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Closed sales of single family detached homes in Pleasanton decreased in September to 44 from 60 in August. That seems like a big drop but Augusts’ sales were abnormally high and September’s were still higher than September of last year, when there were 37 closed sales. The median sales price increased from $743,500 in August to $770,000 in September. The median price per square foot was dropped slightly from $346 in August to $344 in September. 25% of the homes sold (11 of 44) were over $1 million, about average for Pleasanton.
The homes that closed in September were listed for an average of 66 days, up from 44 days for those that closed in August. The sales price was 96.4% of the list price in September, down a little from 97.6% in August. The percentage of distressed properties (short sales and REO) decreased sharply in September to 2.3% from 11.7% in August. There was only one distressed closed sale during the month of September. That is the lowest number and percentage of distressed properties closed in Pleasanton in at least a few years.
The neighborhoods of Ruby Hill, Pleasanton Valley/Birdland, and Ponderosa/Country Fair all showed strong activity for the month of September.
Here is a list of all closed home sales in Pleasanton in September
Pleasanton Home Sales September 2011