Pleasanton, CA Attached Homes Median Sold Price, March 2012

Inspection of the actual sales data would help us understand this graph better. Median price just means that of all the units sold in a given month, where was the middle?  Some of the properties which fall into the attached categories don't qualify for FHA, or their HOA's may not meet lender's guidelines where reservers, rental/vs. owned ratios and HOA dues arrearages are concerned. When that occurs, cash offers may be the only option, depressing prices. While this graph looks drastic, keep in mind the price drop is $10,000.

Pleasanton, CA Average Days On Market Report, March 2012

As a buyer, think you have a lot of time to make a decision?  This graph would indicate otherwise. On average, properties go pending in 3 weeks. Take into account those that require an appointment to see, and you'll conclude that homes in good condition and well priced sell at a much faster rate.

Pleasanton, CA Attached Homes Supply & Demand Market Report, March 2012

Pleasanton's supply in the attached inventory market notched up slightly, and considering the demand, that is most undoubtedly a good thing. That's just a 7 unit change though, so it may not have much of a ripple affect. According to this chart, sales were down while inventory is up.

Pleasanton, CA Attached Homes Month's Supply Inventory Market Report, March 2012

When you compare the supply of March last year with the supply of March this year, and factor in last March's demand, then we are running a bit less than one month's supply. And that's far from a normal market supply.

Karen Crowson on Zillow

Tri Valley real estate for buyers and sellers. Search for homes in Livermore, Pleasanton, and Dublin.

I can also help you in the surrounding areas of Alameda County and Contra Costa County

including Castro Valley, San Leandro, San Lorenzo, San Ramon, Danville, Brentwood and Mountain House

Facebook Icon     Linked In Icon      Blog Icon     Twitter Icon

 

 

 


 
This post has been included in California Real Estate News Alameda County, CA Real Estate News Pleasanton, CA Real Estate News
Post is included in group: San Francisco Bay Area Real Estate
Post is included in group: Market Reports
Post is included in group: Everything California
Post is included in group: Posts to Localism
Post is included in group: 2013MarketReports

1 Comments on Pleasanton, CA 94566, 94588 Attached Homes Market Reports, March 2012

APR
23
2012
985,900 Points 106 Featured Posts Localism Sponsor Outside Blog

Maybe I'm just missing something but how can one chart show 55 homes for sale in March and less than 15 sold while the next chart shows only one month of inventory for March?
7:20am • #1

Login or register to leave a comment
 
Headshot_2011_corrected Ambassador_large

Karen Crowson, ABR, SRES, Livermore, CA

Livermore, CA

More about me…

Alain Pinel Realtors, Pleasanton, CA

Address: 900 Main St., Pleasanton, CA, 94566

Office Phone: (925) 583-1138

Cell Phone: (925) 784-6208

Email Me

Real estate market and local information for the Tri Valley communities of Livermore, Pleasanton, and Dublin, CA. Search for homes for sale, things to see and do, what it's like to live here.


Listings

Links

Archives

RSS 2.0 Feed for this blog