Pleasanton, CA 94566, 94588 Attached Homes Market Reports, March 2012

Real Estate Agent with Coldwell Banker Residential Brokerage BRE#01732313

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.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
California Alameda County Pleasanton
Everything California
Posts to Localism
San Francisco Bay Area Real Estate
Market Reports
march 2012
94588 market reports
ca 04566

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

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?

Apr 23, 2012 12:20 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Karen Crowson

Your Agent for Change
Request current market trends for the Tri Valley
Spam prevention

Additional Information