Ruby Hill Market Update April 2010

It is interesting to look at the discrepency between average asking price per sq ft. Active listings average $408 per sq ft, while pending sales average an asking price of $353 per sq ft. Homes that have closed have an average sales price of $341 per sq ft. Generally, homes that are priced more aggressively are selling, while many other homes that are priced higher are struggling to find buyers. Nevertheless, the level of sales activity in the past few months has been impressive, and offers hope to a price range that has been battered in the last 3 years.

Ruby Hill is a private gated community on the eastern flank of Pleasanton, this luxury golf course development features exceptional homes and estates surrounded by the rolling hills and vineyards of the Livermore Valley. There are semi-custom homes and over 500 custom homes within Ruby Hills. Many have golf course views. The homes feature some of the finest builders in Northern California, and boast a wide range of amenities and design elements. From Formal Italian to Country French to Craftsman, you will find every style and concept reflected in exquisite homes and estates.