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San Leandro Real Estate Update - October

By
Real Estate Agent with Keller Williams

San Leandro

The U.S. market is nearly fully recovered and San Leandro is among many Bay Area cities that is recovering quicker than the nation.  Median sale prices continue to rise which has been the case for nearly the entire year. Every month there are small increases. Year over year the median sale price has increased by 8%, from $412,000 to $444,000. The number of properties sold is down year over year by 15% which is likely due to the lower inventory levels. Additionally, for sale properties are down year over year by 6%. Overall, September was a good month for the SanLeandro real estate market and has been pretty solid throughout the past year. 2015 is right around the corner so let’s see how the next three months fare.

 

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