Pleasanton CA Homes for Sale | Pleasanton Market Update September 2015
Pleasanton is a picturesque suburban town in Alameda County, California, nestled in San Francisco’s Tri-Valley area. With over 60,000 residents in its current populace, Pleasanton features a bustling, diverse economy that maintains its history, culture, and unique Northern California charm.
Pleasanton offers a great mixture of peaceful suburbia and trendy, city-slick living. Considered as one of the wealthiest cities in the United States, anyone looking to live in Pleasanton can only expect the most modern, luxurious amenities for convenience, entertainment, and productivity. High-end recreational facilities, thriving business centers, and beautiful parks are only some of the spaces built by the community to facilitate their ideal lifestyle.
Pleasanton’s real estate activity seems to have taken a dip along with the country’s seasonal autumn lull. The festivities are only starting to roll for the next few months, which projects a certain decrease in demand from buyers that are too preoccupied with fall-related activities. With this in mind, many sellers have decided to take a pause in putting their properties on market these past three out of four months, thus constraining the current number of Pleasanton homes for sale.
With 55 sales on contract this September and August, the recent increase in pending sales has put a stop to the dip in real estate inventory. This is not a large difference, however, and just six more sales than what was recorded from last year. There is a 10% decrease of inventory numbers from 93 at the end of August, to 84 at the end of September. This is still a markedly higher number from the 73 homes for sale that was available last year during the same months. Closed sales, however, fell steadily during the past three months. August ended with 65, and September with 51 closed sales, which is the same number it ended with this past 2014.
Median sales price went down 6% from August’s $990,00, ending September with $935,000 (which is 8% above September 2014’s $865,000). The price per square foot has experienced an increase, however, with $496 this September as opposed to August’s $470. Sales price to list price ratio is also veering upward, with 100% this September from the 99% this August. For the time on market indicator on Pleasanton homes for sale, it remained unchanged from August at 21 days.
The tables below give more details on the present market compared to prior periods, as well as a look at different market segments.
Sellers: Autumn in Pleasanton is still a great period to put your homes up for sale. The recent increase in properties on market is but a small one, and the demand from buyers looking to find their dream home in the San Francisco Bay Area is still going strong. Prime, well-maintained properties with proper pricing are in good demand. Don’t fret-- strong, well-planned marketing and staging will go a long way in getting your property to closing sale status. A knowledgeable, experienced REALTORⓇ will be a great factor for making sure that your home gets the sale it deserves.
Buyers: While sales are reportedly experiencing a lull this season, it’s still very crucial to act quickly when finding your dream Pleasanton home. Real estate properties do stay on the market longer these months and multiple offers are not as common as they are in summer or spring, but prime properties are being marketed strongly and thus will receive more attention from buyers. Finding a competent REALTORⓇ will help you learn more about the Pleasanton property market and use your strengths as a way to secure your ideal home in this city.
Click here to see current homes for Sale in Pleasanton CA.
For more information on the Pleasanton real estate market, visit www.680Homes.com.
Call Doug Buenz, REALTORⓇ, at 925-621-0680 today so YOU can get your house sold for the highest realistic price in the shortest amount of time.
