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This is a question as old as the real estate business itself. Who controls property values? We all know that sellers do not control property values. Sure they can set the asking price, and control the condition of the property, but not the value of a given piece of property. Yes, …
Now that the real estate market in Pleasanton, Dublin, San Ramon, and the Tri-Valley has seen a dramatic uptick in activity, especially in the lower price segments, it’s time to examine two of the most important factors in the health of the local housing market… affordability and liquidity. As is usually the case …
The Pleasanton market continued to show strong sales activity in May, especially on the lower end of the market. There were 71 pending sales of single family homes in May, up from a robust 63 in April. Compared to 19 pending sales in November, things are definitely on an upswing in terms of …
The San Ramon real estate market continued to show strength in May, although pending sales were down some from the blistering pace of April. There were 82 pending sales of single family homes in May, down from the spike of 100 pending sales in April, but still well above the pace earlier in the …
It almost seems like 2004 in Dublin. Lots of new homes, lots of multiple offers, shrinking inventory, and brisk sales. Except it’s 2009, the economy is in recession, and the real estate market is in the tank, with 40%+ declines in the median home price year to year. But buyers are getting …
There were 28 closed single family home sales in Danville for the month of May. The median home price is $805,500, and sales ranged from $525,000 to $3,700,000. The median price per sq ft was $340. The average days on market was 81. On average, homes sold at 96% of their …
While the lower end of the market in Pleasanton, Dublin, San Ramon, and the Tri-Valley shows strong improvement, there is a condition lurking in the background which could prolong the local real estate market slump. The so-called “shadow inventory” consists of homes owned by banks that are not yet on the market. According …
Here is the list of May Home Sales for detached single family homes in the city of Pleasanton. May was a very active month, with 44 closed sales. Sales prices ranged from $450,000 to $1,830,000. The median home price was $733,500, indicating that most of the activity was on the lower end …
Here is the list of May Home Sales for detached single family homes in the city of San Ramon. There were 55 closed sales in May, ranging from $375,000 to $1,170,000. The median home price was $680,000. Average days on market was 71, and the median price per sq ft was $298. …
Here is the list of May Home Sales for detached single family homes in the city of Dublin. There were 32 closed sales in May, ranging from $342,000 to $875,000. The median home price was $602,500. Average days on market was 76, and the median price per sq ft was $281. …