Pleasanton home sales for April 2009 and Dublin Ranch Condos are HOT. I used the same opener last month, but nothing has changed. Multiple offers are back in style and if you are a Dublin Ranch Condo buyer or a Pleasanton home buyer under $600k then you know this as well. Fueled by the $8,000 tax credit, low interest rates and cheaper mortgage payments than rents in a lot of areas, the housing market in the Tri Valley is again taking off. For the month of April we had more buyers participate in multiple offer bidding wars and our homes listed for sale were receiving multiple bids as well. We were even apart of a 12 offer multiple bid in Dublin Ranch. Times are changing when buyers expect to increase offers.
Is the market recovering? Depends on who you talk to… i believe we still have room to go in the upper end of the market, but homes below $600k are flying off the market.
Tri Valley Home Sales for April 2009
Let me know your thoughts, data is above and we have posted home sales for the last year…