RE/MAX Accord's Market Report

San Leandro, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



San Leandro, CA

Wed Dec 04 2024
This week the median list price for San Leandro, CA is $898,500 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 52. Click here to stay informed with the San Leandro market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Leandro, CA

Wed Dec 04 2024
This week the median list price for San Leandro, CA is $898,500 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 52. Click here to stay informed with the San Leandro market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Leandro market.
Median List Price $898,500
Median Price of New Listings $750,000
Per Square Foot $574
Average Days on Market 55
Median Days on Market 42
Price Decreased 33%
Price Increased 8%
Relisted 12%
Inventory 52
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,374,975 2,477 4,500 - 6,500 sqft 4 3 76 1 2 42
$915,000 1,703 4,500 - 6,500 sqft 3 2 71 2 1 35
$845,000 1,287 4,500 - 6,500 sqft 3 2 76 1 3 49
$650,000 880 4,500 - 6,500 sqft 2 1 83 3 3 42