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Homes in Pleasanton

Pleasanton CA Homes for Sale | Pleasanton Market Update April 2016

04_2016 pl at a glance

Pleasanton CA Homes for Sale | Pleasanton Market Update April 2016

Pending sales in Pleasanton were steady from March, after two months of 40% or more increases.  That allowed inventory, which had been struggling to keep up, to surge in April.  Quality inventory (good location, properly priced) continued to see multiple offers and fly out the door.  Price indicators were more or less flat from March but showed strength and continued to be above those of a year ago.  The average sale took only 20 days in April, another indication that the market is hot.  The lower end (homes priced under $1 million) continued to be the hottest segment.

83 homes were actively listed at the end of April, up 43% from 58 at the end of March and one more than a year ago.  Pending sales fell by one unit in April to 70.  90 sales went to contract in April 2015.   Closed sales, following the jump in pending sales the prior two months, increased 13% in April, from 53 in March to 60 in April.  Inventory relative to pending sales increased form 0.8 months at the end of March to 1.2 months at the end of April.

On average, homes sold for 100% of their list price in April, unchanged from March but below April 2015’s102%.  April’s median sales price slipped4% from March’s $1,045,000 to $1,008,000.  That was still 6% higher than a year ago.  The price per square foot increased from $467 in March to $498 in April.  One year ago, homes sold for $461 per square foot.

The average sale in April was on the market for 20 days, compared to 22 days in March and 19 days a year ago.  20 days is generally considered to be a hot market.

The tables below provide further details on the current market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Pleasanton.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the Pleasanton market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the Pleasanton market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

 

Access all Pleasanton CA homes for sale here

04_2016 pl summary table

04_2016 pl price range table

 

Danville CA Real Estate Properties for Sale

Danville CA Homes for Sale | Danville Market Update April 2016

04_2016 da at a glance

Danville CA Homes for Sale | Danville Market Update April 2016

The inventory of available homes for sale continued to climb in Danville in April and is now higher than at any time since September.  Buyers seemed to pull back some in April, driving pending sales lower after two months of big increases in sales.  That being said, we are still seeing multiple offers on many quality homes that are priced appropriately.  The homes that did sell, sold quickly in April.  In addition, prices increased in April, so there doesn’t appear to be any fear that the market will slow, despite the small drop in pending sales.  On the contrary, I expect to see activity increase quite a bit in the coming months.

94 homes were actively listed at the end of April, up 47% from 67 at the end of March and 10% higher than April 2015’s 84 homes.  Pending sales dipped from 65 in March to 54 in April.  That was about two thirds of the pending sales a year ago.  A 1.7 month supply was available at the end of April, up from one month at the end of March and 1.1 months in April 2015.  Closed sales increased in April, following the increase in pending sales the prior months.  56 sales closed in April, compared to 49 in March and 75 a year ago.

The median sales price in April was $1,238,000, up 8% from %1,150,000 in March and 17% from $1,061,000 in April 2015.  Homes sold in April received 101% of their asking price, compared to 100% in March.  Those homes were on the market an average of only 13 days, versus 28 days in March and 20 days a year earlier.  April’s price per square foot was $494, up from $439 in March and $437 in April 2015.

The tables below provide further details on the current Danville CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Danville.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the Danville market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the Danville market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

Click here to see current Homes for Sale in Danville CA

 

04_2016 da summary table

04_2016 da price range table

Homes for Sale in San Ramon

San Ramon CA Homes for Sale | San Ramon Market Update April 2016

04_2016 sr at a glance

San Ramon CA Homes for Sale | San Ramon Market Update April 2016

The San Ramon real estate market was very hot in April.  Both sales and inventory rose even faster in April than they had in February and March.  Multiple offers were the norm for quality homes, especially those priced under $1 million, and those properties did not stay on the market for very long.  Pricing remained stable, showing the strength in the market.

Inventory rose 42% in April, from 60 at the end of March to 85 at the end of April.  60 properties were on the market one year ago.  Pending sales rose even faster at 48%.  90 sales went pending during April, compared to 61 in March and 90 in April 2015.  Supply relative to sales slipped below one month by the end of April at 0.9 months.  There was a one month supply at the end of March and 0.7 months a year earlier.

Closed sales also rose, following the rise in pending sales the past few months.  57 sales closed in April, up 27% from 45 at the end of March.  April’s closed sales were below the pace of a year ago, when there were 68.  April’s sales were on the market an average of 19 days, up from 14 in March and 18 a year ago but still below the benchmark of 20 days generally considered to indicate a hot market.

April’s median sales price was $1,030,000 just slightly below March’s $1,055,000 but well ahead of April 2015’s $944,000.  The price per square foot was $444 in April, up from $436 in March and $422 a year ago.  The average sale in April was for 102% of the list price, the same as in March, as well as a year ago.

The tables below provide further details on the current market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in San Ramon.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the San Ramon market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the San Ramon market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

 

Access all San Ramon CA homes for sale here

04_2016 sr summary table

04_2016 sr price range table

Dublin Real Estate

Dublin CA Homes for Sale | Dublin Market Update April 2016

04_2016 du at a glance

Dublin CA Homes for Sale | Dublin Market Update April 2016

Following March’s big increase in sales, sellers jumped into the market in April.  Inventory was up 39%, while pending sales were flat.  Even though sales did not increase, that did not mean there wasn’t a lot of demand for quality properties with the right price.  Multiple offers were still common on many properties and homes that did sell tended to do so quickly.  The average sale took 24 days in April and was for 103% of the list price.

50 properties were actively listed at the end of April, 14 more than at the end of March and 16 more than a year ago.  45 sales went to contract in April, unchanged from March and four more than in April 2015.  Closed sales, following the increase in pending sales in March, increased by seven in April to end the month with 40.  53 sales closed in April 2015.  There was a 1.1 month supply at the end of April, up from 0.8 months at the end of March.

April’s median sales price was $892,000, an 8% drop from $967,000 in March and 6% less than April 2015’s $950,000.  On the other hand, the price per square foot increased 8%, from $398 in March to $429 in April.  The sales price to list price ratio also increased, from 101% in March to 103% in April, which was the same ratio one year ago.  On average, homes were on the market 24 days in April, one more than in March and the same as in April 2015.

The tables below provide further details on the current Dublin CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Dublin.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the Dublin market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the Dublin market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

See all Homes for sale in Dublin CA

 

04_2016 du summary table

04_2016 du price range table

 

Alamo CA Homes

Alamo CA Homes for Sale | Alamo Market Update April 2016

04_2016 al at a glance

Alamo CA Homes for Sale | Alamo Market Update April 2016

The uncertainty that pervaded the Alamo real estate market over the winter seems to be gone, with buyers and sellers moving into the market strongly over the past few months.  The inventory of homes for sale jumped in March and buyers took advantage, driving pending sales up significantly in April.  Demand is very strong and we are seeing multiple offers on quality homes, which are not staying on the market for very long.  Prices have been on the rise as well.

The median sales price in April was $2.2 million, up from $1.8 million in March and 42% higher than April 2015’s $1.55 million.  The price per square foot also rose, from $472 in March to $515 in April.  One year ago, sellers were receiving $497 per square foot.  The average sale in April was for 100% of the list price, up from 98% in March but lower than April 2015’s 103%.  On average, April’s sales were on the market 12 days, compared to 39 days in March and 17 days a year ago.

25 sales went to contract in April, up sharply from 14 in March and 17 a year ago.  Inventory rose five units to end April with 50 homes for sale.  That was below the 62 homes for sale at the end of April 2015.  With sales rising faster than inventory, supply dropped form 3.2 months at the end of March to 2.0 months at the end of April.  Closed sales dropped in April, from 22 in March to nine.  We will see that number increase in coming months with the big increase in pending sales.

The tables below provide further details on the current Alamo CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Alamo.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the Alamo market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the Alamo market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

Click here to see current Homes for Sale in Alamo CA

 

04_2016 al summary table

04_2016 al price range table

Livermore Homes for Sale

Livermore CA Homes for Sale | Livermore Market Update April 2016

04_2016 lv at a glance

Livermore CA Homes for Sale | Livermore Market Update April 2016

Livermore continued to add inventory in April.  April followed March’s 33% increase in available homes for sale with its own increase of 33%.  The rate of increase in pending sales slowed, however, from 42% in March to 14% in April.  Demand was still strong, especially in the lower end and particularly for quality homes in prime locations and appropriately priced.  Multiple offers were common and the average sales took only 11 days.  20 days in considered a hot market.  Price indicators were nearly flat from March.

The median sales price in April was $695,000, 1% less than March’s $703,000 but 7% higher than April 2015’s $650,000.  The price per square foot increased 2%, from $417 in March to $424 in April.  That was 9% higher than a year ago.  ON average, homes sold for 102% of their list price in April, unchanged from March and 2percentage points higher than in April 2015.

133 homes were on the market at the end of April, 33 more than at the end of March and 44 more than a year earlier.  Pending sales were up 14%, from 92 in March to 105 in April.  117 sales went to contract a year ago.  The faster rise in inventory left a 1.3 month supply at the end of April, up from 1.1 months at the end of March and 0.8 months at the end of April 2015.

84 sales closed in April, eight more than in March but 19 less than a year ago.  The average closed sale took 11 days in April, compared to 14 days in March and 18 days in April 2015.

The tables below provide further details on the current Livermore CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Livermore.  Inventory remains low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for many properties, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  Prime properties are getting a great deal of attention and multiple offers.  The result is that they don’t stay on the market long.  Having a professional Realtor who understands the Livermore market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

 

Search for Livermore CA homes for sale

04_2016 lv summary table

04_2016 lv price range table

 

Real Estate in Ruby Hill Pleasanton

Ruby Hill Pleasanton Market Update April 2016

Ruby Hill Pleasanton Market Update April 2016

We have seen an increase in inventory in the Ruby Hill real estate market over the past month.  The number of homes for sale has nearly doubled, from seven a month ago to thirteen as of April 27.  On the other hand, fewer sales have closed.  20 sales closed during the past six months and an additional six are pending.  By comparison, 33 sales closed in each of the previous six month periods.

The 13 actively listed homes are priced at $2,529,594, on average.  That works out to $476 per square foot.  They have been on the market an average of 46 days, with only one home being listed for more than three months.

The six pending sales have been listed for 56 days, on average.  The average list price is $2,592,000 or $500 per square foot.

The following table shows the homes for sale and pending sale.

16_0427 ruby hill act-pend snapshot

The average sales price of the 20 closed sales was $2,222,425.  These homes were on the market for an average of 59 days and sold for about 87% of their asking price.  The price per square foot was $477.

The following table shows all closed sales in the past six months.

16_0427 ruby hill closed snapshot

 

See Active and Sold homes in Ruby Hill Pleasanton

A private gated community on the eastern flank of Pleasanton, this luxury golf course development features exceptional homes and estates surrounded by the rolling hills and vineyards of the Livermore Valley. There are semi-custom homes and over 500 custom homes within Ruby Hills. Many have golf course views. The homes feature some of the finest builders in Northern California, and boast a wide range of amenities and design elements. From Formal Italian to Country French to Craftsman, you will find every style and concept reflected in exquisite homes and estates.

 

 

Homes for Sale in San Ramon

San Ramon CA Homes for Sale | San Ramon Market Update March 2016

03_2016 sr at a glance

San Ramon CA Homes for Sale | San Ramon Market Update March 2016

The San Ramon real estate market continued to heat up in March.  Prices moved higher, as did inventory and sales.  Homes were on the market an average of only 14 days in March – 20 days is generally considered to constitute a hot market.  The low end of the market continues to have a shortage of inventory and very strong demand.

All price indicators moved higher in March.  The median sales price was $1,055,000, 9% higher than February’s $970,000 and 7% higher than a year ago.  The median sales price increased 2%, from $427 in February to $436 in March.  That compares to $402 in March 2015.  The average sale was for 102% of the list price in March, up from 101% in February but slightly lower than March 2015’s 103%.

Inventory increased 25% from February, while pending sales were up 28%.  60 properties were actively listed at the end of March, 12 more than at the end of February.  54 homes were on the market a year ago.  Pending sales increased form 46 in February to 59 in March.  That was still lower than the 68 sales that went to contract in March 2015.  There was a one month supply at the end of March, unchanged from February but higher than the 0.8 month supply available at the end of March 2015.

Closed sales increased from 35 in February to 44 in March.  As mentioned, it did not take long for homes to sell in March.  On average, homes were listed for 14 days in March, compared to 50 days in February and 17 days a year ago.

Sellers:  It is a great time to be selling a home in San Ramon.  Inventory is low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for some properties, having a highly competent agent who knows the San Ramon market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  While properties are staying on the market a bit longer, and there are fewer multiple offers, prime properties are still getting lots of attention and often see multiple offers.  Having a professional Realtor who understands the San Ramon market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

 

Search for San Ramon CA homes for sale

03_2016 sr summary table

03_2016 sr price range table

Danville Real Estate Properties for Sale

Danville CA Homes for Sale | Danville Market Update March 2016

03_2016 da at a glance

Danville CA Homes for Sale | Danville Market Update March 2016

Strong demand and more sellers drove both sales and inventory higher in Danville in March.  Pending sales were higher than in any month since June of 2015.  Prices also strengthened, with homes selling, on average, for 100% of their list price.  Inventory at the low end of the market is very slim, while demand for these homes is extremely high.

65 sales went to contract in March, a 44% increase from 45 in February.  March still fell short of March 2015’s 71 pending sales.  Inventory shot up 33%, from 48 at the end of February to 64 at the end of March. 63 properties were actively listed a year ago.  A one month supply was available at the end of March, down slightly from 1.1 months at the end of February but higher than March 2015’s 0.9 months.

Closed sales more than doubled, from 23 in February to 48 in March.  Those sales took an average of 28 days, compared to 29 days for February’s sales and 20 days for March 2015’s.

March’s median sales price was $1,159,000, a 5% increase from $1.1 million in February and a 2% increase from $1,140,000 in March 2015.  The average sale was for 100% of the list price in March, higher than February’s 98% and equal to the ratio of a year ago.  The price per square foot fell 7% in March, from $469 in February to $438 in March.  That was still higher than the price per square foot of a year earlier ($434).

The tables below provide further details on the current Danville CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Danville.  Inventory is low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for some properties, having a highly competent agent who knows the Danville market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  While properties are staying on the market a bit longer, and there are fewer multiple offers, prime properties are still getting lots of attention and often see multiple offers.  Having a professional Realtor who understands the Danville market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

 

Access all Danville CA homes for sale here

03_2016 da summary table

03_2016 da price range table

Dublin Real Estate

Dublin CA Homes for Sale | Dublin Market Update March 2016

03_2016 du at a glance

Dublin CA Homes for Sale | Dublin Market Update March 2016

There were more new buyers than sellers in the Dublin real estate market in March.  Pending sales increased 34% in March, the third straight monthly increase.  Inventory could not keep pace and was flat to February.  The hottest part of the market was for homes priced under $1 million, where there were only 13 properties actively listed at the end of March.  Prices were down slightly from February but homes still sold for more than the asking price, on average.

43 sales went to contract in March, up from 32 in February but still 17% below March 2015’s 52.  Inventory was flat at 36 homes, eight more than a year ago.  Supply relative to pending sales stood at 0.8 months at the end of March, compared to 1.1 months at the end of February and two weeks a year earlier.

The median sales price in March was $978,000, 2% lower than February’s $1 million but still 12% higher than March 2015’s $876,000.  The price per square foot was also off 2% from February at $397.  The average sales in March closed for 101% of the list price; up slightly form 100% in February.  Closed sales increased from 17 in February to 32 in March.  Those homes were on the market an average of 23 days, down from 30 days in February.

The tables below provide further details on the current Dublin CA market compared to prior periods, as well as a look at different market segments.

Sellers:  It is a great time to be selling a home in Dublin.  Inventory is very low and there is strong demand from buyers, especially for prime properties in excellent condition that are priced right.  Proper marketing and staging will be important to getting the most for your home.  While multiple offers are still occurring for some properties, having a highly competent agent who knows the Dublin market will be critical to your success

Buyers:  Being prepared to act quickly will be the key to getting the home you are looking for.  While properties are staying on the market a bit longer, and there are fewer multiple offers, prime properties are still getting lots of attention and often see multiple offers.  Having a professional Realtor who understands the Dublin market and your own strengths as a buyer will put you in a strong position to secure the home you really want.

Click here to see current Homes for Sale in Dublin CA

 

03_2016 du summary table

03_2016 du price range table