Market Update – Pleasanton Real Estate

Pleasanton Real Estate Update

 As of today, August 7, 2009 there are 214 Active listings on the Multiple Listing Service (MLS) in Pleasanton.

 There are 175 Pending sales (58 of which are Pending Subject to Lender Approval as they are a Short Sale/Potential Short Sale). 

 From the period of August 1 – August 7, 2009, there were 9 Sold transactions (escrow closed) with an average time of 31 Days on Market (DOM), and an average sales price of $604,444. (lowest sold = $289,000 / highest sold = $889,000).

 The lowest priced home in Pleasanton is at 7615 Canyon Meadow Circle; it is a 1 Bedroom/1 Bathroom, approx. 790 sq.ft. Condo offered at $199,000 (DOM 97). 

 The highest priced home in Pleasanton is at 4140 Foothill Road; it is a 5 Bedroom/6+ Bath, 16-car garage home, approx. 8,590 sq.ft., Single-Family residence offered at $12,500,000 (DOM 101). {Price on this home just recently increased from $7,450,000}

As a California licensed real estate Broker I am constantly researching the market and analyzing home prices so I can serve you with the latest and most accurate information. As always, I offer my services to you as your Home Research specialist.  For more information, contact me, or visit my website at:  www.PattyManzi.com

Watch next week for my Blog series on Property Management.

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