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Vintage Hills Condos & Town Homes Few & Far Between- Pleasanton

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Real Estate Agent with Luxury Property Agent, Home Sales, Relocation Lic. 01414989

Vintage Hills Condos & Town HomesVintage Hills condos & townhomes are few and far between. I recently listed a 2-bedroom townhouse in the Vintage Hills area of Pleasanton, CA. Within 36 hrs on the market, we had 2 offers and many buyers rushing to view the home. What does all of this mean?

Take a look at the chart below. Not only are we in need of inventory in Vintage Hills for condos & town homes, as a whole, our inventory, when being compared to months of inventory during this time in 2011 versus our current status, months of inventory are down 71%.  Not only are people looking for Vintage Hills condos & town homes in Pleasanton, CA, buyers are waiting in the wings for luxury properties as well.

Months of Inventory

On a recent outing with my client searching in the $1.5m - $2.0m range, we came across 2 properties within 2weeks of each other. One, listed for $1.7m in Pleasanton's beautiful Golden Eagle Estates had multiple offers with the winning bid paying quite a bit over asking and all cash! And this was just the first weekend on the market.

Within 10-days of finding that property, we went to Pleasanton's gated golf course community of Ruby Hill. Within the first 48-hrs on the market, we came across a lovely home priced at approximately $1.6m. While vieiwng the home with my client, we learned that a full price all cash offer had been submitted with the potential buyers wanting to close within a matter of days!

Have you thought about selling? I can provide you with a free market analysis of your property. All you need to do is ask!

Pleasanton properties as a whole including Vintage Hills condos, town homes & detached properties, equity sales and short sales are short in supply. Demand is here now. Let's connect!

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The Person Behind The Blog...

Rhonda Fee, Broker, ABR, CHS
Lic. 0414989
www.Rhondafee.com
925-200-0827 Call or Text

 

 

 

Digital Digital
Alachua, FL
full service

Hi Rhonda,

That's great news for the local market in Pleasanton, California.

All the best for the rest of 2012!

Sep 19, 2012 02:56 PM
Rhonda Fee - REALTOR®
Luxury Property Agent, Home Sales, Relocation - Pleasanton, CA
Professional, Knowledgeable, Trustworthy

Hi Wandanna - Low inventory doesn't feel so great! We need home to sell. Hope things are better in your market.

Sep 19, 2012 03:40 PM