$10,000 Closing Credit*
$899,950
1,610 SqFt
3 Beds
•2 Full Baths
Robert Pace, Listing Office: Intero Real Estate Services
Is Downtown San Leandro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Downtown San Leandro has remained a Seller's Market.
Key Takeaway
Downtown San Leandro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Downtown San Leandro, CA
How much do homes in Downtown San Leandro, CA cost?
Median Sold Price
$704,500
$513/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$23,000(-3.2%)
Key Takeaway
Homes in Downtown San Leandro have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Downtown San Leandro was $704,500 in October 2024, down 3.2% from last year, and the median price per square foot was $513.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362K | $346.5K | -4.3% |
| 2 Bedrooms | $622.5K | $545K | -12.4% |
| 3 Bedrooms | $790K | $817.5K | +3.5% |
| 4 Bedrooms | $899.5K | $1.0M | +14.5% |
| 5+ Bedrooms | $1.1M | $1.0M | -6.4% |
Summary: Downtown San Leandro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Esudillo Estates | $1.1M | $1.2M | +5.7% |
| Downtown San Leandro | $727.5K | $704.5K | -3.2% |
| North Area | $880K | $838K | -4.8% |
Housing Supply in Downtown San Leandro, CA
How many homes are available in Downtown San Leandro, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Downtown San Leandro real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Downtown San Leandro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown San Leandro, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Downtown San Leandro in October 2024, up by 133.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Downtown San Leandro, CA
How long does it take to sell a home in Downtown San Leandro, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 53 Days | +181.2% |
Summary: Homes in Downtown San Leandro had an average of 53 days on market in Oct 2024, up by 181.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Downtown San Leandro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Downtown San Leandro; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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