Melanie Tan
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through May 2023 · Part of the Berkeley housing market
ZIP 94720 offers real opportunities for buyers right now:
Based on just 2 sales in May 2023. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Read this as a rough snapshot; a single transaction can move these numbers noticeably. Updated weekly.
Data through May 2023
See how prices, monthly costs, and mortgage rates have moved in 94720, Berkeley.
Data for ZIP 94720 specifically is limited. Only 2 sales in the most recent month is not enough to read neighborhood-level conditions, and one unusual transaction can dominate the reported numbers. Zooming out to the broader Berkeley market: berkeley is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.
ZIP 94720's 2 recent sales were at a median of $960K. That is roughly 38% below Berkeley's city-wide median of $1.55M. With only a small sample, it is hard to draw firm neighborhood-level conclusions. This could reflect a specific property or an unusual transaction rather than a broader trend. For context, the Bay Area median is $1.88M.
Using the 2 recent sales (median $960K) as a rough anchor, your estimated total monthly cost with 20% down at 6.53% would be approximately $6,053:
The actual number for any specific property depends on sale price, HOA if applicable, and lender.
→“Mel did an amazing job helping us buy our first home. When we first met her, we had done literally zero of the steps needed to buy a house, and 28 days later we closed.”
“I work in commercial real estate with many different agents and I can proudly say that Mel is above the rest.”
“Working with Mel was the best decision I made in my home-buying journey. She was incredibly patient, taking the time to explain every detail of the process to me.”
“Mel did an incredible job helping me find and purchase my first home! She was very responsive, professional, and knowledgeable.”
“Working with Mel was a fantastic experience from start to finish. We were immediately impressed by her active listening and her ability to translate our needs.”
I read every message and usually reply the same day.
