Activity increased during the past six months in the Ponderosa and Country Fair neighborhood of Pleasanton, after slowing to a crawl in the previous six month period. 14 sales closed during the past six months, compared to 14 in the six months prior to that. There have been 16 closed sales here this year, compared to a total of 26 during 2011. There are no active listings and three pending sales.
The pending sales are listed for $801,964, on average, or $305 per square foot. They have been on the market for an average of 21 days. None of them are distressed (short sale or REO).
The 14 closed sales had an average sales price of $838,964 or $342 per square foot. They were available for an average of 17 days and sold for nearly 101% of the asking price. None of the homes were distressed.
Overall, the Ponderosa and Country Fair neighborhoods have remained very much in demand, and the attractiveness of the floor plans, along with the central location, abundance of parks, and great commute access continue to make this a can’t miss neighborhood.