Special offer

January 2012 Avignon, Chateau Estates, Bordeaux Estates Pleasanton Market Update

By
Real Estate Agent with COMPASS BRE# 00843458

That last 6 months (likely the whole year) in the neighborhood of Avignon, Chateau Estates and Bordeaux Estates in Pleasanton had been quiet. Only 1 closed sale occurred in that duration, with 1 more pending sales. No properties are in the active list. There were a total of 3 sales closed during 2011, in comparison to 6 during 2010.

The 1 sale pending is located in Vineyard Terrace and is listed at $312 per square foot or $1,399,000. It has been on the list for 499 days and is not distressed (short sale or REO).

The median sales price of the 3 closed sales during 2011 was $305 per square foot or $1,374,000. The homes were on the market for about 78 days and were sold at 98% of its asking price. The only short sale is 1311 Montrose Place. When this is compared to the previous year’s activity, 2010 had a median sales price of $312 per square foot or $1,322,417 and sold for approximately 48 days at 95% of the homes’ asking price.

Avignon, Chateau Estates and Bordeaux Estates are situated past Ruby Hill off of East Pleasanton’s Vineyard Ave. Their neighborhood offers luxury homes on spacious lots. Avignon is one of the 1st “Green” subdivisions in the area. Each house has solar tiles constructed into the roof that provides the homes electricity. With spectacular setting of rolling, oak studded hills & vineyards, and huge, well arranged homes, these neighborhoods are famous with tasteful home buyers searching for luxury homes.

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!

Comments(0)