2014 has been a great year for the Pleasant Hill real estate market. And with recent 2015 projections coming out for the U.S. real estate market, 2015 will likely be even better. Freddie Mac’s economic outlook for 2015 calls for 3 percent growth in the U.S. economy, which means good news for Bay Area housing. Home value appreciation is expected to drop slightly which is a positive for buyers and sellers. Home values have appreciated so much throughout the last year so many homeowners are all in all in a good place. This also means buyers will be more active. As … (0 comments)
pleasant hill community events: Pleasant Hill Real Estate Update - October
- 10/13/14 03:16 PM
The U.S. real estate market is on the incline and beginning to fully recover from the mess we were in beginning in 2008. And like many Bay Area cities, Pleasant Hill is recovering faster than the nation. The median sale price increased slightly, by 7% year over year from $637,500 to $685,000. The number of properties sold is down 11% year over year which is likely due to the increase in home values. And the number of new properties that came onto the market, that number was down by 29% year over year. Again, this is due to the imbalance … (0 comments)
pleasant hill community events: Pleasant Hill Real Estate Update - June
- 06/04/14 12:33 PM
Pleasant Hill’s real estate market hasn’t seen many highs or lows throughout the last year. As far as the median sale price, year over year we have seen a 2% increase, from $580,000 last May to $590,000 in May 2014. This differs from many Bay Area cities. Similarly, the number of properties sold in Pleasant Hill has remained steady, with a 0% increase/decrease over the last year. The lack of increases on all levels isn’t necessarily a bad thing, Pleasant Hill is simply remaining very consistent. A varying stat coming out of Pleasant Hill is the number of new listings … (0 comments)
pleasant hill community events: Pleasant Hill Real Estate Update - May
- 05/12/14 03:14 AM
The Pleasant Hill median sale price has remained very consistent throughout the past year, with $602,157 in April 2013 compared to $648,000 in April 2014, an increase of 8%. There have been no major increases or decreases in 2014 so far. Comparatively the number of properties sold has fluctuated quite a bit. In April of last year the number was 36, compared to 24 in April 2014, a decrease of 33%. There has been a steady decline but things are starting to pick back up. Year over year the number of new properties coming on the market is up 18% … (0 comments)
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