Berkeley News

Last 30 Days in the East Bay for July 2018

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Job growth is driving the demand for housing while hikes in mortgage Interest rates, increasing down payment requirements and tightening mortgage qualifications are challenging the consistently increasing market activity and rise in home pricing over the last 6 months. In some East Bay neighborhoods there is a slowing in new and active homes to market, median pricing and list to sale price, signifying a market shift and the first downtick since the beginning of 2018.  

STATS: July and (Change since June)

BERKELEY

SOLD  73 (+11)
New 35 (-18)
Active 57 (-20)
Median Days on Market 22 (+7)

MEDIAN PRICE
SOLD $1,220,000 (-$105,000)
New $998,000 (-$52,500)
Active $1,150,000 (-$45,000)
Sale to List Price 115% (-4%)

Patty: Berkeley stats are a good benchmark for East Bay market activity. 9 more homes SOLD in July, with decreases in new (-18) and active (-20) listings to market. Homes are staying on market for +7 days, at approx. 3 weeks. List to sale price has decreased by 4%. Make a home purchase in Berkeley while inventory is available.  

ALAMEDA

SOLD 39 (No Change)
New 14 (-13)
Active 22 (-6)
Median Days on Market 25 +(13)

MEDIAN PRICE
SOLD $1,100,000 (+$225,000)
New    $958,000 (-$43,000)
Active $958,000 (-$33,500)
Sale to list price 114% (+2%)

Patty: Alameda inventory has slowed for the second month in a row with approx 50% less new listings to market. Median SOLD pricing has increased while median offer pricing of new and active listings has decreased. Buyer demand continues, with final sale prices creeping up to 14% over ask.

EMERYVILLE

SOLD 13
New 10
Active 17
Median Days on Market 17

MEDIAN PRICE
SOLD $685,000
New     $624,000
Active  $599,978
Sale to list price 111%

Patty: Alameda inventory has slowed since last month, with about 30% less active listings though the same amount of homes have sold since last month showing steady buyer demand, with final sale prices moving up by a small margin. Expect to offer up to 12% over ask to compete.

PIEDMONT

SOLD  7 (-6)
New 4  (No Change)
Active 6  (-1)
Median Days on Market 16 (-2)

MEDIAN PRICE
SOLD $2,500,000 (+$485,000)
New $2,096,000 (+$20,000)
Active $2,495,000 (-$177,000)

Patty: July shows a slower market as will happen during the summer months with sale pricing and homes coming to market at a lower median price than the previous month. The market remains consistent in Piedmont with buyer demand for new and active listings. Expect a start point for homes here to be near and above the $2m mark. 

Next Level East Bay Real Estate Representation! 
PATTY ROGERS | The GRUBB Co. | Broker Associate, Lic #00669968  

#marketsurvey #marketreport #dreamhome #homes #eastbayrealestate #realestate #homesales #homesforsale #luxurylife #eastbayrealtor #homeseller #listingagent #homebuyer #buyeragent #eastbaylife #realtorlife #sanfranciscoeastbay #berkeley #oakland  #piedmont #emeryville
#modicumofcharm #pattyrogers #thegrubbcompany #noBS


East Bay Real Estate Market Report

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#EastBay #HomeSales are robust!

Interest rates have risen with 2 more expected rate hikes expected this year. Inventory has loosened, with more active homes on market and homes selling within 1-2 weeks on market. The time to buy and sell is now!

STATS:

BERKELEY (ALL) 
SOLD 64
New 53
Active 77
Median Days on Market 15

MEDIAN PRICE
SOLD $1,325,000
New $1,050,500
Active $1,195,000
Sale to List Price 119%

Patty: Berkeley is a jamming market. 11 more homes sold than last month with inventory increasing steadily since March. Final Sale prices have declined by 1-2% since March and median pricing has increased by a small margin. Expect to add up to 20% to your offer to compete in this busy market. 

LOWER ROCKRIDGE (OAKLAND)
SOLD 4
New 4
Active 5
Median Days on Market 16

MEDIAN PRICE
SOLD $1,989,170
New $1,147,500
Active $1,195,000
Sale to List Price 118%

Patty: The charming craftsman homes and condos here make for a popular buyer destination. A slower moving market with only a couple of more sales and few more new and active listings than the previous month. Homes sell in the Low to High $1m range and move within a week of coming to market. Final sale prices are competitive. 

PIEDMONT
SOLD 13
New 4
Active 6
Median Days on Market 18

MEDIAN PRICE
SOLD $2,015,000
New $2,076,000
Active $2,672,000

Patty: Home pricing has risen with 13 homes sold and not much inventory on or coming to market. Expect a start point for homes here to be near and above the $2m mark. So little inventory signals competition for available homes and high buyer demand.

ALAMEDA
SOLD 39
New 27
Active 28
Median Days on Market 12

MEDIAN PRICE
SOLD $875,000
New    $995,000
Active $991,500
Sale to list price 112%

Patty: Alameda inventory has slowed since last month, with about 30% less active listings though same amount of homes have sold since last month showing steady buyer demand, with final sale prices creeping up by a small margin. Expect to increase offer your price of up to 12% over ask to compete.

Next Level East Bay Real Estate Representation! 

PATTY ROGERS | The Grubb Co. | Broker Associate, BRE#00669968 

#realestate #agent #sellyourhome #buyer #dreamhome #buyahome #homebuyertips #1sttimehomebuyer #forsale #homeforsale #housesales #househunting #smartagents #home #realestatelife #mortgage #listings
#eastbayrealestate #pattyrogers #brokerassociate #eastbayrealtor #realtorlife #sanfranciscoeastbay #modicumofcharm #igotyourback #thegrubbcompany #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS


Things to Do This Weekend in the East Bay

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3 GREAT FREE Things to Do in the #EastBay this weekend!! #eastbaylife

2018 Sunday Streets Berkeley

SUN June 3 | 11 am to 4 pm
Shattuck Ave from Rose to Channing, Berkeley
FREE
Check out the Cornerfest Music Festival, Berkeley World Music Fest, Vine Street Block Party and Spats Retro Dance Party, plus a Pet Parade, Arts & Crafts, Street Food and Dance Performances
@sundaystreetsberkeley
http://www.sundaystreetsberkeley.org/

52nd Annual Sand Castle & Sand Sculpture Contest

SAT June 2 | 9 am to 1 pm
9-11 am: Registration, Noon: Judging begins
1 pm: Awards Ceremony
Robert Crown Memorial State Beach Park, Otis & Westline Drive, Alameda
FREE
Bring your shovels and participate or bring the family and just watch!
@oaklandparks
https://www.alamedaca.gov/recreation-uncategorized/events/5564

Oakland Carnival @mosswoodpark

SAT June 2 | NOON - 7PM
Mosswood Park 3612 Webster St., Oakland
FREE
Celebrating Caribbean, South, Central and North American Carnival Culture
Live music, dance performances, kid zone, african marketplace and international food village
#oaklandcarnival2018
https://www.oaklandcarnival.com/

Next Level East Bay Real Estate Representation! 
PATTY ROGERS | The GRUBB Co. | Broker Associate, Lic #00669968  

#sundastreetsberkeley #oaklandcarnival2018 #sandcastles #realtorlife #oaklandparksandrec #outdoorfestival #eastbaythingstodo #family
#localrealestate #lifestyle #homesales #berkeley #oakland #alameda
#pattyrogers #realestatebroker #brokerassociate #thegrubbco #eastbayrealestate #sanfranciscoeastbay #modicumofcharm #homesforsaleinoakland  #homesforsaleinberkeley #listagent #homeseller #buyeragent #homebuyer #dreamhome #igotyourback  #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS


Last 30 Days in the East Bay - Home Survey

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The East Bay is Hot right now!!

Happy to report that Inventory has loosened up with competitive bidding still the norm. Median prices slowly rise with homes selling within 2 weeks of coming to market.

STATS:

BERKELEY (ALL) 

SOLD 51
New 52
Active 60
Median Days on Market 13

MEDIAN PRICE

SOLD $1,280,000
New $1,112,500
Active $1,272,000
Sale to List Price 120%

Patty: One of the most active East Bay markets with increasing inventory, a steady sales rate and home pricing leveling off with competitive bidding to up to 20% over ask.

UPPER ROCKRIDGE (OAKLAND)

SOLD 6
New 3
Active 2
Median Days on Market 16

MEDIAN PRICE

SOLD $1,462,500
New $1,695,000
Active $1,695,000
Sale to List Price 118%

Patty: Sales increased in early spring with few current listings on market and a consistent upper $1m price point with buyers willing to overbid by up to 18% for a home in the Oakland Hills. 

PIEDMONT

SOLD 11
New 9
Active 15
Median Days on Market 12

MEDIAN PRICE

SOLD $2,050,000
New $1,895,000
Active $1,850,000

Patty: Expect home pricing from $2M-$4M for the large homes and estates in Piedmont. Finally, homes are coming to market with brisk sales keeping pace with new inventory.

ALAMEDA

SOLD 38
New 39
Active 46
Median Days on Market 11

MEDIAN PRICE

SOLD $895,000
New    $885,000
Active $891,000
Sale to list price 110%

Patty: Wow! Alameda is hot with inventory nearly doubling in the last 30 days and flying off market, while median price has risen  slightly. Expect to cushion your offer by 10% to compete. More inventory may soften final sales pricing - though strike while inventory is plentiful.

Next Level East Bay Real Estate! 

PATTY ROGERS | Rogers & Thacker Group | The Grubb Company | Broker Associate, BRE#00669968 

#eastbayrealestate #homesforsale #luxurylife #pattyrogers #brokerassociate #eastbayrealtor #eastbaybroker #eastbaylife #realtorlife #sanfranciscoeastbay #modicumofcharm #homesforsaleinoakland #homesforsaleinberkeley #igotyourback #thegrubbcompany #aroundtheblock #40yearsinrealestate #hiphomes #NoBS


The Last 30 Days in the East Bay

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A brisk market with rising final sale prices. Buyer demand for homes is strong in 50 neighborhoods of Oakland, Berkley and Alameda. Remain flexible, and leaving room for competitive offers is key.

Here are the stats. For more CONNECT! > https://pattyrogershomes.com

BERKELEY (ALL) 

SOLD 44 (+16) 
New 39 (+9) 
Active 46 (+5)
Median Days on Market 12 (-2) 

MEDIAN PRICE

SOLD $1,300,000 (+$182,500)
New $1,158,000 (+$13,000)
Active $1,222,500 (+$27,500)
Sale to List Price 122% (+5%)

Patty: Sale to List Price rose 5% over last month as more sales were made, yet still limited inventory under $1.2m means bidding remains competitive nudging up final sale pricing across the board. 

NORTH BERKELEY HILLS 

SOLD 11 (+5) 
Active 14 (+6)
Median Days on Market 7 (-4)

MEDIAN PRICE

SOLD $1,285,000 (+$267,000)
New $1,379,00
Active $1,741,500
Sale to List Price 121% (+6%)

Patty: The $1.2m - $1.7m price point is the most active with homes flying off the market within 7 days. Competitive bidding is making final sale prices rise, 6% in the last 30 days. Think of purchasing in higher $$$ areas off-season or be prepared to compete.

EMERYVILLE | OAKLAND

SOLD 9
New 10
Active 11
Median Days on Market 11

MEDIAN PRICE

SOLD $659,100
New $599,000
Active $599,000

Patty: Last 30 days showed lower price points than current market offerings. Emeryville offers mostly condos; as one of the most affordable, entry level housing areas in Oakland and is great locale for commuters. Find 2 bed/1 & 2 bath condos under $1m.

ALAMEDA ISLAND

SOLD 27
New 12
Active 21
Median Days on Market 23

MEDIAN PRICE

SOLD $925,000
New    $824,000
Active $849,000
Sale to list price 112%

Patty: Lots of inventory in Alameda, with approx. 3 weeks to compete for homes under $1m, many requiring upgrades or overhauls, depending upon age and improvements. At final sales price 12% over asking, make effective offers to call Alameda your home. 

Next Level East Bay Real Estate Representation! 
PATTY ROGERS | The Grubb Co. | Broker Associate, BRE#00669968 

#marketupdate #homepricing #eastbayrealestate #luxurylife #pattyrogers #brokerassociate #eastbayrealtor #eastbaybroker #eastbaylife #realtorlife #sanfranciscoeastbay #modicumofcharm #homesforsaleinoakland #homesforsaleinberkeley #igotyourback #thegrubbcorealtors #thegrubbco #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS


Free in Berkeley this Weekend!

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Very cool  thing to do this weekend in #Berkeley for FREE! 

11-5pm | Saturday April 14th | Rain or Shine

Check out the Bouquet Market | A Curated Seasonal Vintage Flea + Maker’s Market in support of local artisans, small brands and vintage purveyors curated by @Wallflowersf

FEATURING:

  • Bouquet Market for fresh blooms, apothecary lotions, soaps and more
  • Vintage 1920’s-1990’s apparel, and handmade clothing plus caps, tees, bags
  • Furniture, large scale, re-furbishers, mid-century, vintage and home decor accessories, candles, wall hangings
  • Jewelry of all eras and designs, from fashion to costume to statement jewelry. 

North end of Berkeley’s Fourth Street Shopping District
1717 Fourth Street | Berkeley, CA | 94710
In the open area between Rejuvenation & Z Gallerie

Park in UC Berkeley lot at corner of Fourth Street + Virginia

MORE > https://www.bouquetmarketplace.com  On FB @bouquetmarket |  On Instagram @bouquet_market

Browse, Buy and Dine on Fourth Street while you're there! 

Next Level East Bay Real Estate Representation! 
PATTY ROGERS | The Grubb Co. | Broker Associate, BRE#00669968 

#bouquet_market #vintageclothing #vintagefurniture #flowermarket #handmade #designerclothing #localbrands #shoplocal #thingstodoinberkeley #fourthstreetberkeley #eastbayrealestate #pattyrogers #brokerassociate #eastbayrealtor #eastbaybroker #eastbaylife #realtorlife #sanfranciscoeastbay #modicumofcharm #homesforsaleinoakland #homesforsaleinberkeley #igotyourback #thegrubbcorealtors #thegrubbco #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS


Berkeley Sunday Brunch Tour!

Bonus to living in the East Bay? The dining scene.

Check out this very cool Berkeley Sunday Brunch walking tour through Edible Excursions in collaboration with the Downtown Berkeley Association. 

Resident guides offer behind-the-scenes access to local chef’s and restauranteurs in the vibrant Downtown Berkeley food scene. 

Get your brunch on from chicory coffee and beignets to avocado toast, breakfast pizza, crepes, mimosas and specialty cocktails. Learn about the area history and discover new fab dining while visiting 6 notable restaurants.
Angelines Kitchen
Babette Cafe
Revival Bar & Kitchen
Gather Restaurant
Maison Bleue Cafe
Gio's Pizza and Bocce

Join the regular tour, customize it, or make it private with your own group. 

Sunday from 11am-2pm  
There is a great DISCOUNT through 5/31/18. Check Edible Excursions website for pricing and to book.

Next Level East Bay Real Estate Representation! 
PATTY ROGERS | The GRUBB Co. | Broker Associate, Lic #00669968  

#eastbaydining #berkeleydining #eastbaybrunch #berkeleytours #walkingtourberkeley #localeats #localrealestate #homesales #berkeley #oakland #alameda #pattyrogers #realestatebroker #brokerassociate #thegrubbco #eastbayrealestate #sanfranciscoeastbay #modicumofcharm #igotyourback  #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS


East Bay is Blooming in Spring Flowers. Here is Where.

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No really! Just stop and smell the roses! It's just a good idea! Here's where to take in the spring blooms in the East Bay.

Morcom Rose Garden - The Amphitheater of Roses

700 Jean St., Oakland

Not too far from Lake Merrit is the East Bay's oldest and largest public 7 acre rose garden. Accredited by the American Rose Society it is among the country's Top 10!! Bonus: Don't miss the multi colored blooms, reflecting pool and 10-tiered waterfall. >More

Berkeley Rose Garden 

1200 Euclid Ave., Berkley, CA

With over 3000 rose bushes and 250+ varieties of roses, check out the 3.6 acre garden and terraced amphitheater located in a canyon just 2 mi. from UC Berkeley campus. Bonus: Fab views of the Bay and Golden Gate Bridges. >More

Tilden Regional Park - Regional Parks Botanical Garden

Wildcat Canyon Road at S. Park Drive, Berkeley, CA

After visiting the Rose Garden head over to the 10 acre botanical garden in the Berkley Hills. Beginning in march the native California flowers are on display. See each type of California landscape represents the diversity of native plants by region. Bonus: Don't miss their spring plant sale. >More

UC Botanical Garden at Berkley

200 Centennial Drive, Berkeley, CA

With more than 13,000 plants UC Berkeley are known for their diverse collection covering regions of the world. Check out The Orchid, Fern and Carnivorous Plant House. Bonus: It's Free.

Mt. Diablo State Park  

96 Mitchell Canyon Rd., Clayton, CA

The wildflowers are in full bloom in April, well worth the entrance through the North or South Gates.  Bonus: Head to the 1848ft. summit for 360 degree bay views and an historic visitors center. >More

Next Level East Bay Real Estate Representation!

PATTY ROGERS | The Grubb Company | Broker Associate Lic # 00669968

#UCbotanicalgarden #morcomrosegarden #tildenregionalpark #mtdiablostatepark #oakland #clayton #berkeleyrosegarden #regionalparksbotanicalgarden #nativeplants #wildcatcanyonroad #berkeley #homesforsaleintheeastbay #eastbayhomesforsale #eastbaylife #oaklandlife #pattyrogers


Right Now! Berkeley Dance, Music Theater #eastbaylife

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Check out Berkeley's upcoming entertainment!!

Nothing like a night out catching the hottest entertainment in the East Bay at local venues. Live entertainment is my favorite and is always a game changer! 

3 Must Do's:

Ragtime: A Musical of America’s Melting Pot
Berkeley Playhouse
2460 College Ave Berkeley CA
Performances 2/16-3/18

Revel in the “new music” of Ragtime in turn-of-the-20th-century New York, in a sweeping epic following 3 diverse character groups whose fates become intertwined while they meet the likes of Harry Houdini and Henry Ford in an rousing American story and Tony Award winning musical, vibrant with song and dance. 
Tickets berkeleyplayhouse.org @berkeleyplayhouse #berkeleyplayhouse Photo Courtesy Admiral Theater

Alvin Ailey American Dance Theater:
Cal Performances at Zellerbach Hall
UC Berkeley Campus-Bancroft Way and Telegraph Ave
Berkeley CA
Performances 4/10-4/15

The Guardian raved, "The current Ailey dancers inhabit Revelations as if it were freshly made, and perform it with irresistible élan…”
Tickets calalperformances.org @cal_performances #calperformances #zellerbachhall #alvinaileyamericandancetheater Photo credit calperformances.org 

Boston Pops: Lights, Camera…Music! Six Decades of John Williams
Hearst Greek Theatre at
UC Berkeley  Campus- Dana Street
Performance - Saturday 4/21

Celebrating 22-time Grammy Winner John Williams, listen to film scores from Star Wars, Jaws, E.T., Indiana Jones and Harry Potter films by “America’s Orchestra” in an intimate setting with spectacular views. Rain or Shine!
Tickets calperformances.org @cal_performances #calperformances #hearstgreektheater #greektheater 

Next Level East Bay Real Estate Representation!
PATTY ROGERS | The Grubb Co. Realtors | Broker Associate BRE#00669968

Photo credits courtesy calperformances.org

#artlover #danceperformance💃  #musicaltheater #berkeleyarts #alvinailey #ragtime #bostonpops #eastbaylife #eastbayarts #pattyrogers #brokerassociate #thegrubbco #eastbayrealestate #sanfranciscoeastbay #modicumofcharm #homesforsaleinberkeley #igotyourback #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes 


Last 30 Days in East Bay Real Estate - Stats

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Overall the East Bay continues with a brisk real estate market, improving inventory and buyers poised to leap in the 50 neighborhoods of Oakland, Berkley and Alameda. Here are the stats for 4 neighborhoods. Connect with me for more neighborhood info.

BERKELEY

  • SOLD 15
  • New 27
  • Active 40
  • Median Days on Market 11

MEDIAN PRICE

  • SOLD $1,375,000
  • Active $1,077,500
  • Sale to List Price 113%

Patty: A brisker market in Berkeley allows buyers to choose from more, yet still limited inventory while keeping room in the budget for a winning bid.

NORTH BERKELEY HILLS

  • SOLD 3
  • New 4
  • Active 7
  • Median Days on Market 11

MEDIAN PRICE

  • SOLD $1,375,000
  • Active $1,249,888
  • Sale to List Price 109%

Patty: Homes for under $1.5M are available, with a short viewing period and buyers ready to offer and compete in the market place. Inventory is slowly picking up.

ALAMEDA

  • SOLD 31
  • New 20
  • Active 27
  • Median Days on Market 11

MEDIAN PRICE

  • SOLD $780,000
  • New $764,500
  • Active $839,000
  • Sale to List Price 108%

Patty: With a fairly brisk market in Alameda, homes are available under $1m. Buyers are well prepared to offer competitively, with an eye on homes with added value potential.  

PIEDMONT

  • SOLD 4
  • New 2
  • Active 2

Median Days on Market 3

  • MEDIAN PRICE
  • SOLD $2,575,000
  • Active $1,773,500

Patty: Currently on market, only two 3 and 4 bedroom homes available for under $2m. Piedmont home purchases are at a premium with buyers poised to leap. Bring your best first.

Next Level East Bay Real Estate Representation! Patty Rogers, The Grubb Co., Broker Associate, BRE#00669968  Doing business by your referrals.

#buyingahome #thescoop! #eastbaymarketreport #januaryeastbay #eastbayneighborhoods #eastbaylocal #eastbayrealestatemarket #pattyrogers #brokerassociate #eastbayrealestate #sanfranciscoeastbay #modicumofcharm #homesforsaleinoakland #homesforsaleinberkeley #igotyourback #thegrubbco #grubbco #aroundtheblock #40yearsinrealestate #realestatecloser #hiphomes #NoBS