Pleasanton Hills Pleasanton Market Update Mar 2010

With only about one sale every three months on average, the real estate market in the Pleasanton Hills neighborhood of Pleasanton remains very quite. There have been only five sales dating back to June 2008 and there are no current listings or pending sales.

The closed sales sold for an average price of $960,250 or $313 per square foot, which was 92% of the asking price. Most neighborhoods in the Tri-Valley have been seeing sales prices of 95% - 100% of the asking price. The homes were on the market, on average for 70 days. Only one of the homes (4931 Monaco Dr.) was distressed (it was bank owned).

Built in the mid-1980s, these Victorian inspired homes are located close to downtown Pleasanton near the intersection of Bernal Ave and First St. Several of the homes in this desirable neighborhood have fabulous views of the Pleasanton Ridge and downtown.