2015 is not proving to be better for buyers than the end of 2014 was. Still low inventory is the norm and a high demand from starving buyers who will throw all of their money just to get the house no matter how much work it needs or if it is even reasonable. At the same time rents are at an all time high. A little 640 sqft condo in North Berkeley is renting for $3850/month whereas in San Francisco it reaches $5500 in Noe Valley apparently. (both figures have been reported by my clients).
Below I am including the latest market analysis for Berkeley CA. Surrounding communities are hot too and I am happy to send you a similar analysis for your city in the Bay Area. Just email me with your request.