The Val Vista neighborhood of Pleasanton saw more activity in the past six months than it has seen in several years. 24 sales closed during that period, 11 sales are pending and 4 properties are actively listed. By comparison, only 20 sales closed here during all of 2011.
The four active listings carry an average price of $531,213 or $349 per square foot. They have been on the market for an average of nine days. Two of these homes are short sales.
The average list price of the 11 pending sales is $530,709 or $322 per square foot. On average, these homes have been listed for 27 days. 73% of these properties (eight) are short sales.
The 24 closed sales sold for more than 99% of their average asking price. The average sales price was $530,792 or $322 per square foot. These homes were listed for an average of 36 days. 10 of the 24 properties (42%) were distressed (short sale or REO).
Built by Singer Homes between 1968 & 1973, Val Vista features homes between 1,370 and 1,950 square feet on lots that typically range from 6,000 to 7,000 square feet. Centrally located off of W. Las Positas and Hopyard Rd, this neighborhood contains Donlon Elementary School, as well Val Vista Park and the new soccer park.