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March 2012 Ponderosa & County Fair Pleasanton Market Update

By
Real Estate Agent with COMPASS BRE# 00843458

The activity in the neighborhood of Ponderosa and County Fair in Pleasanton slowed drastically. 4 closed sales in the last 6 months. That is almost 1 quarter of the sales closed in the last 6 month duration or 15 and 1/3 of the sales from the same 6 month duration in the previous year or 12. 1 additional home is in sales pending and 2 properties in the active listing.

The 2 homes in the active list have a median price $884,000 or $315 per square foot. They have been present on the market for about 45 days. None of the homes were in distress (REO or short sale).

The only 1 property in sales pending is on Paseo Robles and has a price of $370 per square foot or $735,000. It has been present on the market for 15 days and is not in distress.

The median sales price of the 4 sales closed was $306 per square foot or $774,222. These homes have been on the list for about 52 days and sold for almost 99% of their asking price. All 4 homes were not in distress.

In general, the neighborhood of Ponderosa and County Fair continues to be very attractive, particularly with its desirable floor plans, great location, numerous parks, and convenient commute access, this is definitely a neighborhood you can’t miss.

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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