November 2011 Pleasanton Hills Pleasanton Market Update - 12/31/11 01:29 AM
Only 2 closed sales occurred all year in the neighborhood of Pleasanton Hills in Pleasanton, a very low level considering that 8 closed sales occurred last year. 1 additional pending sales but there are 0 properties in the active list.
The sales pending is on Monaco Drive. It is listed at $918,800 and has been on the market for 15 days. The list price is equivalent to $308 per square foot. The property is in distress (REO or short sale)
The table below includes all sales that occurred since last year’s September. During that duration, 5 properties closed. They sold for … (0 comments)

December 2011 Mohr Park Estates & Charter Oaks Pleasanton Market Update - 12/30/11 12:27 AM
7 months ago, 5 new listings had recently arrived in the market in the neighborhood of Mohr Park Estates / Charter Oaks in Pleasanton. 4 of those closed in the last 6 months and the 5th was taken out of the market. That resulted to 6 sales closed this year, in comparison to 7 of last year. There is 1 property in the active list and 0 sales pending for this neighborhood.
The 1 property on the active list is located at Kamp Court and is listed at $346 per square foot or $1,165,000. It has been present on the market … (0 comments)

November 2011 Alamo Market Update – Sales Pending Volatile - 12/29/11 06:36 AM
It has been an interesting 2 months in Alamo, with sales pending of detached single family homes dropping to their lowest number in October and then going back up in November. Inventory persisted with a downward manner that began in the month of July.
In general, sales pending dropped in October to 7, from September’s 16, and the increased again in November at 17. October’s sales had a 56% drop from September and 143% increase in November from October’s. Inventory dropped from September’s 95 to 70 at October’s end and 57 at November’s end, a total of 33% drop during the … (0 comments)

November 2011 Dublin Market Update – The Market Just Got Very Tight - 12/28/11 12:10 AM
After some months of up & down sales and increasing inventory, the real estate market of Dublin saw sales pending of detached single family homes increase during November, while inventory dropped 42%. Inventory decreasing at this time of the year is not unforeseen but the total amount of decrease is significant. It is also unexpected to see sales pending rise for the 2nd continuous month in November.
Sales pending went up by 5 units in the month of November, to 39 during November from 34 in October, a total of 15% increase. This is the 2nd biggest level of sales pending … (0 comments)

November 2011 San Ramon Market Update – Sales Strong - 12/27/11 06:33 AM
Sales pending of detached single family homes in San Ramon continue to be strong in November, while inventory dropped. That was the case across the real estate market, although the decline in sales pending was entirely in the homes listed below $1,000,000.
In general, there were 60 sales pending during the month of November, a decrease of 14% from 70 in the month of October. By comparison, there were just 54 sales pending in November of the previous year and 39 during November of 2009. Inventory continued to drop sharply, from 151 units by the end of October to November’s 119, … (0 comments)

November 2011 Pleasanton Market Update – Sales Remain Strong - 12/23/11 04:06 AM
Sales pending of detached single family homes in Pleasanton have surprisingly remained very good in November, although inventory dropped sharply. With the holiday season approaching, maybe prospective sellers have decided to wait until the New Year. Buyers, on the other hand, were out & active. Sales were usually flat from the month of October across price segments and inventory dropped across the board.
In general, inventory dropped for the 4th continuous month, to 125 at the end of November from 173 at the end of October, a total of 28% drop.  Sales pending continued to be strong at 51 units, only … (0 comments)

November 2011 Danville Home Sales - 12/22/11 01:49 AM
There were 20 sales closed of detached single family homes in Danville during the month of November, a drop from October’s 36. That is the smallest sales closed here since the month of January. The average sales price rose from $725,000 in October to $842,500. October’s average price was unusually low. The average price per square foot declined to $295 in November from $307 in October. That is the smallest price per square foot since the month of February. 5 of the closed sales in November or 25% were properties that sold over $1,000,000.
The closed sales in November were present … (0 comments)

November 2011 San Ramon Home Sales - 12/21/11 06:08 AM
Sales closed of detached single family homes declined for the 3rd straight month in San Ramon but not as much as the previous months. There were 35 sales closed in November, a drop from October’s 37. There were 34 closed sales in November of last year. The average sales price dropped from $710,000 in October to November’s $676,000. That is the smallest average sales price in San Ramon in 2 years, at the least. The average price per square foot rose from $298 in October to $301.
The closed sales in November have been on the market for 61 days, an … (0 comments)

November 2011 Dublin Home Sales - 12/20/11 01:05 AM
Sales closed of Dublin detached single family homes rose by 8 units in November, from 20 in October to 32.  The average sales price declined in November to $507,500 from $560,500 in October. That is the 2nd lowest average sales price for this year in Dublin, higher only of April’s $500,000. The average price per square foot rose from $255 in October to $269 in November.
Closed sales in November have been in the market for 31 days, lesser by 24 days to closed sales homes in November. The median price as a percentage of the list price rose from October’s … (0 comments)

November 2011 Pleasanton Home Sales - 12/16/11 11:25 PM
Sales closed of detached single family homes in Pleasanton dropped by 1 to 39 in November. The average sales price declined to $645,000 in November from $647,500 in October. That is the smallest average sales price for a month in 2 years, at least. In the previous month, the low end homes led the scale of average sales price downward. That wasn’t really the case for this month. 21% of closed sales in November were more than $1,000,000. The median for the year is 22%. The average price per square foot also dropped, to $235 in November from $337 in October.
… (0 comments)

November 2011 Four Oaks, The Oaks, and Henry Ranch San Ramon Market Update - 12/16/11 12:24 AM
It was a moderately quiet 6 months in the neighborhood of Four Oaks, Henry Ranch, and The Oaks in San Ramon. The neighborhood only had 3 sales in the last 6 months, in comparison to 7 on the last 6 month period. There are only 2 pending sales and 1 property in the active list in the neighborhood.
Henry Lane is the only property in the active list and is listed at $284 per square foot or $949,000. It has been available on the market for 56 days & is REO.
The 2 sales pending are priced at $240 per square … (0 comments)

November 2011 Bettencourt Ranch Danville Market Update - 12/14/11 10:30 PM
The neighborhood of Bettencourt Ranch in Danville had a hectic 6 months. 6 months ago, there were signs that the neighborhood’s activity was likely slowing down. But that concern didn’t last long as sales went up and new listings arrived on the market. The neighborhood had 5 active listings, a drop from 9 6 months ago. 8 closed sales occurred in the last 6 months and 1 home in pending sales.
The 5 properties in the active list had a median asking price of $281 per square foot or $988,158. These properties have been on the list for about 127 days. None … (0 comments)

November 2011 Tassajara Ranch Danville Market Update - 12/14/11 01:05 AM
The neighborhood of Tassajara Ranch in Danville improved significantly in the last 6 months. 7 closed sales occurred in that time period and an additional 5 pending sales. 6 months ago, there was 1 sale pending and only 3 sales closed in the last 6 months. There is 1 property in the active list.
The 1 property in the active list is situated at Mountain Ridge Drive and is listed at $311 per square foot or $815,000. It has been on the market for 153 days. It is neither REO nor short sale.
The 5 sales pending are listed for a … (0 comments)

November 2011 Deer Ridge & Vista San Ramon Market Update - 12/13/11 01:00 AM
The neighborhood of Deer Ridge and Vista San Ramon of San Ramon’s real estate market has had its ups and downs in the last 2 years. It was quite active in the past year through the middle of November, then went almost totally inactive until this year’s June, when activity picked up a bit. The neighborhood had 3 active listings and 1 sales pending. 6 closed sales occurred in the last 6 months, in comparison to 0 during the last 6 month duration. There were 14 sales closed all throughout 2010.
The median asking price of the 3 active listings is … (0 comments)

November 2011 Twin Creeks San Ramon Market Update - 12/09/11 09:03 PM
The neighborhood of Twin Creeks in San Ramon was as hectic in the last 6 months as it has been for the last several years. 7 homes are in the active list and 10 are in sales pending. 24 closed sales occurred in the last 6 months, in comparison to 25 of the last 6 month duration.
The 7 properties in the active list have a median asking price of $300 per square foot or $620,231. They have been on the market for about 91 days. The only property in short sale is the one on Twin Creeks Drive.
 The median … (0 comments)

October 2011 Pleasanton Market Update – Quite on The Home Front - 12/09/11 01:18 AM
The real estate market of Pleasanton had a pretty calm activity in October, with sales pending of detached single family homes almost flat and inventory decreasing a bit; quite usual for October. It is intriguing to note that sales pending in $1,000,000 to $2,000,000 range leaped during the month, with corresponding declines in other market segments.
In general, inventory dropped by 16 properties, to 173 by the end of October from 189 in September or a total of 8.5% decrease. That is the 3rd consecutive monthly decrease in inventory, not unusual for this time of the year. The sales pending have … (0 comments)

October 2011 Danville Market Update – Sales Rising - 12/08/11 12:16 AM
For the last 2 months, the real estate market of Danville made a big difference. At August’s end, sales pending of high end (more than $1,000,000) detached single family homes were declining quickly, while the lower end homes inventory & sales stay almost flat for several months. In the last 2 months (particularly in October), sales pending jumped in both market segments and inventory has dropped. I must admit, I didn’t predict this occurring at this time of the year.
In general, sales pending increased by 4% in September & 26% in October, to 51 in September from 49 in August … (0 comments)

October 2011 San Ramon Market Update – Sales Jump - 12/07/11 12:00 AM
The real estate market of San Ramon showed weakness in the last 2 months before it coming back strong in October with a huge increase in sales pending and consequently a dip in inventory. Sales were healthy across the market but mainly so for homes listed under $1,000,000.
Generally, sales pending for detached single family homes leaped to 62% in October, from September’s 50 to 81 in October, a total of 31 sales increase. This was off a number in September that, although a bit down for this year, was not significantly low. Inventory dropped by 21% in October, after having … (0 comments)

October 2011 Dublin Market Update – Holding Pattern - 12/05/11 09:52 PM
The real estate market of Dublin had increased in both sales pending and inventory during October, still with its fluctuations that has been going on in the last several months. The fluctuations aren’t much and isn’t something to be worried about, just a bit interesting for now.
Sales pending in October increased by 5 units or 17%, just after having a decrease of 7 units in September. There were a total of 34 sales pending of detached single family homes in October, in comparison to September’s 29. Inventory increased for the 2nd continuous month from September’s 68 homes to 73 or … (0 comments)

November 2011 Pleasanton Heights Pleasanton Market Update - 12/02/11 10:27 PM
With 5 sales closed during the last 6 months, activity in the neighborhood of Pleasanton Heights in Pleasanton slightly slowed down. This is compared to the 10 sales closed during the previous 6 month period. An additional 6 pending sales and 2 active listings occurred in this neighborhood.
The 2 active listings are both situated in Kottinger Drive and priced at $404 per square foot or approximately $536,500. They have been available on the market for 63 and 73 days. One of the properties is a short sale.
The 6 sales pending were listed at a median price of $389 per … (0 comments)

November 2011 Bonde Ranch Pleasanton Market Update - 12/02/11 12:01 AM
The neighborhood of Bonde Ranch of Pleasanton had a quiet year. With only 2 sales closed so far. It only has 1 property in the active list and 0 on sales pending, there isn’t much to expect of sales this year. This is compared to the 5 sales closed that occurred in this neighborhood in 2010.
The only property in the active list is situated on Roselma Place. It is listed at $350 per square foot or $1,399,999 and has been present on the market for 154 days. It is not REO or short sale.
The 4 closed sales in the … (0 comments)