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Interpretation for sellers and buyers
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For sellers of townhomes/condos: Given the smaller inventory of town-/condo type units and reasonably solid demand, you’re in a good position — but pricing must reflect the broader market softness. Highlight strong amenities, low HOA, transit access (San Leandro has good BART access) to stand out.
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For buyers: There are opportunities here. Fewer listings mean less “stacked” competition in certain segments; if you’re flexible and prepared (pre-approved, ready to move), you can capture value, especially if building condition and HOA are strong.
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For investors: Townhomes and condos in this price band (~$600K-$700K) might offer an interesting entry into the East Bay rental/ownership mix. Because overall home price growth is modest or flat, you’ll want to emphasize cash-flow, unit appeal, HOA health and proximity to transit/jobs.
