Sevillano and Ponderosa Legacy Livermore Market Update May 2012

May 10, 2012 • LIvermore Neighborhood Stats

The Sevillano and Ponderosa Legacy neighborhoods of Livermore saw a fair amount of activity over the past six months.  While there were only two closed sales during that period, and only one this year, three sales are pending and there are three homes actively listed.

The three active listings carry an average price of $1,179,167 or $294 per square foot.  They have been listed for an average of 45 days.  Both the Leccino Court and Danielle Lane properties are short sales.

The average list price of the three pending sales is $1,211,333 or $313 per square foot.  These homes have been on the market for 72 days, on average.  The Danielle Court property is a short sale.

The average sales price of the two closed sales was $1,162,000 or $313 per square foot.  The homes were listed for five and 58 days, respectively, and sold for about 98% of the asking price.  Neither home is a short sale nor REO.

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Both Sevillano and Ponderosa Legacy are luxury home developments set in the vineyards of south Livermore, with exquisite homes, many backing to vineyards.

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