Perhaps best known as the home of the world-renowned University of California at Berkeley campus, the eclectic city of Berkeley has plenty to recommend it besides this excellent university. More than 110,000 residents enjoy a high standard of living in proximity to hundreds of outstanding restaurants and shops, beautiful neighborhoods and parks, and a sophisticated art community.
Berkeley is located 15 miles northeast of San Francisco and is just a short drive away from Oakland and other metropolitan areas. Public transportation is excellent. While the BART railway system allows for a convenient commute to any of the surrounding cities, Berkeley also boasts an excellent bus system and an extensive network of bike trails.
The city’s ideal weather, diverse culture, colorful history and strong business community continue to draw new residents. Berkeley hosts several annual events that allow locals to display their pride in their unique and colorful hometown. Educational and cultural facilities abound, from museums and art galleries to public gardens and nature centers. One of the city’s finest features is its diverse and extensive network of parks. More than 50 parks and recreational areas can be found throughout Berkeley, housing a wide range of facilities. The city is also home to a marina that opens onto the San Francisco Bay. From a world-famous university to fabulous shopping opportunities, from unique cultural events to a successful business community-the lively and dynamic city of Berkeley has something for everyone.
The real estate market for Berkeley, CA is as diverse as the city itself. Single-family homes in Berkeley range in price from the $260,000s to $850,000 and more and can be found in styles ranging from bungalow to Mediterranean. Several properties in Berkeley offer amenities such as acreage and views of the city or local parks. Some multi-million dollar estate properties featuring large lots can be found in neighborhoods such as Upper Claremont. High- and low-rise condominiums and townhouses can be found in developments such as Upper Elmwood and range in price from $150,000 to approximately $600,000.
Berkeley Real Estate Stats and Trends for the week of May 7th, 2012: homes priced around $501,333 compared to $503,600 the previous week, for a slight decrease of less than -1%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Berkeley CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Berkeley to help you find the best home!