Doug Buenz
Real Estate Broker
Alain Pinel Realtors
(925) 463-2000
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I am a local Real Estate Broker with Alain Pinel Realtors serving the Pleasanton and the Tri-Valley area. I am an avid watcher of the local real estate market, as well as cultural and political events. But that is what I do, not who I am... » read more
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The Livermore market for single family homes continued on the course it has been on all year, with inventory falling and sales remaining strong and homes priced under $1 million making up the lions share of the market. There were 134 single family homes for sale at the end of November, or about 1.5 months worth. There were 88 single family home pending sale.
The Obama adminstration announced a new plan to help streamline the process for a short sale by creating uniform documentation and offering various incentives to the parties involved.
The high level of inventory is the story in Alamo, where there was over 5.5 months worth of single family homes for sale at the end of november. Sales remained strong, with 17 pending sales of single family homes at the end of the month, unchanged from October, and the highest level of pending sales this year.
According to the US News and World Report Annual Ranking, five high schools in Pleasanton, Danville and San Ramon earned the prestigious Silver medal. Foothill High School and Amador Valley High School in Pleasanton received the award, as did California High School in San Ramon and San Ramon Valley High School in Danville. …
The Golden Eagle Estates began to see some activity after a very slow beginning to 2009. There were no sales in the first five months of 2009 but three in the past six months and there are currently five homes listed for sale. The average price of the sold homes was $2,866,667, which was only 85% of the asking price.
More people moved into the San Francisco Metroplitan Area last year than moved out, according to a report issued by the Brookings Institute. If that trend continues, it is bound to help improve the economy and housing market.
November marked the seventh straight month for falling inventory of single family homes for sale in Pleasanton CA. The biggest declines were in homes priced over $1 million, where inventory fell approximately 18%. Pending sales fells also but remained relatively strong, given the low inventory levels.
The San Ramon housing market tightend in November, with inventory falling 12% from October to 76 single family homes. Pending single family home sales fell 45% to 43 at month end November, as the ongoing decrease in inventory began to affect sales.
Alameda County had a 17.4% decline in foreclosures from one year ago and a 6.8% decrease in notices of foreclosure, while Contra Costa County saw a 41.2% increase in foreclosures and a 95.5% increase in notices of foreclosure.
Dublin Ca had only 26 single family homes in inventory at the end of November, compared to 41 in October. Pending sales fell 23% to 30 in October but remain at historically high levels.
The real estate market for the Oak Hill neighborhood in Pleasanton saw a slow start to the year, but the last 6 months have seen a surge in activity with six closed sales.
Smoking hot. A bank-owned listing on Atheana Ct in just went pending. No big thing there. However, the seller received over 50 offers on the property! Now that is a property in demand! It was 3021 sq ft, 4 Bedrooms, 4 1/2 Baths on a 10,000 sq ft flat …
Augustin Bernal Park at the Pleasanton Ridge offers spectacular scenery and stunning views of the valley. It seems a world away, but is easily accessible off Foothill Road. With miles of hiking and mountain biking trails, it is a perfect place to go to escape the hustle and bustle of suburbia.
Closed sales of single family homes in Pleasanton were down slightly in November, which is not unusual. There were 39 closed sales for the month, down slightly from 43 in October. Sales prices ranged from $375,000 to S2,650,000, with a median price of $670,000. Average days on market for the closed sales …
In a quarterly survey of East Bay businesses commissioned by the Bay Area Council, 35% of respondents in Contra Costa/Solano County and 27% of respondents in Alameda County said they expect to cut jobs in the next six months. Those were the two worst results in the Bay Area.
Image by Getty Images via Daylife
The …
