July 2016 State of Market in Ruby Hill, Pleasanton

Active – As of July 31, 2016 there were 15 active properties ranging from $1,355,000-$4,188,888

Pending – 2 Properties ranging from $1,999,950-$2,158,000

Closed in July – 5 Properties ranging from $ $1,115,000-$2,250,000

Ruby Hill and 94566 Zip Code Overview

The Median Listing Price in Ruby Hill is $2.5 M. Price per Square Foot is $459 and the Median Closing Price is $2.2M (as per Realtor.com).

The median home value in 94566 is $1,036,700. 94566 home values have gone up 5.5% over the past year and Zillow predicts they will rise 0.2% within the next year.

California pending home sales post third straight annual increase in June

Pic of home.jpg

LOS ANGELES (July 25) – Led by the San Francisco Bay Area, California pending home sales continued their upward momentum in June to post three straight months of annual increases, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

The California housing market remained very competitive, as C.A.R.’s June Market Pulse Survey** reflected a slight increase in sales with three or more offers over the previous year, particularly in homes priced $300,000-$399,000, which climbed from 8 percent in June 2015 to 18 percent this year.

  • Statewide pending home sales rose in June on an annual basis, with the Pending Home Sales Index (PHSI)* increasing 3.2 percent from 123.4 in June 2015 to 127.3 in June 2016, based on signed contracts. With pending sales on a rising trend in the past couple of months, June’s increase should portend for higher closed transactions in July and August.
  • California pending home sales declined 7.0 percent on a monthly basis compared to May, primarily due to seasonal factors. When adjusting pending sales for typical seasonal patterns, pending sales were down 3.2 percent from May and up 3.0 percent from June 2015.
  • After trailing behind Southern California and the Central Valley since the beginning of this year, the San Francisco Bay Area led the regions, with pending sales increasing on an annual basis across the state.
  • For the Bay Area as a whole, pending sales were up 5.1 percent from June 2015 and down 16.3 percent from May. The June increase in Bay Area pending sales suggests a brighter outlook for the region, which had been trailing behind 2015 in closed sales, primarily due to low affordability and tight inventory. An improvement in housing supply during recent months – especially in Alameda, San Francisco, San Mateo, and Santa Clara counties – should alleviate low housing stock in the upcoming months.

June REALTOR® Market Pulse Survey**:

In a separate study, California REALTORS® responding to C.A.R.’s June Market Pulse Survey reported slower growth in floor calls, listing appointments, and open house traffic, indicating slowing market activity. In a reflection of a slowing market, the proportion of homes selling above asking price declined in June.

  • After reaching an all-time high of 38 percent in May, the share of homes selling above asking price in June dropped to 35 percent, but was up from 33 percent a year ago. Conversely, the share of properties selling below asking price rose to 37 percent from 34 percent in May. The remainder (28 percent) sold at asking price.
  • For the homes that sold above asking price, the premium paid over asking price rose for the first time in three months to an average of 11 percent, up from 9.4 percent in May but was unchanged from a year ago.
  • The 37 percent of homes that sold below asking price sold for an average of 11 percent below asking price in June, which was up from 10 percent in May but unchanged from a year ago.
  • More than seven of 10 properties (72 percent) for sale received multiple offers in June, indicating the market remains competitive. Sixty-five percent of properties received multiple offers in June 2015.
  • The average number of offers per property dipped slightly to 3.0 in June, compared with 3.1 in May and 2.9 in June 2015. Nearly one-half (47 percent) of properties received three or more offers in June. Homes priced between 300,000-$399,000 and $500,000-$999,000 saw the greatest increase in three or more offers compared to a year ago.
  • More than one in five (22 percent) properties had price reductions in June, down from 23 percent in May. Twenty-one percent of properties had price reductions in June 2015.
  • Low inventory, declining housing affordability, and high home prices were the top concerns for about two-thirds (68 percent) of REALTORS®.
  • While still in positive territory, REALTORS®’ optimism of market conditions over the next year has been waning over the past few months, with the index decreasing to 52, down from 54 in May and 64 in June 2015.

 

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions. If you are looking to sell, I can save you Thousands $$$$$

You paid How Much to sell your home

This information has been compiled from the CAR, NAR website, Realtor.com, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

  Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

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June 2016 State of Market in Ruby Hill, Pleasanton

Active – As of June 30, 2016 there were 12 active properties ranging from $1,349,900-$4,188,888.

Pending – 7 Properties ranging from $1,150,000-$2,548,000

Closed in June – 5 Properties ranging from $ $2,199,000-$3,499,000.

94566 Zip Code Overview

The Median Listing Price in Ruby Hill is $2.2 M. Price per Square Foot is $464 and the Median Closing Price is $2.3M (as per Realtor.com)

The median home value in 94566 is $1,034,400. 94566 home values have gone up 6.2% over the past year and Zillow predicts they will rise 0.3% within the next year.

California pending home sales hold pace in May Housing supply on the rise but low affordability to cut into demand

LOS ANGELES (June 23) – Building on April’s gain, California pending home sales continued to rebound on a year-to-year basis, as listings increased, primarily in seven of nine Bay Area counties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.   With an increase in housing supply, C.A.R.’s May Market Pulse Survey** also reflected a closing gap between REALTORS®’ concern of low inventory and low housing affordability – fewer REALTORS® were concerned about low inventory, but more REALTORS® were concerned with a decline in housing affordability.

Pending home sales data:

  • Statewide pending home sales rose in May on an annual basis, with the Pending Home Sales Index (PHSI)* increasing 3.8 percent from 131.4 in May 2015 to 136.5 in May 2016, based on signed contracts. May’s increase comes as welcome news since closed transactions declined in May despite low interest rates and high housing demand.
  • California pending home sales declined 3.6 percent on a monthly basis compared to April, which was almost entirely due to seasonal factors. When adjusting pending sales for typical seasonal patterns, pending sales actually edged up 0.1 percent from April and 3.1 percent from May 2015.
  • Led by Southern California, pending sales were up last month on an annual basis across the state on a regional level, with the exception of the San Francisco Bay Area, which saw pending sales contract from the previous year.
  • For the Bay Area as a whole, pending sales were up 4.6 percent from April and down 1.6 percent from May 2015. Perhaps counterintuitively, within the core areas of the Bay Area, San Francisco and Santa Clara counties, pending sales actually saw an increase over last year of 40.5 percent and 0.4 percent, respectively. The surge in San Francisco was exaggerated by the monthly decline in the county pending sales level a year ago, when it hit the bottom in the last 10 years.  Pending sales typically increase from April to May.
  • Pending sales in the more affordable areas of the Bay Area, where inventory is less constrained, have experienced a decrease in pending sales as a disproportionate increase in home prices has eroded housing affordability.
  • The pending sales in Central Valley posted a gain of 3.8 percent from the previous year and were down 14.5 percent on a month-to-month basis, following a particularly strong April increase.
  • Pending home sales in Southern California as a whole rose 5.6 percent from May 2015 and 2.4 percent from April, thanks to year-over-year gains of 6.9 percent in Los Angeles County and 6.2 percent in San Diego County. Orange County experienced a 1.8 percent decrease from the previous year.

Year-to-Year Change in Pending Sales by County/Region

Year-to-Year Change in Pending Sales

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions. If you are looking to sell, I can save you Thousands $$$$$

You paid How Much to sell your home

This information has been compiled from the CAR, NAR website, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

 

May 2016 State of Market in Ruby Hill, Pleasanton

Active – As of May 31, 2016 there were 15 active properties ranging from $1,398,000 – $4,188,888.

Pending – 8 Properties ranging from $1,150,000 – $2,999,999

Sold/Closed in May, 2016 – 6 Properties $1,515,000 – $3,450,000

94566 Zip Code Overview

The Median Listing Price in Ruby Hill is $2.5 M. Price per Square Foot is $485 and the Median Closing Price is $2.2M (as per Realtor.com)

The median home value in 94566 is $1,053,500. 94566 home values have gone up 8.2% over the past year and Zillow predicts they will rise 0.7% within the next year.

April California pending home sales trend higher but inventory concerns remain

LOS ANGELES (May 23) – Led by the Central Valley, California statewide pending home sales reversed a three-month decline and posted higher in April, but a persistent shortage of homes for sale may dampen the upcoming spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said.

C.A.R.’s April Market Pulse Survey** also reflected a slowdown in market activity with a decrease in floor calls, open house traffic, and listing appointments/client presentations, likely due to the tight inventory and low affordability conditions constraining the California housing market.

Pending home sales data:

  • Statewide pending home sales rose in April on an annual basis, with the Pending Home Sales Index (PHSI)* increasing 4.1 percent from 135.9 in April 2015 to 141.6 in April 2016, based on signed contracts. April’s annual increase was the strongest thus far this year, and the PHSI is now at its highest level since March 2012.
  • California pending home sales also rose on a monthly basis more than is typical for April, which average 1.3 percent between 2008 and 2015. The PHSI increased 4.5 percent from an index of 135.4 in March. When adjusting pending sales for typical seasonal patterns, pending sales actually increased 9 percent from March. Despite the uptick, inventory concerns remain as statewide listings are 4.2 percent below where they were a year ago.
  • At the regional level, pending sales were up on an annual basis in all major regions of the state, with the Central Valley Region’s index reaching an all-time high, thanks to its high affordability and ample inventory.
  • For the Bay Area as a whole, pending sales were down 5.1 percent from March and up 1.6 percent from April 2015. Within the core areas of the Bay Area, including San Francisco and Santa Clara counties, pending sales actually saw an increase over last year of 9.4 percent and 15.8 percent, respectively.
  • The pending sales index in Central Valley posted an increase of 35.3 percent from March and 2 percent from April 2015.

You paid How Much to sell your home

This information has been compiled from the CAR, NAR website, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

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My Listing in Pleasanton. Just Sold

front1

This highly upgraded Heights home offers 3 bedrooms, 2 bathrooms with 1,852 square feet of living space and a lot size of 7,480 sq ft.
Built in 1965.Two Car attached garage.
Located at the end of a quiet street with privacy and beautiful views of the hills and trees.
Kitchen offers Quartz Counter tops, Tile flooring, 6 burner gas stove, Built-in Microwave and convection Oven Maple cabinets, 2 Lazy Susans, pull out drawers.
Formal Living room with Wood burning fireplace and Plantation wood Shutters.
Work area or Family room with Quartz Counter tops.
Formal Dining Room with a view.
Newer Bamboo flooring, Formal Living room.
Beautifully landscaped Low maintenance Back yard with fruit trees and views.
Travertine at the Entry and around the fireplace.
Dual pane windows throughout.
Fluorescent lights under cabinets.
Low flush toilets.
Water saver shower heads in both Bathrooms.
Solid wood plantation shutters in bright and spacious Master Bedroom.
French drains, Copper piping, and copper wiring.
Switches and outlets upgraded.
Metal roof.
LED Can lights throughout.
Interior doors of solid pine.
Close to downtown Pleasanton.
Neighborhood Homes with character and surrounded by mature trees. Lots of parks.
Excellent Pleasanton schools – Valley View Elementary, PMS Middle School and Amador High School.

Call Meena Gujral at 925-425-9491 or for more information to see how you can save thousands of dollars when buying and selling through Help-U-Sell Achievers Realty.

To see virtual Tours on all my listings click on the link:http://tours.tourfactory.com/results.asp?u=22865&p=1&status=public&m=1

Perfect for investor or 1st time Buyer in Pleasanton

3287 Pueblo Way, Pleasanton, Ca Listed for $439,000

  • Perfect for first time home buyer or investor.
  • 2 br/1 bath 884 sq foot with 2 space Carport. Built in the year 1976.
  • Rarely available townhouse – very desirable single level end unit townhouse with only one shared wall with neighbor.  in highly sought after Las Positas Gardens neighborhood.
  • Granite counter top, stainless steel sink, Gas Stove and newer appliances in kitchen.
  • 9 foot ceiling in living room
  • Tiled bathroom..
  • Ceiling fans
  • Two Covered parking spots.
  • Private patio with storage.
  • Close to 580 freeway, school, shopping, restaurants, bus, bike to BART.
  • Top rated Pleasanton schools. Low HOA Dues $270 p/m.

Call Meena Gujral at 925-425-9491 or for more information to see how you can save thousands of dollars when buying and selling through Help-U-Sell Achievers Realty.

To see virtual Tours on all my listings click on the link:

http://tours.tourfactory.com/results.asp?u=22865&p=1&status=public&m=1

 

March 2016 State of Market in Ruby Hill, Pleasanton

Active – As of April 1, 2016 there were 12 active properties ranging from $2,138,000 – $4,499,000.

Pending – 8 Properties ranging from $1,469,950 – $3,750,000

Sold/Closed in March, 2016 – 5 Properties $1,500,000-2,555,000.

94566 Zip Code Overview

The Median Listing Price in Ruby Hill is $2.6 M. Price per Square Foot is $447 and the Median Closing Price is $2.1M (as per Realtor.com)

The median home value in 94566 is $1,040,100. 94566 home values have gone up 9.5% over the past year and Zillow predicts they will rise 1.4% within the next year.

Ruby Hill Lake

2016 Is Off to a Good Start in Home Sales

We may be on the verge of spring, but housing and economic reports work on a bit of a lag time. We’ve only just gotten the major data reports for January, and it’s giving us a clear-eyed view of how the real estate market is measuring up this year.

And yeah, things are looking good.

Job creation—arguably the most important factor in housing demand—is moving apace. January saw 151,000 jobs created. That level of employment growth is below 2015’s monthly average, but unemployment is now near 10-year lows and is in line with the current macro forecast from the National Association of Realtors® (NAR). This level of employment growth should translate into the 3% growth in housing sales we are expecting for the year.

Speaking of sales, January’s existing home sales report did not disappoint. Even though sales are taking longer to close, due to the implementation of new disclosure and closing forms and procedures, the pace grew 0.4% in January from December. Granted, that’s not a lot, but analysts had been expecting a decline. And from January 2015 to January 2016, existing home sales grew a solidly impressive 11%

The increase in sales is resulting in continued tighter-than-tight supply—measured by NAR to be four months in January.  For you non-economists out there, that metric measures the number of months it would take to sell the current inventory of available homes, at the current pace. Got it? Six to seven months’ worth of homes on the market is considered normal; four months is cray-cray.

This is driving prices higher and encouraging consumers who hope to buy this year to get started as soon as possible.

January’s new home sales and new home construction remained consistent with the pace of activity of the last several months. Still, the level of new construction still represents solid year-over-year growth, especially in single-family homes. The most encouraging sign: The median price of new homes is finally declining, as a result of the fact that builders are offering more affordable homes.

Finally, the most timely readings we can pass on come from our own observations at realtor.com that confirm that demand is growing rapidly at the start of the year, resulting in an acceleration in inventory movement that we typically do not see until March or April.

OK, not everything is rainbows and unicorns. The biggest negative trend impacting potential demand relates to the January and February declines in stock values, which have taken a toll on consumer confidence. But, even that negative trend has a silver lining: Mortgage rates are now substantially lower. The average 30-year conforming rate has stabilized at under 3.7%, giving buyers almost 5% more buying power than they had at the end of 2015, and strengthening their ability to meet the debt-to-income ratio requirement for a loan.

Net-net, pent-up demand appears stronger than any weakness caused by the financial markets. And the lower rates are encouraging would-be buyers to act sooner rather than later. With this strong start, 2016 should indeed see growth, but the biggest constraint will be the tight supply. 

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions.

This information has been compiled from the CAR, NAR website,MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

 

 

February 2016 State of Market in Ruby Hill, Pleasanton

Active – As of March 1, 2016 there were 11 active properties ranging from $2,149,000 – $4,499,000.

Pending – 7 Properties ranging from $1,469,950 – $3,199,000

Sold/Closed February, 2016 – 1 Property $2,210,000.

94566 Zip Code Overview

The Median Listing Price in Ruby Hill is $2.6 M. Price per Square Foot is $454 and the Median Closing Price is $2.1M.

The median home value in 94566 is $1,044,200. 94566 home values have gone up 11.4% over the past year and Zillow predicts they will rise 2.1% within the next year.

U.S. housing prices are likely to rise 5 percent in 2016: Poll

Despite expectations of Federal Reserve interest rate hikes, U.S. home prices are likely to rise 5 percent this year, followed by nearly as solid gains in 2017, a Reuters poll found.

The Fed hiked interest rates for the first time in a decade in December but the housing market remained robust, with home resales reaching a six-month high in January.

In 2015, home prices also gained 5 percent, despite widespread expectations of a Fed interest rate rise, according to the S&P/Case Shiller composite index of prices in 20 metropolitan areas.

For 2016, the S&P/Case Shiller index was seen rising 5.0 percent, according to the median expectation in a poll of 24 analysts. That compared with the 4.0 percent forecast in December’s poll.

Nine of the 14 common contributors between the two polls upgraded their forecasts, two left them unchanged while the rest downgraded.

In 2017, home prices will rise 4.0 percent, followed by 3.5 percent in 2018, the poll suggested.

“The housing recovery is quite sustainable in the U.S. and should continue at a moderate rate through this year and next,” said Sal Guatieri, a senior economist at BMO Capital Markets.

“We just don’t see interest rates rising meaningfully to slow the markets that much. Mortgage rates are likely to remain low in even if the Fed raises interest rates slowly,” he added.

Sales of Existing U.S. Homes Rise to Second-Highest Since 2007

Sales of previously owned U.S. homes unexpectedly rose in January to the second-highest pace since early 2007, indicating the industry will keep prospering.

Closings, which usually take place a month or two after a contract is signed, advanced 0.4 percent to a 5.47 million annual rate, the National Association of Realtors reported Tuesday in Washington. Prices climbed from January 2015 as the number of dwellings on the market fell.

Near record-low mortgage rates, steady job gains and better wage growth are helping encourage prospective buyers, including first-time purchasers. Further strengthening in residential real estate will support the economy and make up for weakness in manufacturing tied to weaker global growth.

The January sales pace was the second-strongest since February 2007. The median forecast of economists surveyed by Bloomberg called for a 5.33 million annualized rate, with estimates ranging from 5.08 million to 5.55 million. December’s pace was revised to 5.45 million from an originally reported 5.46 million.

Compared with a year earlier, purchases increased 7.5 percent in January before adjusting for seasonal variations. 

 

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions.

This information has been compiled from the CAR, NAR website,MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

  Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

 

State of Ruby Hill Pleasanton in April 2015

Active – As of May 1, 2015 there were 13 active properties in Ruby Hill ranging from $1,949,000- $5,948,000.

Pending – 11 Properties ranging from $1,399,950-$2,985,995

Sold/Closed April 1- April 30, 2015 – 6 listings ranging from $1,700,000 – $2,500,000

Pending home sales in April - May 2015

Pleasanton 94566 Overview

 The median home value in 94566 is $963,200. 94566 home values have gone up 6.5% over the past year and Zillow predicts they will rise 3.2% within the next year.

As per Trulia, Average price per square foot for homes in 94566 was $452, an increase of 5.4% compared to the same period last year. The average listing price for homes for sale in 94566 was $1,548,157 for the week ending Apr 22, which represents an increase of 3.2%, or $47,651, compared to the prior week.

Inventory Pending and Units Sold

Pleasanton-94566-1 year The Market Action Index was developed so that you can immediately know if it’s a Buyer’s or Seller’s market. 30+ indicates a Seller’s market.

Median MAI for 94566 Big

Double-digit gain in annual pending home sales suggests market will continue its upswing coming months, C.A.R. reports

Pending sales in San Francisco Bay Area, Southern California, and Central Valley regions jump

LOS ANGELES (April 22) – California pending home sales jumped in March to record three straight month-to-month and year-to-year sales increases, portending a solid upcoming spring home-buying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Pending home sales in the San Francisco Bay Area, Southern California, and Central Valley regions also posted back-to-back, double-digit monthly gains compared to February.

  • California pending home sales propelled higher in March, with the Pending Home Sales Index (PHSI)* increasing 16.3 percent from a revised 111.9 in February to 130.2, based on signed contracts.  The month-to-month increase was essentially unchanged from the long-run average increase of 16.8 percent observed in the last seven years.
  • Statewide pending home sales were up 13.8 percent on an annual basis from the 114.4 index recorded in March 2014.  The yearly increase was the second largest since April 2009 and was the fourth consecutive annual gain.
  • San Francisco Bay Area’s PHSI stood at 146.6 in March, up 17.4 percent from 124.8 in February and up 7.2 percent from 136.7 percent in March 2014.

Lawrence Yun, NAR chief economist, says contract signings picked up in March as more buyers than usual entered this year’s competitive spring market. “Demand appears to be stronger in several parts of the country, especially in metro areas that have seen solid job gains and firmer economic growth over the past year,” he said. “While contract activity being up convincingly compared to a year ago is certainly good news, the increased number of traditional buyers who appear to be replacing investors paying in cash is even better news1. It indicates this year’s activity is being driven by more long-term homeowners.”

Yun expects a gradual improvement in home sales in the months ahead but says insufficient supply and accelerating prices could be a drawback to sales reaching their full potential.

“Demand in many markets is far exceeding supply, and properties in March sold at a faster rate than any month since last summer2,” he said. “This in turn has pushed home prices to unhealthy levels — nearly four or more times above the pace of wage growth in some parts of the country. Simply put, housing inventory for new and existing homes needs to improve measurably to improve affordability.”

This information has been compiled from the CAR website, Redfin, MLS Data,Trulia, Zillow, Bay East Association of Realtors, Helpusellachievers.com and Realtor.com.

 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.meena.realtor

Try to price my home above market for a few weeks in Ruby Hill, Pleasanton, CA?

Overpricing your home will attract fewer potential buyers and may cause it to sit on the market for longer than desired. To a buyer, too much time on the market indicates an overpriced property that is perceived as an opportunity to negotiate a price lower than the market might typically bear.

Pricing your home competitively at the start will create more activity among brokers and buyers and will decrease the time it takes to sell.

State of Ruby Hill June 2014

Here are the current Pending Properties in Ruby Hill

As of  June 30, 2014 there were 11 active properties in Ruby Hill ranging from $1,895,000-$5,880,000.

Pending sales in Ruby Hill

Pending-8 Properties ranging from $1,250,000-$2,615,000.

Sold in June 2014 – 5 Properties ranging from $1,175,000-$2,280,000

Pleasanton Overview

94566 home values have gone up 5.8% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in 94566 is $424, which is higher than the Pleasanton average of $413.

Days on Market (DOM) for the Pleasanton area year-to-date is around 23. The median detached home price in Pleasanton for May was $953,000 As of the last day of May there were 78 active homes in Pleasanton. At current selling rates this means there is approximately 2 months of inventory in Pleasanton remaining.

 

Sales in Pleasanton 2013-2014

 

Consumer Confidence Improves in May

The Conference Board Consumer Confidence Index, which had decreased in April, improved moderately in May, and now stands at 83 (1985=100), up from 81.7 in April. The Present Situation Index increased to 80.4 from 78.5, while the Expectations Index edged up to 84.8 from 83.9 in April.

Mortgage Rates Fall to Lower Point Than 12 Months Ago (Mortgage Rates June 26th news By: Rachel Stults)

Fixed mortgage rates across the United States are lower than at this time last year. The average rate on a 30-year fixed mortgage dropped to 4.14% from 4.17% last week, according to the latest survey from mortgage buyer Freddie Mac. At this time last year, the average was 4.46%.

             Housing Income Levels in the 94566 Zip Code

      Demographics in Pleasanton

 

 

You can reach Meena at 925-425-9491

meena.gujral@comcast.net

Sell your Home For a LOW SET FEE

http://www.helpusellachievers.com

BRE# 00950378

 

This information has been compiled from the MLS Data, Bay East Association of Realtors website, Zillow, Movoto, Realtor.com and the CAR website.