Berkeley, CA

Population: 118,853
Average annual home appreciation rate: 24.55%
Total of homes for sale in this market: 20
Median home price: $980,906
Median Rent: $1,687 per room
Home price range: 31.62% of homes are between $702,001 – $1,053,000
Median sales price: $937,000
Number of homes: 95
Median foreclosure sales price: $780,000
Foreclosure discount: 17%
Most common home type: 43.07% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.09%
Number of renters: 62.96%
Number of owner occupied: 38.04%
Number people living below poverty level: 18.74%
Unemployment rate: 3.70%
Is this area perfect for real estate deals going on right now? Data shows, this makes Berkeley is a highly appreciating community both in CA and in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

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