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Closed sales of single family detached homes in Pleasanton increased in August to 60 from 48 in July. The median sales price decreased from $794,500 in July to $743,500 in August. The median price per square foot was unchanged at $346. Seven of the 60 sales (12%) were of homes sold for over $1 million.
The homes that closed in August were listed for an average of 42 days, down from 49 days for those that closed in July. August’s closings received 97.5% of their asking price, up slightly from 97.0% in July. The percentage of distressed properties (short sales and REO) increased in June to 11.7%, from 10.4% in July. That % is still well off the high for the year, which was 30% in January.
The neighborhoods of Ruby Hill, Ponderosa/Country Fair, Highland Oaks, and Val Vista all saw strong activity in August.
Here is a list of all closed home sales in Pleasanton in August
Pleasanton Home Sales August 2011