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Livermore CA Real Estate

Livermore CA Homes for Sale | Livermore Market Update May 2017

Livermore CA Homes for Sale | Livermore Market Update May 2017

  • Market goes hot
  • Most pending sales since 2005
  • Inventory down 25%
  • Homes on market for only 15 days
  • Selling for 100% of list, on average

Livermore Real Estate Market Update May 2017

After taking a brief respite in April, the Livermore real estate market heated right back up again in May.  Pending sales jumped nearly a third and were at their highest level in over a decade.  Inventory could not keep up and fell 25%.  On average, homes sold for their asking price in only 15 days.  Homes priced under $1 million saw the most action, selling for 102% of list.  There was less than a two week supply of these properties at the end of May.

124 sales went to contract in May, up 31% from April and the most since 2005.  Closed sales jumped 47%.  Not enough sellers came to market in May to keep up with the demand, causing inventory to fall 25%, from 92 at the end of April to 69 at the end of May.  That was 48% lower (67 units) than a year ago.  As a result, there was only a 0.6 month supply at the end of May, compared to 1.0 month at the end of April and 1.2 months at the end of May 2016.

Homes were on the market for an average of only 15 days in May, one less than in April and three less than in May 2016

The median sales price in May was $810,000, up 8% from $649,000 in April and 12% from $725,000 a year ago.  The average sale in May was for 100% of the list price, down slightly from 101% in April.  The price per square foot increased 7% in May, from $408 in April to $437 in May.  One year earlier, the price per square foot was $406.

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 is very low and demand is strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market has been fairly balanced, especially compared to the previous few years but inventory is low and multiple offers much more common than in the past year.  Prime properties, in particular, are getting a great deal of attention and multiple offers.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

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Livermore CA Homes for Sale | Livermore Market Update April 2017

Livermore CA Homes for Sale | Livermore Market Update April 2017

  • Market cools some
  • Inventory jumps 53%
  • Pending sales flat from March
  • Only 16 days on market

Livermore CA Real Estate Market Update April 2017

The Livermore real estate market cooled somewhat in April from a very hot March.  The market is still very active and demand is strong.  Homes were listed for an average of only 16 days in April (20 days is generally considered to be a hot market).  In addition, the average sale was for 101% of the asking price.  We did get some relief on the inventory side, with many new homes coming on the market.  53% more homes were available for sale at the end of April than March.

April’s median sales price was $760,000, down slightly from $755,000 in March but 10% higher than April 2016’s $690,000.  The price per square foot slipped from $417 in March to $409 in April and $423 a year ago.  The average sale in April was for 101% of the list price, down from 103% in March and 102% in April 2016.  Homes sold in April were listed for an average of 16 days, up slightly form 15 days in March and 13 days a year ago.

92 homes were actively listed at the end of April, 32 more than at the end of March but 41 less than was available a year ago.  Pending sales were flat at 93.  That was 11% fewer than went to contract a year earlier.  Even with the jump in inventory, there was only a 1.0 month supply at the end of April, up from 0.6 months at the end of March.

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 is low and demand remains strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market is fairly balanced, especially compared to the previous few years.  Prime properties are still getting a great deal of attention and even multiple offers on occasion.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

Click here to see current Homes for Sale in Livermore CA

 

Homes in Livermore CA

Homes for Sale in Livermore CA

Homes for Sale in Livermore CA

SOLD! 2425 French Oak Pl Livermore, CA 94550

Fabulous single story French Country style luxury home in premium South Livermore location featuring 5 Bedrooms and 3 full baths. Elegant and inviting, this gorgeous home is bathed in sunlight with soaring volume ceilings and transom windows. Elegant formal living and dining room, state-of-the art granite kitchen with huge breakfast bar and professional stainless appliances is awesome for preparing gourmet meals. The spacious family room has a cozy fireplace and views of the rear yard, a welcoming place to relax and watch TV and enjoy the fire. The luxurious master suite features an inviting bath large soaking tub, separate shower, and walk-in shower.. your personal retreat after a long day. The large secondary bedrooms are spacious, including the front bedroom/office with built-in desks and cabinets ideal for working from home. The inside laundry and separate guest suite round out this fabulous home’s interior, and creates an open floor plan designed for modern living.
The oversized cul-de-sac lot features a gorgeous covered slate patio, which is ideal for relaxing with family and friends and enjoying the view of the oak studded open space behind you. And the 3 car garage and paved side access is functional for all of your parking needs. And you can save thousands on your electric bill thanks to the solar PV system (owned). This beautiful home is located at the gateway to the Livermore wine country, and is convenient to freeways, parks and schools. Welcome Home!


SOLD! 2425 French Oak Pl Livermore, CA 94550
Overview
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Description
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$1,250,000
Single Family Home
Main Features
4 Bedrooms
3 Full Bathrooms
1 Unit
Lot: 0.29 acre(s)
Year Built: 1999
MLS #: 40727179
Location
2425 French Oak Pl
Livermore, CA 94550
USA

Doug BuenzDoug Buenz

Venture | Sotheby’s International Realty
(925) 621-0680
[email protected]
http://www.680homes.com

       

Listed by: Doug Buenz

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Livermore CA Homes

Livermore CA Homes for Sale | Livermore Market Update March 2017

Livermore CA Homes for Sale | Livermore Market Update March 2017

  • Market is hot
  • Pending sales up 40%
  • Only a two week supply
  • Homes on market only 16 days
  • Prices rise

Livermore Real Estate Market Update March 2017

Livermore had one of the hottest real estate markets in the area in March.  Demand was very strong and there was a great deal of activity.  Even though inventory increased 13% from February, pending sales increased significantly more (40%).  The result was that there was just over a two week supply of homes for sale at the end of March.   The median sales price increased 9% and, on average, homes sold for 102% of the list price.

Inventory increased from 53 homes at the end of February o60 at the end of March.  That was still only 60% of the available homes for sale a year ago.  Pending sales jumped 40% in March, from 67 in February to 94, the same number as in March 2016.  Closed sales increased 67%.

The strong demand meant brisk sales, as homes that sold in March did so in an average of only 16 days, compared to 29 days in February and 31 days a year ago.  Prices increased along with the demand.  The median sales price in March was $755,000, 9% higher than February’s $692 and equal to the price a year ago.  Sales closed for an average of 102% of the list price in March, compared to 99% in February and 100% in March 2016.  The price per square foot was little changed at $416.

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 is low and demand remains strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market is fairly balanced, especially compared to the previous few years.  Prime properties are still getting a great deal of attention and even multiple offers on occasion.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

 

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Homes for Sale in Livermore CA

Livermore CA Homes for Sale

Livermore CA Homes for Sale | Livermore Market Update February 2017

Livermore CA Homes for Sale | Market Update February 2017

  • Pending sales up 52%
  • Inventory still very low
  • Low end in very high demand

Livermore Real Estate Market Update February 2017

Pending sales had been on the decline here since June but got a big bounce in February, increasing 52% from January.  Inventory creeped higher but not nearly enough to keep up with demand, especially in the low end (homes priced under $1 million).  There was less than a month of inventory in that price range at the end of February and during the month, homes in that segment sold for 102% of their list price in only 20 days, on average.  Nearly 80% of sales were of homes priced under $1 million, while about half the inventory was in that segment.

70 sales went to contract during February, up from 46 in January and 66 a year ago.  Inventory increased by only four units, ending February with 53 properties actively listed.  That was still 29% fewer homes than were available for sale a year ago.  A 0.8 month supply was on the market at the end of February, down from 1.1 months at the end of January.

February’s median sales price was $692,000, down from $731,000 in both January 2017 and February 2016.  The price per square foot increased from $407 in January to $414 in February.  That compares to $4040 a year ago.  The average sale in February closed in 29 days for 99% of the asking price.  Those are both Improvements from January’s 36 days and 98%.

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 is low and demand remains strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market is fairly balanced, especially compared to the previous few years.  Prime properties are still getting a great deal of attention and even multiple offers on occasion.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

 

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Livermore CA Homes for Sale | Livermore Market Update August 2016

Livermore CA Homes for Sale | Livermore Market Update August 2016

  • Market more balanced
  • Inventory falls for first time since December
  • Pending sales rebound
  • Prices lower
  • Days on market continues to rise

Livermore CA Real Estate Market Update August 2016

Although the market is more balanced and less hectic than it has been the past few years, August showed demand remains strong.  Inventory fell after climbing all year and pending sales rebounded some from a sharp drop in July.  Price indicators fell from July’s numbers but the median sales price remained higher than it was a year ago.  The length of times homes are listed continued to climb for the fourth straight month.

After dropping 27% in July, pending sales bounced back in August with a 12% increase, from 86 in July to 96 in August.  109 sales went pending in August 2015.  Inventory, after rising all year, fell 14% in August.  That is more likely a seasonal trend than anything else.  139 properties were actively listed at the end of August, compared to 162 at the end of July and 129 at the end of August 2015.  A 1.4 month supply was on the market at the end of August, down from 1.9 months at the end of July but higher than August 2015’s 1.2 months.

The median sales price in August was $696,000, an 8% drop from $759,000 from July but still 2% higher than August 2015’s $683,000.  The price per square foot slipped 1%, from $399 in July to $397 in August.  One year ago, the price per square foot was $377.  The average sale in August was for 99% of the list price, down from 100% in July, as well as a year ago.  That is at the low end of the range that this ratio has occupied for the past couple of years (97% – 102%).

Homes sold in August were listed for an average of 28 days, up from 24 in July and 20 in August 2015.  August was the fourth straight month this number has increased from hitting its low point of only 11 days in April.

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 still a great time to be selling a home in Livermore.  Although inventory is higher than we have seen in a while, demand remains strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market is more favorable to buyers than we have seen in a while.  However, prime properties are still getting a great deal of attention and even multiple offers on occasion.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

Click here to see current Homes for Sale in Livermore CA

 

Livermore CA Homes

Livermore CA Homes for Sale

Real Estate Properties for Sale in Livermore

Livermore CA Homes for Sale | Livermore Market Update July 2016

Livermore CA Homes for Sale | Livermore Market Update July 2016

  • Market more balanced
  • Still strong
  • Inventory continues to rise
  • Pending sales off 27% from June
  • Price indicators steady

 

Livermore Real Estate Market Update July 2016

The real estate market in Livermore is more balanced that we have seen the past few years.  Demand remains strong and homes are still selling quickly.  It’s true that the pace of activity has slowed but not to the point where the market is soft or could be considered a buyer’s market.  Buyers are being more cautious and are willing to take more time but homes are still moving well.  We all become so accustomed to double digit year-over-year price increases that the single digit gains of the past few months seem low.  By every indication, the market remains very healthy.

Normally, homes selling for their list price and in an average of 24 days (July’s numbers) would have everyone feeling like we are in a strong market.  We just got used to homes selling a bit faster than that and for well over the list price.  The current market provides great opportunities for both buyers and sellers.

June’s median sales price of $759,000 was 5% higher than in June and 9% higher than a year ago.  The average sale was for 100% of the list price in July, unchanged from June, as well as from July 2015.  The price per square foot dipped to $399 in July form $10 in June.  July was still 5% over that of a year earlier.  July’s sales took an average of 24 days, two more than in June and four more than a year ago.

Inventory has been climbing all year and stood at 162 homes at the end of July, 11 more than at the end of June and 41 more than a year ago.  Pending sales fell from their high for 2016 of 121 in June to 88 in July.  98 sales went to contract in July 2015.  A 1.8 month supply was on the market at the end of July, up from 1.2 months at the end of June and at the end of July 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 still a great time to be selling a home in Livermore.  Although inventory is higher than we have seen in a while, demand remains strong, 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 a few select properties, most other homes have to be priced strategically to get top dollar.  More than ever, having a highly competent agent who knows the Livermore market will be critical to your success

Buyers:  The current market is more favorable to buyers than we have seen in a while.  However, prime properties are still getting a great deal of attention and even multiple offers on occasion.  Being prepared to act quickly will be the key to getting the home you are looking for.  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.

 

Access all Livermore CA homes for sale here

 

Livermore CA Homes

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Livermore CA Homes for Sale | Livermore Market Update June 2016

Livermore CA Homes for Sale | Livermore Market Update June 2016

  • Inventory and sales rise for sixth straight month
  • Inventory highest since February 2012
  • Average sales price less than list price for first time since January
  • Other price indicators steady

Livermore Real Estate Market Update June 2016

The Livermore real estate market appears to be softening as inventory is higher than at any time in over four years and more homes are selling below the asking price.  There are still many active buyers out there however, evidenced by the fact that pending sales were their highest since May of last year.  With the increase in inventory, buyers are being more selective and we are seeing fewer multiple offers.  The average time on the market had been under 20 days since March but rose to 21 days in June.  Less than 20 days is often considered to be a hot market.

Inventory increased from 136 at the end of May to 151 at the end of June, an increase of 11%.  June’s supply was also 47% higher than a year ago (103).  124 sales went to contract in June, up from 114 in May and 105 in June 2015.  Inventory relative to pending sales was unchanged from May at 1.2 months. There was a one month supply a year earlier.  Closed sales jumped 18%, from 93 in May to 110 in June.  120 sales closed in June 2015.

The average sale in June was for 99% of the list price, down from 100% in May and 101% a year ago.  The median sales price increased $10,000 to $735,000 in June.  That was 7% higher than June 2015’s $690,000.  The price per square foot also managed a small increased, form $405 in May to $408 in June, compared to $496 in June 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.  While inventory has increased and buyers are being somewhat cautious, there is strong demand, 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.

 

Access all Livermore CA homes for sale here

Livermore CA Homes

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Livermore CA Real Estate Properties for Sale

Livermore CA Homes for Sale | Livermore Market Update May 2016

Livermore CA Homes for Sale | Livermore Market Update May 2016

  • Market hot
  • But may be slowing
  • Inventory highest since September
  • Price indicators mixed
  • Days on market still low but rising

Livermore Real Estate Market Update May 2016

While both inventory and sales have increased in Livermore every month this year, there are signs that the pace may be slowing.  We are seeing fewer offers, even on well-priced, attractive properties.  And although homes were on the market only 18 days in May, that is up from 11 days in April.  Price indicators were mixed in May, with the median sales price increasing but the price per square foot and sales price to list price ratio falling.  The market will probably remain strong through the summer but I do not expect the level of activity or the frenzied activity of last summer.

133 homes were actively listed at the end of May, up three from April and 19 more than a year ago.  Pending sales increased by nine to 115, which was well off May 2015’s 125.  Supply relative to pending sales stood at 1.2 months at the end of May, down slightly form 1.3 months at the end of April but higher than May 2015’s 0.9 months.

May’s median sales price was $725,000, up 4% from $695,000 in April and 1% from $718,000 a year earlier.  The price per square foot in May was $405, down from $424 in April.  One year ago, the price per square foot was $398.  The average sale in May was for 101% of the list price and took 18 days.  Those numbers compare to April’s 102% and 11 days, respectively.

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.

 

Access all Livermore CA homes for sale here

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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.

 

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04_2016 lv summary table

04_2016 lv price range table