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Homes in Pleasanton

Pleasanton CA Homes for Sale | Pleasanton Market Update May 2017

Pleasanton CA Homes for Sale | Pleasanton Market Update May 2017

  • Inventory can’t keep pace with demand
  • Less than a month’s supply
  • Homes selling in less than two weeks
  • Prices steady – but off April’s high

Pleasanton CA Homes for Sale

Heat came early to the Pleasanton real estate market in the form of strong demand and insufficient inventory.  The supply of homes for sale fell 26% from April, while closed sales were up 27%, leaving less than a month of inventory on the market.  Good properties sold quickly in May, with the average time on the market at only 14 days.  The median sales price came down a little from April’s all time high but was equal to May 2016’s previous high.  Homes priced under $2 million sold the fastest and for 102% of their list price.

A 0.8 month supply was on the market at the end of May, compared to 1.2 months at the end of April, as well as a year earlier.  Inventory fell from 90 homes at the end of April to 67 at the end of May, which was also 19 fewer units than a year ago.  Pending sales increased 9%, from 77 in April to 84 in May.  May’s sales were 14% higher than a year ago.  Closed sales jumped 27% in May, from 59 in April to 75.  69 sales closed in May 2016.

The average sale in May took 14 days, the same as in April and one day longer than in May 2016.  Homes sold in May for 100% of their list price, on average, down slightly from 101% in both April of this year and May of last.

May’s median sales price was $1.15 million, down 2% from $1.175 million in April.  However, April’s median sales price was the highest ever here, with the previous ever being May 2016’s $1.15 million.  The price per square foot increased 5%, from $511 in April to $539 in May.  That was 8% above may 2016’s $500 per square foot.

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 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 Pleasanton 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 Pleasanton 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 Pleasanton CA

 

Homes in Pleasanton CA

Homes for Sale in Pleasanton CA

 

Pleasanton CA Real Estate Properties for Sale

SOLD! 539 Bunker Ln Pleasanton, CA 94566

Fabulous modern home in Castlewood with amazing views! This gorgeous home features 4 bedrooms, 2 ½ baths, with soaring vaulted ceilings bathed in light. The dramatic living room enjoys sweeping views of the hills, and includes a cozy fireplace retreat. The spacious dining room is perfect for entertaining, and looks out onto the scenic yard. The sunny gourmet kitchen features slab granite counters, professional stainless appliances, Sub Zero refrigerator, and large pantry. There is a large breakfast nook off the kitchen, which is open to a spacious family room with fireplace, bar area, and sliding doors to the rear yard.


The spacious master bedroom features dramatic vaulted ceilings, and a sliding door to a private deck. The inviting bath features a dual vanity, jetted soaking tub, and separate shower. The secondary bedrooms are spacious and inviting, along with a remodeled full and half bath for maximum functionality. Downstairs includes a bonus/utility area and large storage room. There is also a 3 car garage with built-in storage above.


The yard is your private oasis, with mature trees and a gorgeous swim spa and water feature, fire pit, and outdoor kitchen. It is perfect for entertaining or relaxing after a long day. The views are awe inspiring, and the location in Castlewood Country Club is convenient to shopping, the Pleasanton Ridge open space, and the ACE Train, with easy commute access to I-680 and Niles Canyon Road. Welcome Home! Go to BunkerLane.com for more information.


SOLD! 539 Bunker Ln Pleasanton, CA 94566
Overview
Maps
Photos
Features
Description
Market Stats
IDX Search
$1,480,000
Single Family Home
Main Features
4 Bedrooms
2 Full Bathrooms
1 Half Bathroom
1 Unit
Interior: 2,854 sqft
Lot: 0.42 acre(s)
Year Built: 1977
MLS #: 40775935
Location
539 Bunker Ln
Pleasanton, CA 94566
USA

Doug BuenzDoug Buenz

Venture | Sotheby’s International Realty
(925) 621-0680
[email protected]
http://www.680homes.com
       
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Pleasanton CA Real Estate Properties for Sale

5943 Corte Arboles, Pleasanton, CA 94566

5943 Corte Arboles | Pleasanton | CA |94566

Coming Soon

Homes in Pleasanton CA

Imagine a charming remodeled home in a premium location at the end of a cul-de-sac. Imagine soaring volume ceilings bathed in light. Imagine custom tile flooring and designer carpeting. Imagine 3 bedroom suites and a large bonus room that could become a 4th bedroom. Imagine remodeled quartz kitchen and baths. Imagine a spacious yard with sparkling pool and waterfall. Welcome Home!

Pleasanton Homes for Sale

7875 Lafayette Ct, Pleasanton, CA 94588

7875 Lafayette Ct | Pleasanton | CA | 94588

Coming Soon!

Homes in Pleasanton CA

Spacious single story in Forest Hills with modern floorplan.  4 Bedrooms, 3 bathrooms, 2,746 sq ft, 10,242 sq ft lot (.24 Acre) with modern touches throughout.  New carpet, updated two tone paint, plantation shutters and fully landscaped yard.  More details and photos coming soon!

What to Know About the Property Types in Pleasanton CA

**In case you can not view this video here, please click the link below to view What to Know About the Property Types in Pleasanton CA on my YouTube channel: https://youtu.be/76eLy8GJ0go**

 

00:29: Hello, and welcome to 680 Home Video Channel, a web series where we answer all of your real estate questions. I’m your host Theodora and I’m talking to local East Bay real estate broker Doug Buenz.

 

00:41: Hi Doug, it’s great to see you! Today we’re going to discuss property types. Doug, please tell us a little bit about all the different property types.

 

00:51: Sure. There’s three main types of zoning designation. There’s a single family home, a PUD or planned unit development, and a condominium.

 

01:05: Single family homes are pre-standing properties, are not attached. The owner maintains the property and the structure. And it may or may not have a homeowners association with it.

 

01:20: A PUD is another zoning classification that stands for planned unit development. This is typically a little higher density project. They can be attached or detached. There normally is a homeowners association along with common areas associated with a PUD. And often there is private streets within the development.

 

01:43: And the last property type is condominium and this is distinguished because the owner – you as an owner – actually only own the interior airspace of the unit. You don’t own the walls or the structure or the common area. You own an undivided interest in the common area along with all the other owners in the complex. Normally there always– there’s  a homeowners association associated with a condominium project.

 

02:11: I often get asked the question, What’s the difference between a condominium and a townhouse?” A townhouse is really a lay person’s term, and really what it means is the style of the unit. A townhouse brings to mind a property where there is an upstairs and a downstairs. And there’s usually not  someone below you or above you. So if someone says to me,  “I want to buy a townhouse,” normally that’s what they’re referring to. Or as a condominium typically means someone is going to be above you or below you and usually one level. That would be the common definition of a condominium. In fact, most of the townhouse style units you see today are in fact condominiums or they’re owned as condominiums even though they’re townhouse style units.

 

02:59: In terms of homeowners association dues, condominiums have typically the highest homeowners association dues. This is because that the homeowners association and the owners there  own an undivided interest in all the structures, in all the common areas. Therefore they are responsible to maintain them. In fact many of the condominiums have homeowners associations that maintain the inside of the unit. So if there’s a plumbing leak, or a problem inside the property, the homeowners association will maintain that. Obviously that adds the expense of the homeowners dues because you’re paying to maintain other people’s units.

 

03:35: PUD’s or planned unit developments, the homeowners dues there are usually less because the owner’s normally responsible for maintaining there own their structure. So the homeowners association in a PUD  is responsible for maintaining the common areas. Sometimes they’ll maintain the front yard landscaping as well, just to maintain continuity throughout the project .

 

03:59: And obviously single family homes have the lowest homeowners dues, if there are homeowners dues with the single family home development, it’s strictly to maintain common facilities such as pools, tennis courts or monument entrances to the development and normally they’re very reasonable.

 

04:24: If you have real estate questions or need assistance I do hope you’ll give me a call. I’m worthy of your trust.  

7949 Limewood Ct, Pleasanton, CA 94588

7949 Limewood Ct | Pleasanton | CA | 94588

Coming Soon!

Pleasanton CA Homes

Imagine a traditional home loaded with charm and appeal. Imagine gleaming hardwood floors, custom tile flooring, and designer carpeting. Imagine a sunny quartz kitchen and remodeled baths. Imagine a premium .21 Acre lot with water feature & pond and large greenhouse. Imagine walking to BART, schools, parks, and shopping. Welcome Home!

Pleasanton CA Homes for Sale

2109 Black Oak Ct, Pleasanton, CA 94588

2109 Black Oak Ct | Pleasanton | CA | 94588

Coming Soon!

Homes for Sale in Pleasanton CA

Imagine an exquisite custom home in a spectacular setting in prestigious Golden Eagle Estates. Imagine soaring volume ceilings and amazing views from nearly every room. Imagine an open floor plan designed for modern living. Imagine tumbled stone, hardwood, granite, limestone, and the finest in designer finishes and amenities throughout. Imagine a private almost 1 Acre lot with sweeping views. Welcome Home!

Pleasanton CA Homes for Sale

SOLD! 835 Fairway Ln Pleasanton, CA 94566

This house has it all: 4 bedrooms, 3 bathrooms located on a prime, half acre lot in Castlewood Country Club with a stunning, panoramic view; gorgeous, turnkey aesthetic that blends traditional architectural design and contemporary, neutral interior; sprawling master suite with fireplace, deck and recently updated adjoining bath (Travertine, dual vanity granite counter, soaking tub, walk-in closet); large, eat-in gourmet kitchen features high-end, stainless steel appliances, center island with gas cook top, granite counter tops and loads of storage; separate dining room, living room, family room, office and laundry on main floor; 3-car garage with workbench, storage cabinets and golf cart; large deck and room for a pool; quiet, private location is just minutes from freeways, schools and shops. 

WHAT I LOVE ABOUT THE HOME

This home is in such a beautiful location in the Castlewood Neighborhood. It sits on a large lot with fantastic views, and nice privacy. If you want beauty and serenity , yet close to freeway and downtown, this is your spot.


SOLD! 835 Fairway Ln Pleasanton, CA 94566
Overview
Maps
Photos
Features
Description
Market Stats
IDX Search
$1,625,000
Single Family Home
Main Features
4 Bedrooms
3 Full Bathrooms
Lot: 0.59 acre(s)
Year Built: 1989
MLS #: 40770892
Location
835 Fairway Ln
Pleasanton, CA 94566
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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Pleasanton CA Homes for Sale

SOLD! 2607 Rasmussen Ct Pleasanton, CA 94588

Pristine Stoneridge Park home with designer upgrades throughout! This fabulous home features soaring volume ceilings bathed in sunlight, gleaming wide plank hardwood floors and new designer carpeting, dramatic living and formal dining rooms, remodeled gourmet cherry/granite/stainless kitchen with center island and tumbled stone backsplash, large breakfast nook, huge extended family room with cozy fireplace with built-in entertainment center, full bath, and functional laundry room.


Upstairs features a large master bedroom with vaulted ceiling, inviting master bath with dual vanity, soaking tub, separate shower, and walk-in closet. There are 2 large secondary bedrooms plus a spacious office with double door entry and built-in shelving (could be converted to 4th bedroom), and a utility desk in the upstairs landing. There is a spacious 2 car garage and plenty of storage. The inviting rear yard features a tile patio, raised planters, and mature landscaping. The fabulous cul-de-sac location is walking distance to award winning Mohr Elementary School and park, and offers easy access to I-580, BART, parks, and shopping. Welcome Home!

 

SOLD! 2607 Rasmussen Ct Pleasanton, CA 94588
Overview
Maps
Photos
Features
Description
Market Stats
IDX Search
$1,300,000
Single Family Home
Main Features
4 Bedrooms
3 Full Bathrooms
Lot: 5,038 sqft
Year Built: 1996
MLS #: 40776065
Location
2607 Rasmussen Ct
Pleasanton, CA 94588
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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