Bridle Creek & Sycamore Heights Market Snapshot

The Bridle Creek & Sycamore Heights neighborhoods in Pleasanton have been active recently after seeing a sluggish start to the year. Here is a snap shot of the neighborhood activity as of November 2009.

There are currently 3 homes for sale in Bridle Creek and Sycamore Heights, with an average asking price of $1,520.967, which represents an average asking price per sq ft of $394. The average days on market is 81 fore these 3 listings.

There are 5 pending sales currently in Bridle Creek and Sycamore Heights, with an average asking price of $1,495,790. The average asking price per sq ft for these pending sales is $351, with an average days on market of 64.

There are 4 closed sales in the last 6 months, with an average sales price of $1,386,250. This averages out to $347 per sq ft, and represents 93.7% of the asking price at the time of sale. On average, the sold properties were on the market for 62 days.

Overall, market activity in this price segment has been mixed this year, with periods of low activity. Market activity has picked up in the past few months. However, there has been downward pressure on prices, which can be seen by the difference between the Active price per sq ft and the closed price per sq ft ($394 vs. $347).

Bridle Creek and Sycamore Heights remain very popular with luxury home buyers looking for newer properties with generous lots. The pastoral setting with rolling hills and views makes these homes especially attractive. These neighborhoods also boast excellent access to Hearst Elementary and Pleasanton Middle School, both award winning schools. It has outstanding access to I-680 and the ACE Train for easy commuting to the South Bay.