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Market Snapshot

Median listing price
$1.84M

The median listing price in San Anselmo, CA ZIP 94960 is $1,845,000 as of June 2026.

Median rent
$2,545/mo

The median market rent in San Anselmo, CA ZIP 94960 is $2,545/month as of June 2026.

Days on market
300 days

The median days on market in San Anselmo, CA ZIP 94960 is 300 days as of June 2026. The market is currently neutral.

Gross rental yield
1.66%

At a median list price of $1,845,000 and a median rent of $2,545/month, the gross rental yield in San Anselmo, CA ZIP 94960 is 1.66% as of June 2026.

STR vs LTR
$2,990/mo STR · $2,545/mo LTR

In San Anselmo, CA ZIP 94960, median Airbnb revenue is $2,990/month compared to median long-term rent of $2,545/month as of June 2026.

San Anselmo, CA 94960 Real Estate Market Report

ZIP Code: 94960

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
118
Active Listings
11
Sold Properties
107

Market Metrics

Median Listing Price
$1,845,000
Median Sold Price
$1,513,000
Median Price per Sqft
$892/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,545

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.90%

Liquidity & Velocity

Median Days on Market
300
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in San Anselmo, CA are 6.6% compared to 5.7% for typical loans originated earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator, the $1,513,000 median sold price, anchors value assessment; the gap versus the $1,845,000 median listing price suggests pricing friction where seller expectations may outpace recent transaction levels.
  2. Liquidity appears muted: the 300 median days on market points to slower sales velocity and suggests that transactions are taking longer to close even as the broader market temperature reads neutral, which may give buyers incremental negotiating leverage.
  3. Price and rental context is mixed: the $892 median price per square foot remains high relative to many Bay Area submarkets while the $2,545 median market rent is rising and rent year-over-year is up, indicating strengthening rental demand that could support investor interest.
  4. Capital-cost headwinds are a notable constraint: interest rate pressure is elevated, and current mortgage conditions show 30-year fixed rates at 6.6% versus 5.7% earlier in 2026, which may limit buyer purchasing power and prolong the observed pricing adjustment — this elevated rate environment warrants cautious underwriting for acquisitions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

50 Mariposa Ave, San Anselmo, CA 94960
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths2,936 sqft
$4,433,000
May 1, 2026
$1,510/sqft/sqft
8 Greensburgh Ln, San Anselmo, CA 94960
Premium

Sold above market average

4 beds3 baths3,583 sqft
$3,935,000
May 1, 2026
$1,098/sqft/sqft
404 days on market
10 Deer Hollow Rd, San Anselmo, CA 94960
Premium

Sold above market average

4 beds3.5 baths2,880 sqft
$3,800,000
Mar 1, 2026
$1,319/sqft/sqft
1551 days on market
151 Oak Springs Dr, San Anselmo, CA 94960
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,742 sqft
$1,700,000
May 1, 2026
$976/sqft/sqft
21 Raven Rd, San Anselmo, CA 94960
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.5 baths1,964 sqft
$1,690,000
May 1, 2026
$860/sqft/sqft
254 days on market
5 Greenfield Ct, San Anselmo, CA 94960
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths2,225 sqft
$1,680,000
May 1, 2026
$755/sqft/sqft
388 days on market
191 The Alameda, San Anselmo, CA 94960
Value

Sold below market average

2 beds1.5 baths1,165 sqft
$605,000
May 1, 2026
$519/sqft/sqft
371 days on market
405 Scenic Ave, San Anselmo, CA 94960
Premium

Sold above market average

1 beds1 baths543 sqft
$585,000
May 1, 2026
$1,077/sqft/sqft
229 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$6,711/mo
94960 Avg Rent
94960 Cost to Own
Rent$2,545
Own$9,256

20% down, 6.53% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

94960 Avg nightly rate
94960 Avg occupancy (days/year)
Nightly rate$256/night
Occupancy175 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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