San Anselmo, CA 94960 Real Estate Market Report

ZIP Code: 94960
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in San Anselmo as of April 2026 reflects a median sold price of $1,595,000, indicating a competitive environment despite some fluctuations in pricing trends. Notably, the market has shown an upward price trend, suggesting resilience in home values, even as some areas may experience buyer negotiation opportunities. The neighborhood has increased up since 2023, reinforcing the notion of a market that is adjusting rather than declining.

Transaction activity appears moderate, with 323 median days on market, indicating a slower sales velocity and potentially reflecting elevated inventory levels relative to sales activity. The median listing price stands at $2,749,000, which creates a significant pricing gap that may present challenges for sellers in achieving their expectations. Overall, the market temperature is currently assessed as neutral, suggesting a balanced environment where neither buyers nor sellers hold a definitive advantage.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Anselmo are averaging 6.57% as of March 2026, which is 0.8% higher than the 2025 average of 5.77%.

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

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Key Findings

1. The median sold price of $1,595,000 indicates a competitive market with potential for negotiation opportunities.

2. With 323 median days on market, the market is experiencing slower sales velocity, suggesting a need for strategic pricing.

3. The median listing price of $2,749,000 creates a notable gap compared to the sold price, indicating potential pricing friction for sellers.

4. Rental demand remains strong, with a median market rent of $3,912, reflecting an increasing trend in rental prices year-over-year.

5. Current interest rate pressure is elevated, with mortgage rates averaging 6.57%, which may impact buyer affordability.

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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.