Is San Leandro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
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
$830,666
$609/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in San Leandro was $830,666 in May 2024, up 0.7% from last year, and the median price per square foot was $609.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362K | $358K | -1.1% |
2 Bedrooms | $630K | $700K | +11.1% |
3 Bedrooms | $828K | $850K | +2.7% |
4 Bedrooms | $960K | $1.0M | +4.2% |
5+ Bedrooms | $1.1M | $1.1M | +2.3% |
Summary: San Leandro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in San Leandro, CA
How many homes are available in San Leandro, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
144 | 169 | +17.4% |
Summary: The San Leandro real estate market had 169 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 44 | 53 | +20.5% |
3 Bedrooms | 67 | 79 | +17.9% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The San Leandro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 57 | +29.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in San Leandro in May 2024, up by 29.5% month-over-month. Of the 50 sold homes, 26% were sold under asking, 8% were sold at asking, and 66% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 20 Days | -12.7% |
Summary: Homes in San Leandro had an average of 20 days on market in May 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 57 homes were sold in San Leandro; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.