Here are the updated graphs with the weekly MLS data for Dubin and Pleasanton, CA.

Look at the difference in these two markets! Dublin, CA continues to be one of the most improving markets in the area in so far as Days on Market and market action go. I believe the biggest factor is the huge inventory of new homes on the market in Dublin and the downward pressure on prices being exerted by new home builders.

Pleasanton, California is mostly built out. So, the market activity in Pleasanton reflects a more seasonal pattern.

Blue = Active Listings
Green = Pending Sales
Purple = Closed Transactions

These graphs help to give you an idea of real estate market trends in the local communities. We pull the data from the MLS every Friday.

The blue line represents Active Listings and the green line Pending Sales. The wider the gap, the more the average Days on Market (DOM) increases indicating more of a buyer's market. When the green line moves on top of the blue we have a very hot seller's market.

These graphs reflect the trends for all price points. Sellers should request a breakdown for different price points so they can see where the action is in their community. This helps to price the house right to sell quickly. 

We also offer a very detailed market report for most East Bay communities. The data in this report is gathered from sources other than the MLS to give you a more accurate sense of what is happening right now. Most reports you read in the newspapers or hear on TV use data that is at least a month old. The Market Details report shows you the trend as it's happening. 

Get a FREE Real Estate Market Report for YOUR Community - These reports are very detailed. Click on the preceding link for a more in-depth explanation of what is in the report and to view a sample. 

We are more than happy to discuss the details and significance of this data for those wanting a better understanding of how it can affect the sales process. Understanding the local real estate market trends is a must if you want to get the best fair deal whether buying or selling.

The Harper-Mees Team monitors over 50 Real Estate and News Feeds daily to bring you information pertinent to the San Ramon Valley & TriValley real estate market including the communities of Dublin and Pleasanton. We welcome suggestions.

Visit Our Real Estate Blogs:

Harper-Mees Team Blog

San Ramon / Danville Blog