Is San Leandro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, San Leandro has remained a Seller's Market.
Housing Prices in San Leandro, CA
How much do homes in San Leandro, CA cost?
Median Sold Price
$824,400
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in San Leandro was $824,400 in November 2023, down 6.2% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $365.5K | $360K | -1.5% |
2 Bedrooms | $670K | $683K | +1.9% |
3 Bedrooms | $900K | $838K | -6.9% |
4 Bedrooms | $1.1M | $960K | -13.4% |
5+ Bedrooms | $1.1M | $1.1M | -3.1% |
Summary: San Leandro housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in San Leandro, CA
How many homes are available in San Leandro, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
109 | 103 | -5.5% |
Summary: The San Leandro real estate market had 103 homes for sale in November 2023, a 5.5% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 34 | 39 | +14.7% |
3 Bedrooms | 48 | 40 | -16.7% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The San Leandro housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
35 | 32 | -8.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in San Leandro in November 2023, down by 8.6% month-over-month. Of the 29 sold homes, 21% were sold under asking, 7% were sold at asking, and 72% were sold over asking.
Days on Market for San Leandro, CA
How long does it take to sell a home in San Leandro, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
27 Days | 15 Days | -41.7% |
Summary: Homes in San Leandro had an average of 15 days on market in Nov 2023, down by 41.7% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2023, 32 homes were sold in San Leandro; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.