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December 2010 Market Update in The Gates Pleasanton

By
Real Estate Agent with COMPASS BRE# 00843458

Activity spiked up during the past six months in The Gates, one of the neighborhoods in Pleasanton. There were 4 closed home sales compared to only one during the previous six month period.

One home has been actively listed for 9 days in The Gates, selling for $815,000, which is $388 per square foot.

The four closed sales had a median price of $692,238, which comes up to $417 per square foot. The 4 homes sold for almost 97% of the original asking price and stayed on the market for 22 days average. One of the homes stayed for 35 days on the market, which is the longest among four closed sales.

Here is a list of home sales in The Gates for December 2010

 

Just off Santa Rita Road, The Gates is located in the heart of Pleasanton. Three neighborhoods make up The Gates, which was built by William Lyon Homes, Woodhill Development, and Signature Properties. The neighborhood got its name from its streets which all had the word “gate” in them such as “Sutter Gate” and “Larimie Gate.”

 

To search for Pleasanton, Dublin, San Ramon, and Danville area real estate, visit www.680Homes.com You will find extensive school, community, and neighborhood information. You can also search by neighborhood and by school boundary!

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