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.
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.
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.