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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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.

Are the Pleasnton schools better than Dublin? Can I send my child to the better school?

School kid

Dublin and Pleasanton both have good schools, but if you are looking for the better of the two, based on the Great Schools score, Pleasanton is better than Dublin.


Follow the link below to see the comparison of two of the best schools in Pleasanton and Dublin.
http://www.greatschools.net/cgi-bin/cs_compare/ca/?level=e&a…

If you live in Dublin, you cannot send your child to Pleasanton unless you qualify for an inter district transfer and not all schools allow that. You need to check with the school district.

 If you are looking for Pleasanton homes for sale, Homes for sale in Dublin Ca., or a real estate agent specializing in the East Bay, please call Meena Gujral at 510-279-9580.

 

Homes sold and listed by Meena in Pleasanton

 

http://www.helpusellachievers.com

 

To see all my virtual tours click:

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Is it a good time to buy in Ruby Hill, Pleasanton?

 

Happy family

Many people still aren’t sure if homeownership is feasible. Prices, interest rates, mortgage lenders and market speculation are just a few of the things that are cause for concern among those looking to buy a home.

 

This recent downturn is allowing the California real estate market to correct itself to more affordable levels. Real estate especially in Ruby Hill Pleasanton, California should be seen as a minimum five- to seven-year investment in order to give your home time to gain equity. With that average in mind, real estate is a solid investment.

 

But beyond investment and tax benefits is the security and enjoyment a new home can bring in an exclusive area with pristine estate homes built around the Ruby Hill Golf Course.

 

The truth is homeownership is within grasp of more prospective new buyers looking in Ruby Hill, Pleasanton in today’s new home market with prices at their lowest levels since 2004, and relatively low interest rates make real estate investment a very good idea right now.

 

How long is this “Buyers Market” going to last? No one can actually predict, however the typical cycle in real estate starts to change when inventory shrinks below demand, driving up prices.

 

If you are looking for Pleasanton homes for sale, Homes for sale in Ruby Hill Pleasanton Ca., or a real estate agent specializing in Ruby Hill, please call Meena Gujral at

510-279-9580. 

 

Homes sold and listed by Meena in Pleasanton

 

http://www.helpusellachievers.com

 

 

 

 

 

Choosing the right agent in Ruby Hill, Pleasanton, California

couple with agt sold sign

At a minimum, speak with 2 or 3 brokers from different agencies. Ask prospective brokers the same list of questions in order to compare their answers. Find out what they would do to sell your house in Ruby Hill, Ca. Above all, choose a broker that you feel comfortable with and like. This person will help you make the biggest sale of your life, so find someone you think will do a good job!

 

The following is a list of questions that may be helpful to ask while speaking with prospective real estate brokers:

1. How many years have you been in business?

2. How many homes have you sold in Ruby Hill?

3. How many houses did you sell in the past year?

4. What is your commission?

5. If I were to work with you, how would you market my house in Ruby Hill, Pleasanton?

6. Will you organize meetings with potential buyers and will you coordinate them personally?

7. Can you give me names and telephone numbers of other families that you have represented in Ruby Hills that have used your services?

 

If you are looking to sell a home in Pleasanton, California,  Homes for sale in Ruby Hill Pleasanton Ca., or a real estate agent specializing in Ruby Hill, please call Meena Gujral at 510-279-9580

API Scores in elementary schools Pleasanton California before buying a house

elementary school

I currently live in Pleasanton and moved there because most of the schools in Pleasanton are excellent. My daughter goes to one of the high schools in Pleasanton, Ca.

Below is the link to the elementary schools in Pleasanton. Please go to the link and see the scores. Then you may want to find a home in that area. Please call the school before you buy the home to make sure that it will be within that school district. Some of the schools have a waiting list. There is no guarantee that your child will get into that particular school so it is always safe to call the school directly before making a move.
http://www.greatschools.net/schools.page?city=Pleasanton&lc=…

If I can be of further help in answering questions on the great community in Pleasanton, please feel free to e-mail meat meena.gujral@comcast.net

If you are looking for homes for sale in  Pleasanton, real estate in Ruby Hills Pleasanton, or a real estate in Pleasanton, please call me at 510-279-9580

 

Meena Gujral

Help-U-Sell Achievers Realty

925-425-9491