of working together helped me land a property without BMR supports in a place that meets all of my needs. Thank you Nobu. I’m grateful YOU were my agent and plan to use your services for any future moves.”

- Holly Barton

“I can't imagine ever going to another realtor! We were fortunate to meet Nobu when she helped her clients sell us their house, and we never considered anyone else when we were ready to sell that same house 4 years later. She is smart, compassionate, supportive yet willing to give advice based on years of experience when asked. Both my husband and I adore her, never doubting her integrity or professional competence throughout some challenges with our buyer. You can't go wrong with Nobu.”

- Sabrina Klein Clement

3 Keys to Hitting Your Homeownership Goals in 2024

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.

Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains:

“The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.”

Here are a few things to think through as you define your goals for 2024.

Berkeley 2020

Fourth Quarter 2020

What’s in the Berkeley’s Fourth Quarter of 2020 data?

There were 255 single-family homes for sale. There were 178 new listings and 206 homes sold at a median price of $1.45m. The median overbid percentage was at 110%, with an average of 26 days on the market.

There were 64 condo and townhome units for sale. There were 34 new listings and 28 units sold at a median sale price of $700k. The median overbid percentage was at 102.8%, with an average of 32 days on the market.

st es, condos, and his may include data is deemed Francisco | Napa

Condo & Townhomes

$700K

Berkeley 2021

First Quarter 2021

What’s in the Berkeley’s

First Quarter of 2021 data?

There were 207 single-family homes for sale. There were 161 new listings and 141 homes sold at a median price of $1.49m. The median overbid percentage was at 116.3%, with an average of 21 days on the market.

There were 54 condo and townhome units for sale. There were 37 new listings and 23 units sold at a median sale price of $700k. The median overbid percentage was at 104.8%, with an average of 28 days on the market.

ily Homes

Sold Listings

Median Sale vs List

oker Metrics, includes all single-family homes, condos, and y and Oakland City from 2020 to 2023 This may include ary from the time the data was gathered All data is deemed DRE# 01995149 Copyright KW Advisors San Francisco | Napa dependently owned and operated

Condo & Townhomes

$700K 104.8%

2021

Berkeley

Second Quarter 2021

What’s in the Berkeley’s Second Quarter of 2021 data?

There were 256 single-family homes for sale. The were 230 new listings and 181 homes sold at a m price of $1.61m. The median overbid percentage at 122%, with an average of 13 days on the marke

There were 75 condo and townhome units for sa There were 60 new listings and 39 units sold at a median sale price of $802k. The median overbid percentage was at 108.8%, with an average of 17 on the market.

Homes

ourced from Broker Metrics, includes all single-family homes, condos, and in Berkeley City and Oakland City from 2020 to 2023 This may include data and may vary from the time the data was gathered All data is deemed not guaranteed DRE# 01995149 Copyright KW Advisors San Francisco | Napa Each office is independently owned and operated

Condo & Townhomes

2021

Berkeley

Third Quarter 2021

What’s in the Berkeley’s Third Quarter of 2021 data?

There were 308 single-family homes for sale. There were 258 new listings and 211 homes sold at a median price of $1.6m. The median overbid percentage was at 119%, with an average of 19 days on the market.

There were 81 condo and townhome units for sale. There were 55 new listings and 44 units sold at a median sale price of $797k. The median overbid percentage was at 109.5%, with an average of 25 days on the market.

Sold Listings

Median Sale vs List

ludes all single-family homes, condos, and City from 2020 to 2023 This may include e the data was gathered All data is deemed

Condo & Townhomes

$797K

Berkeley

Fourth Quarter 2021

What’s in the Berkeley’s Fourth Quarter of 2021 data?

There were 225 single-family homes for sale. There were 149 new listings and 214 homes sold at a median price of $1.65m. The median overbid percentage was at 123.7%, with an average of 23 days on the market.

There were 73 condo and townhome units for sale. There were 40 new listings and 48 units sold at a median sale price of $727k. The median overbid percentage was at 107%, with an average of 36 days on the market.

e Price on Market

Median Sale vs List

ed from Broker Metrics, includes all single-family homes, condos, and Berkeley City and Oakland City from 2020 to 2023 This may include and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01995149 Copyright KW Advisors San Francisco | Napa h office is independently owned and operated

Condo & Townhomes

$727K

2022

Berkeley

First Quarter 2022

What’s in the Berkeley’s First Quarter of 2022 data?

There were 205 single-family homes for sale. There were 187 new listings and 105 homes sold at a median price of $1.72m. The median overbid percentage was at 122%, with an average of 15 days on the market.

There were 46 condo and townhome units for sale. There were 30 new listings and 25 units sold at a median sale price of $855k. The median overbid percentage was at 111%, with an average of 32 days on the market.

2022

Berkeley

Second Quarter 2022

What’s in the Berkeley’s Second Quarter of 2022 data?

There were 285 single-family homes for sale. There were 235 new listings and 231 homes sold at a median price of $1.85m. The median overbid percentage was at 135%, with an average of 15 days on the market.

There were 61 condo and townhome units for sale. There were 51 new listings and 33 units sold at a median sale price of $950k. The median overbid percentage was at 117.7%, with an average of 26 days on the market.

& Townhomes

$950K 117.7%

2022

Berkeley

Third Quarter 2022

What’s in the Berkeley’s Third Quarter of 2022 data?

There were 232 single-family homes for sale. There were 180 new listings and 139 homes sold at a median price of $1.6m. The median overbid percentage was at 118.5%, with an average of 20 days on the market.

There were 56 condo and townhome units for sale. There were 35 new listings and 28 units sold at a median sale price of $832k. The median overbid percentage was at 104.7%, with an average of 24 days on the market.

Condo & Townhomes

$832K

Berkeley

Fourth Quarter 2022

What’s in the Berkeley’s Fourth Quarter of 2022 data?

There were 174 single-family homes for sale. There were 101 new listings and 117 homes sold at a median price of $1.44m. The median overbid percentage was at 110%, with an average of 27 days on the market.

There were 28 condo and townhome units for sale. There were 12 new listings and 18 units sold at a median sale price of $876k. The median overbid percentage was at 101.8%, with an average of 29 days on the market.

Homes

sourced from Broker Metrics, includes all single-family homes, condos, and s in Berkeley City and Oakland City from 2020 to 2023 This may include y data and may vary from the time the data was gathered All data is deemed t not guaranteed DRE# 01995149 Copyright KW Advisors San Francisco | Napa Each office is independently owned and operated

& Townhomes

2023

Berkeley

First Quarter 2023

What’s in the Berkeley’s

First Quarter of 2023 data?

There were 138 single-family homes for sale. There were 114 new listings and 79 homes sold at a median price of $1.5m. The median overbid percentage was at 110%, with an average of 25 days on the market.

There were 37 condo and townhome units for sale. There were 31 new listings and 16 units sold at a median sale price of $809k. The median overbid percentage was at 105.6%, with an average of 28 days on the market.

vs List

y homes, condos, and 023 This may include red All data is deemed rs San Francisco | Napa

2023

Berkeley

Second Quarter 2023

What’s in the Berkeley’s

Second Quarter of 2023 data?

There were 199 single-family homes for sale. There were 161 new listings and 128 homes sold at a median price of $1.6m. The median overbid percentage was at 120%, with an average of 17 days on the market.

There were 47 condo and townhome units for sale. There were 35 new listings and 31 units sold at a median sale price of $785k. The median overbid percentage was at 105%, with an average of 31 days on the market.

e-Family Homes

& Townhomes

2023

Berkeley

Third Quarter 2023

What’s in the Berkeley’s Third Quarter of 2023 data?

There were 211 single-family homes for sale. There were 168 new listings and 127 homes sold at a median price of $1.4m. The median overbid percentage was at 114%, with an average of 25 days on the market.

There were 45 condo and townhome units for sale. There were 28 new listings and 31 units sold at a median sale price of $894k. The median overbid percentage was at 103.9%, with an average of 31 days on the market.

Single-Family Homes

New Listings Sold Listings

$1.4M

Median Sale Price

114% 25

Avg. Days on Market

Median Sale vs List

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in Berkeley City and Oakland City from 2020 to 2023 This may include preliminary data and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01995149 Copyright KW Advisors San Francisco | Napa Valley 2024 Each office is independently owned and operated

2023

Berkeley

Fourth Quarter 2023

What’s in the Berkeley’s Fourth Quarter of 2023 data?

There were 158 single-family homes for sale. There were 91 new listings and 102 homes sold at a median price of $1.4m. The median overbid percentage was at 113%, with an average of 25 days on the market.

There were 36 condo and townhome units for sale. There were 19 new listings and 20 units sold at a median sale price of $817k. The median overbid percentage was at 108.8%, with an average of 29 days on the market.

ed from Broker Metrics, includes all single-family homes, condos, and Berkeley City and Oakland City from 2020 to 2023 This may include a and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01995149 Copyright KW Advisors San Francisco | Napa h office is independently owned and operated

Median Sales Price

Single-Family Homes

The median sales price has decreased from $145M in the 4th Quarter of 2020, to $1.40M in the 4th Quarter of 2023

Condos & Townhomes

The median sales price has increased from $700K in the 4th Quarter of 2020, to $817K in the 4th Quarter 2023.

Single-Family Homes

The average time spent on the market went down from 26 days in the 4th Quarter of 2020, to 25 days as of the 4th Quarter of 2023

Condos & Townhomes

The average time spent on the market went up from 32 days in the 4th Quarter of 2020, to 29 days as of the 4th Quarter of 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 1103% of the 4th Quarter of 2020, to 1132% of the 4th Quarter of 2023

Condos & Townhomes

The overbid percentage has increased from 1028% of the 4th Quarter of 2020, to 1088% of the 4th Quarter of 2023

Oakland 2020

Fourth Quarter 2020

What’s in the Oakland’s Fourth Quarter of 2020 data?

There were 1,250 single-family homes for sale. There were 870 new listings and 939 homes sold at a median price of $905k. The median overbid percentage was at 112%, with an average of 25 days on the market.

There were 550 condo and townhome units for sale. There were 318 new listings and 266 units sold at a median sale price of $659k. The median overbid percentage was at 101%, with an average of 35 days on the market.

Condo & Townhomes

Oakland 2021

First Quarter 2021

What’s in the Oakland’s

First Quarter of 2021 data?

There were 1,090 single-family homes for sale. There were 854 new listings and 677 homes sold at a median price of $906k. The median overbid percentage was at 113%, with an average of 19 days on the market.

There were 496 condo and townhome units for sale. There were 363 new listings and 243 units sold at a median sale price of $632k. The median overbid percentage was at 103%, with an average of 29 days on the market.

Single-Family Homes

854 677

New Listings Sold Listings

$906K 113%

Median Sale Price

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

2021

Oakland

Second Quarter 2021

What’s in the Oakland’s Second Quarter of 2021 data?

There were 1,403 single-family homes for sale. There were 1,160 new listings and 944 homes sold at a median price of $1.13m. The median overbid percentage was at 123%, with an average of 17 days on the market.

There were 513 condo and townhome units for sale. There were 387 new listings and 331 units sold at a median sale price of $669k. The median overbid percentage was at 105%, with an average of 24 days on the market.

Single-Family Homes

1,160 944

New Listings Sold Listings

$1.13M 123%

Median Sale Price

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

$669K

2021

Oakland

Third Quarter 2021

What’s in the Oakland’s Third Quarter of 2021 data?

There were 1,363 single-family homes for sale. There were 1,073 new listings and 866 homes sold at a median price of $1.05m. The median overbid percentage was at 122%, with an average of 19 days on the market.

There were 568 condo and townhome units for sale. There were 424 new listings and 275 units sold at a median sale price of $665k. The median overbid percentage was at 105.5%, with an average of 25 days on the market.

Single-Family Homes

1,073 866

New Listings Sold Listings

$1.05M 122%

Median Sale Price

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

2021

Oakland

Fourth Quarter 2021

What’s in the Oakland’s Fourth Quarter of 2021 data?

There were 1,041 single-family homes for sale. There were 654 new listings and 792 homes sold at a median price of $1.01m. The median overbid percentage was at 119%, with an average of 26 days on the market.

There were 442 condo and townhome units for sale. There were 237 new listings and 289 units sold at a median sale price of $660k. The median overbid percentage was at 104%, with an average of 41 days on the market.

Single-Family Homes

792

New Listings Sold Listings

Median Sale Price

$1.01M 119% 26

Avg. Days on Market

Median Sale vs List

Condo & Townhomes

2022

Oakland

First Quarter 2022

What’s in the Oakland’s First Quarter of 2022 data?

There were 1,020 single-family homes for sale. There were 854 new listings and 555 homes sold at a median price of $1m. The median overbid percentage was at 121.9%, with an average of 20 days on the market.

There were 424 condo and townhome units for sale. There were 335 new listings and 215 units sold at a median sale price of $650k. The median overbid percentage was at 103%, with an average of 31 days on the market.

Single-Family Homes

854 555

New Listings Sold Listings

$1M

Median Sale Price

121.9%

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

2022

Oakland

Second Quarter 2022

What’s in the Oakland’s Second Quarter of 2022 data?

There were 1,316 single-family homes for sale. There were 1,054 new listings and 780 homes sold at a median price of $1.19m. The median overbid percentage was at 126.5%, with an average of 18 days on the market.

There were 504 condo and townhome units for sale. There were 362 new listings and 262 units sold at a median sale price of $671k. The median overbid percentage was at 107%, with an average of 26 days on the market.

Single-Family Homes

1,054 780

New Listings Sold Listings

$1.19M

Median Sale Price

126.5%

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

2022

Oakland

Third Quarter 2022

What’s in the Oakland’s Third Quarter of 2022 data?

There were 1,368 single-family homes for sale. There were 951 new listings and 632 homes sold at a median price of $1.05m. The median overbid percentage was at 112.8%, with an average of 24 days on the market.

There were 463 condo and townhome units for sale. There were 278 new listings and 182 units sold at a median sale price of $647k. The median overbid percentage was at 100.9%, with an average of 31 days on the market.

Single-Family Homes

951 632

New Listings Sold Listings

$1.05M 112.8%

Median Sale Price

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

$647K

Fourth Quarter 2022

What’s in the Oakland’s Fourth Quarter of 2022 data?

There were 990 single-family homes for sale. There were 501 new listings and 507 homes sold at a median price of $959k. The median overbid percentage was at 107.8%, with an average of 35 days on the market.

There were 320 condo and townhome units for sale. There were 141 new listings and 129 units sold at a median sale price of $550k. The median overbid percentage was at 97.5%, with an average of 50 days on the market.

Single-Family Homes

New Listings Sold Listings

$959K

Median Sale Price

Avg. Days on Market

107.8%

Median Sale vs List

Condo & Townhomes

$550K 97.5%

2023

Oakland

First Quarter 2023

What’s in the Oakland’s

First Quarter of 2023 data?

There were 834 single-family homes for sale. There were 560 new listings and 356 homes sold at a median price of $890k. The median overbid percentage was at 106%, with an average of 35 days on the market.

There were 290 condo and townhome units for sale. There were 201 new listings and 104 units sold at a median sale price of $612k. The median overbid percentage was at 98.8%, with an average of 33 days on the market.

Single-Family Homes

New Listings

Median Sale Price

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

$612K 98.8% 33

2023

Oakland

Second Quarter 2023

What’s in the Oakland’s Second Quarter of 2023 data?

There were 993 single-family homes for sale. There were 710 new listings and 546 homes sold at a median price of $975k. The median overbid percentage was at 112%, with an average of 23 days on the market.

There were 330 condo and townhome units for sale. There were 223 new listings and 150 units sold at a median sale price of $605k. The median overbid percentage was at 101%, with an average of 33 days on the market.

Single-Family Homes

New Listings Sold Listings

$975K

Median Sale Price

112%

Median Sale vs List

Avg. Days on Market

2023

Oakland

Third Quarter 2023

What’s in the Oakland’s Third Quarter of 2023 data?

There were 1,171 single-family homes for sale. There were 856 new listings and 487 homes sold at a median price of $975k. The median overbid percentage was at 110.7%, with an average of 28 days on the market.

There were 399 condo and townhome units for sale. There were 263 new listings and 110 units sold at a median sale price of $594k. The median overbid percentage was at 98.2%, with an average of 37 days on the market.

Single-Family Homes

New Listings Sold Listings

$975K

Median Sale Price

110.7%

Median Sale vs List

Avg. Days on Market

Condo & Townhomes

$594K

2023

Oakland

Fourth Quarter 2023

What’s in the Oakland’s Fourth Quarter of 2023 data?

There were 978 single-family homes for sale. There were 491 new listings and 492 homes sold at a median price of $1.01m. The median overbid percentage was at 108.6%, with an average of 33 days on the market.

There were 338 condo and townhome units for sale. There were 137 new listings and 117 units sold at a median sale price of $514k. The median overbid percentage was at 96.9%, with an average of 57 days on the market.

Single-Family Homes

491 492

New Listings Sold Listings

$1.01M

Median Sale Price

108.6% 33

Avg. Days on Market

Median Sale vs List

Condo & Townhomes

Median Sales Price

Single-Family Homes

The median sales price has increased from $905K of 4th Quarter 2020, to $1M of 4th Quarter 2023

Condos & Townhomes

The median sales price has decreased from $659K of 4th Quarter 2020, to $514K of 4th Quarter 2023

Single-Family Homes

The average time spent on the market went up from 25 days in the 4th Quarter of 2020, to 33 days as of the 4th Quarter of 2023

Condos & Townhomes

The average time spent on the market went up from 35 days in the 4th Quarter of 2021, to 57 days as of the 4th Quarter of 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 112% in the 4th Quarter of 2020, to 1086% of the 4th Quarter of 2023

Condos & Townhomes

The overbid percentage has decreased from 1014% in the 4th Quarter of 2020, to 96.9% of the 4th Quarter of 2023.