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WORKING DRAFT FOR HCD REVIEW <br />NEEDS ASSESSMENT 3-14 SAN LEANDRO HOUSING ELEMENT <br /> <br />As prices increased, the inventory of homes listed for sale decreased. In 2011, there were 2,324 homes <br />for sale in San Leandro. In 2012, that number dropped to 866 and in 2013 it was 502. Sales of existing <br />and new homes picked up as the market recovered, with 596 homes sold in 2010, 756 in 2011, and 892 in <br />2012. However, with diminished supply and rising prices, sales dropped slightly in 2013 to 663 homes.5 <br /> <br />A search of homes for sale on Zillow.com showed 101 active listings in San Leandro in August 2014. A <br />summary of the search results for San Leandro addresses is shown in Table 3-8.6 The listings included 78 <br />single family homes, 12 townhomes or condos, 8 duplex/triplex/fourplex type buildings, and 3 mobile <br />homes. The single family homes ranged from a 3-bedroom, 1-bath (1,081 square foot) house being <br />auctioned for $125,000 to a 5-bedroom, 2-bath (2,800 square foot) former farmhouse for $1,500,000. The <br />condos and townhomes ranged from to a 2-bedroom, 2-bath unit for $219,000 to a 3-bedroom, 2.5-bath <br />unit for $450,000. <br /> <br />The most affordable owner-occupied units in San Leandro are mobile homes. There were 3 available for <br />sale in August 2014, ranging from about $36,000 to $127,500. Mobile homes are an important affordable <br />housing resource in San Leandro, particularly for the city’s seniors. With 366 spaces, Mission Bay <br />Mobile Home Park is one of the largest manufactured home communities in the East Bay and provides <br />affordable housing for persons 55 and over. <br /> <br /> <br /> <br /> <br />Table 3-8: Summary of For-Sale Housing Prices in San Leandro, June 2014 <br /> <br /> Mobile Homes Individual Condos/ <br />Townhomes <br />Single Family <br />Detached <br />2-6 Plex Buildings <br />Number of Listings 3 12 78 8 <br />Lowest Price $36,000 $219,000 $125,000 $472,900 <br /> (2 unit) <br />Highest Price $127,500 $450,000 $1,500,000 <br /> <br />$825,000 <br /> (5 unit) <br />Median Price $37,500 $295,000 $464,000 $662,500 <br />Source: Zillow.com, 2014 <br /> <br /> <br />5 BayEast Realtors Association, 2014 <br />6 This is based on all properties with San Leandro addresses, and thus includes several properties in unincorporated <br />Ashland and Hillcrest Knolls (Alameda County) to the southeast of the City limits.