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January 2012 Mission Park Pleasanton Market Update

By
Real Estate Agent with COMPASS BRE# 00843458

With 3 sales in the last 6 months, the neighborhood of Mission Park of Pleasanton had the same activity it has had for the past several years of 3 to 4 sales of detached single family homes in every 6 months. There are 2 properties in the active list and 0 sales pending in the neighborhood.

The 2 properties in the active list have a median asking price of $315 per square foot or $725,000. 1 of the properties has been on the market for approximately 4 months and the other for about 4. None of the homes are short sale or REO.

6 properties closed in 2011 at a median price of $330 per square foot or $592,750. The properties were on the market for about 40 days and sold for nearly 98% of their asking price. 404 Mission Drive, 432 Mission Drive and 5482 San Juan Way were all short sales.

The neighborhood of Mission Park is situated in South of Pleasanton, off Sunol Boulevard. Majority of its homes are ranch style with many of it is back to a hillside. There also some custom houses in the neighborhood. Mission Park is located conveniently with easy access to ACE Train and I-680. Mission Park is one of the well-known parks in Pleasanton and is situated within the neighborhood. The neighborhood is also close to downtown Pleasanton and schools.

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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