The Mission Park neighborhood of Pleasanton saw increased activity over the past six months, with five closed sales. Three or four is typical for this neighborhood in a six month period. There were three during the previous six month period and two during this same period last year. There are an additional two sales pending but no active listings. None of the homes here are distressed (short sales or REO).
The two pending sales are listed for an average price of $793,500 or $344 per square foot. They have been on the market for an average of 19 days.
The average sale price on the five closed sales was $728,000 or $358 per square foot. That was more than 101% of the list price. These homes were listed for 76 days, on average.
Mission Park is located in South Pleasanton off Sunol Blvd and has mostly ranch style homes, many of which back to a hillside. There are also a couple of pockets of custom homes in Mission Park. The neighborhood is very conveniently located, with excellent access to I-680 and the ACE Train. Mission Park, one of Pleasanton’s most popular neighborhood parks, is located within the development. It is also located close to schools and downtown Pleasanton.