Pleasanton Valley/Birdland Pleasanton Market Update Mar 2010

The real estate market in the Pleasanton Valley/Birdland neighborhood of Pleasanton actually slowed considerably during the past six months. There were 13 closed sales during the past six months and there are another 3 sales currently pending, while there were 32 closed sales during the previous six month period. With only one active listing, there isn’t much inventory currently available to sell.

The active listing on Raven Road is listed for $769,950, which equates to $380 per square foot. It has been listed for five days. It is not distressed (REO or short sale).

The three pending sales are listed for $751,283, on average. That is $332 per square foot. They were listed for an average 12 days. The Shearwater Ct. home is a short sale and the property on Starling Ct. is REO.

There have been approximately two closed sales a month in Pleasanton Valley/Birdland. On average, the 13 closed deals were sold for an average price of $642,100, or $345 per square foot, which was 97% of the asking price. The homes sold, on average, in 46 days.

Located in the geographic heart of Pleasanton, Pleasanton Valley and Birdland have easy access to schools, parks, freeways and just about everything in Pleasanton. They include one and two story homes with two and three car garages. “Birdland” is so named because the streets are named after common birds.