San Leandro, CA 94577 Real Estate Market Report

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.

Market Metrics

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

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

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The most reliable indicator of current market value is the median sold price of 796,466, which represents recent transaction activity and suggests where buyers are closing deals in this ZIP code; with a neutral market temperature, price-setting should prioritize comparable closed sales over listing optimism.
2. The median listing price of 818,500 exceeds the median sold price of 796,466, which may indicate pricing friction as seller expectations sit above recent transaction levels; agents should align list pricing with closed comps to avoid extended marketing periods and to capture the active demand that exists.
3. The market shows slow-to-moderate liquidity indicated by a median days on market of 291, which suggests slower sales velocity despite consistent buyer interest; sellers pursuing quicker closings should consider targeted pricing concessions or pre-marketing improvements to reduce time on market.
4. Rent-side signals are constructive for investors: median market rent of 2,275 is rising (rent year-over-year trend = up), while financing pressure is moderate (interest rate pressure = moderate) and local 30‑year rates are 6.53%, noted as 0.36% lower than last year's local average of 6.89%; this combination suggests steady rental demand and somewhat improved financing conditions for buy-to-rent strategies.

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.