28 Colby Ct | Pleasanton | CA | 94566
Charming Downtown Pleasanton home in an ideal location! Walk to Downtown restaurants, events & shopping, plus close to schools and parks. Desirable 3 Bedroom, 2.5 Bath home with modern, open floor plan. Updated interior with new paint and gleaming hardwood floors. Private landscaped yard with patio & lawn area. Premium location with excellent commute access and award-winning Pleasanton Schools. Welcome Home!
Homes for Sale and Real Estate Market Update for Pleasanton CA June 2018
Under $1 Million Pleasanton CA Properties
We’re in the midst of summer and the market’s a little bit of a mixed bag at the moment. The under million dollar market remains very hot, and inventory remains extremely limited, as there’s only seven homes for sale in Pleasanton CA under $1 Million right now. That’s down 42% from last month, so we continue to see challenges in inventory in that price range. Many of the indicators in the under $1 Million market are up as a result, including the average price per square foot, which is $729, up 7% from last month at the same period. However, the average days on market, interestingly enough, for sold Pleasanton CA properties is now 11 days on the market, which is ridiculously low in the context of the national market, but for this area it’s crept up a little bit. It’s up 38% from the closed sales last month at this time. The average sales price and list price ratio is right at 100%, which is down 11% from the same period last month. That’s for closed sales. Not as much inventory, but perhaps a little bit of fatigue on the part of buyers there, so we’ll see.
$1 Million to $2 Million Pleasanton CA Properties
In the $1 Million to $2 Million market segment, it looks like statistically things have cooled some. Homes for sale are up 7%, with 46 homes for sale right now in that price range. It’s up 7% as compared to last month at this time. Pending sales are down 10%, with 43 pending sales. Sold properties month to date are up 8% with 55 closed sales, so that is a reflection of past market activity last month. The average price per square foot in this price segment is $599, which is down 4% from last month. That compares to $729 in the under $1 Million market segment. As you see, the higher up in the price range you go typically the lower the price per square foot. Average days on market is 10 for sold properties, up a 11%, and the sales price to list price ratio in this price segment is 104%, which is very strong, but that’s down 2% from last month at this time.
$2 Million Plus Pleasanton CA Properties
In the $2 Million plus market segment pending sales are up 67% month to date compared to last month to date. That’s an indicator of strength, with 15 pending sales. However, sold properties are down 45% this month as compared to last month at the same period. We’re seeing average days on market up to 27, which is up 13% from last month. Sales price to list price ratio is 97%, which is down 2% from last month. The average price per square foot on closed sales over two million dollar is $482, which is down 6.2%.
You can see we’re starting to see cooling in some of these price segments and some of these statistics, but overall the market still remains strong. This is not unusual for summer, when buyers sometimes get distracted with vacations and kids out of school, etc. But the market is still very good for buyers, hopefully we’ll see some more inventory come on. If you are a buyer we’re likely to see the pace of the market slow a little bit in the summer. That’s fairly typical, so good time to get out and buy a property. If you’re a seller prices are still at historic highs, so it is still a great time to sell.
As always, if you know someone that would be interested to know more about the Pleasanton housing market in this market report, please share it with them and if there’s anything we can help you with give us call at 925-621-0680. Or our website, 680homes.com.
This is Doug Buenz with the 680 Homes Group and that’s the real estate market update for Pleasanton CA.
Homes for Sale and Real Estate Market Update for Dublin CA June 2018
Hi, everybody. It’s Doug Buenz with the 680 Homes Group here at Venture Sotheby’s and this is a quick real estate market update for Dublin CA here on June 26, 2018.
The theme of the day for the Dublin CA housing market 2018 is that things have cooled a little bit. We are in the middle of summer. Buyers are distracted, on vacation, et cetera, or maybe just worn out from the frantic pace of the market the first two quarters. But in any event, statistically the market has cooled off some in Dublin.
Dublin CA Properties Under $1,000,000
If you’re looking at single family homes for sale in Dublin CA under $1,000,000, which is getting a little more rare, there are 14 for sale right now. That’s up 100% or double what it was last month at this time. Pending sales are up slightly, 5%. There are 22 pending sales, so that’s a sign of stability. Sold Dublin CA properties are unchanged at 15 for this month to date compared to last month to date. The average sales price per square foot is $577 for single family homes under $1,000,000. That’s down 4%. Average days on market is up 86% to 13 days. That’s an indicator that the market pace has cooled some, and a good time for buyers to jump in. The average sales price to list price ratio for homes under $1,000,000 in Dublin is 106%, so it’s still multiple offer territory, but that’s down 1% from last month at this time
Dublin CA Properties Over $1,000,000
If you look at the market over $1,000,000, we see further evidence that the market has cooled some. There are 32 homes for sale right now in Dublin over $1,000,000. That’s up 28% from last month. There are 20 pending sales over $1,000,000, and that’s down 23% from last month at this time, and there’s 19 closed sales, which is down 32% from last month at this time. So you can see statistically that the market over $1,000,000 in Dublin has cooled some. The average price per square foot is $454 for sold properties. That’s unchanged. Average days on market is 11 days, so this here’s a statistical outlier. The average days on market actually fell for closed properties, so it’s down 45% or 11 days on the market. Now remember, that’s for closed properties. That does not take into account homes that are for sale that might be on the market for longer, but for the properties that sell, which are the prime properties, average days on market is 11 so far this month, and that’s down again 45% from last month at this time. Sales price to list price ratio is 104%. That’s up a little bit from last month, so overall, the pace of the market seems to have slowed some, but there’s still strong demand and we expect the market to maintain some stability here as we head towards the fall.
As always, if you know someone who is looking for Dublin CA homes for sale, wants to learn more about the Dublin CA home price trends and could benefit from this real estate market update for Dublin CA, please share it with them, and if we can help you at all, please give us a call. Again, Doug Buenz, the 680 Homes Group at Venture Sotheby’s. You can reach us at 925-621-0680 or our website, 680homes.com. Thanks for watching.
2109 Alexander Way | Pleasanton | CA | 94588
Offered at $849,000
Adorable Mohr Park home with 2 bedrooms and 2 bathrooms. Inviting back deck & patio for entertaining and excellent commute access. More details and photos to come soon!
2047 Valley Oak Rd | Pleasanton | CA | 94588
Offered at $2,475,000
Elegant Single-Story Home on Private 1 Acre Lot in Golden Eagle Estates. More photos and details coming soon!
3139 Randick Ct | Pleasanton | CA | 94588
Offered at $1,229,000
Gorgeous Updated Fairlands Area Home. 4 bedrooms, 2.5 bathrooms, 2,150 sq ft on a 8,571 sq ft lot in ideal court location. More details and photos coming soon!
320 Trenton Cir | Pleasanton | CA | 94566
Awesome 4 bedroom, 2.5 bath home near Downtown Pleasanton. Walk to schools, parks, & downtown plus excellent commute access! More details and photos coming soon!
235 Rachael Place | Pleasanton | CA | 94566
Charming Pleasanton condominium in an ideal location! Walk to Downtown Pleasanton, schools, parks, & shopping. Desirable 2 Bedroom, 2 Bath home with one master suite and perfect downstairs end unit location.
1037 Sunset Creek Lane | Pleasanton | CA | 94566
Gorgeous Sycamore Heights home with amazing backyard oasis. 6 Bedrooms, 5.5 Bathrooms, 4974 sq ft home, on .46 acre lot with pool, sports court, and more! Details and photos coming soon!
3623 Cameron Ave | Pleasanton | CA | 94588
Fabulous Single Story Pleasanton Home with Amazing Almost 1 Acre Yard. 4 Bedrooms, 3 Bathrooms, 3410 sq ft, .91 Acres. More photos and details coming soon!