Home Sales Jump 7.4 Percent in November
Foreclosures in Pleasanton Are Not The Only Hot Buy…
As a realtor in Pleasanton I like seeing good numbers coming out. Nationwide, existing home sales increased 7.4 percent last month from October. This is the highest increase in three years! This brought the overall homes sold this year to 6.54 million. Market expectations was 6.25 million homes.
The number of homes increased 7.4 percent for the month of November compared to October, the median home price fell 4.3 percent in November, from a year ago to $172,600. This is the smallest price drop since November 2007! A separate report from the U.S. Federal Housing Agency showed home prices increased 0.6 percent in October from September. CNBC
Those stats are on a national level, so lets look at our home’s value here in the Tri Valley (detached homes).
Pleasanton Home Sales Nov. ‘08 VS. Pleasanton Home Sales Nov. ‘09
November ‘08 – Average days on market 43, Average sold price $851,423, Average sold price per sq. $386, Number of homes sold 26. November Summary 2008
November ‘09 – Average days on market 43, Average sold price $937,412, Average sold price per sq. $359, Number of homes sold 39. November Summary 2009
Dublin Home Sales Nov. ‘08 VS. Dublin Home Sales Nov. ‘09
November ‘08 – Average days on market 30, Average sold price $659,049, Average sold price per sq. $307, Number of homes sold 14. November Summary 2008
November ‘09 – Average days on market 22, Average sold price $621,072, Average sold price per sq. $277, Number of homes sold 24. November Summary 2009
Livermore Home Sales Nov. ‘08 VS. Livermore Home Sales No. ‘09
November ‘08 – Average days on market 52, Average sold price $485,604, Average sold price per sq. $272, Number of homes sold 68. November Summary 2008
November ‘09 – Average days on market 27, Average sold price $495,183, Average sold price per sq. $248, Number of homes sold 55. November Summary 2009
San Ramon Home Sales Nov. ‘08 VS. San Ramon Home Sales Nov. ‘09
November ‘08 – Average days on market 38, Average sold price $824,560, Average sold price per sq. $312, Number of homes sold 33. November Summary 2008
November ‘09 – Average days on market 42, Average sold price $715,456, Average sold price per sq. $312, Number of homes sold 40. November Summary 2009
Danville Home Sales Nov. ‘08 VS. Danville Home Sales Nov. ‘09
November ‘08 – Average days on market 52, Average sold price $896,692, Average sold price per sq. $338, Number of homes sold 20. November Summary 2008
November ‘09 – Average days on market 57, Average sold price $978,805, Average sold price per sq. $384, Number of homes sold 32. November Summary 2009
The Moxley Team | December 22, 2009
Tagged: danville home sales, dublin home sales, livermore home sales, Pleasanton home sales, san ramon home sales
Where Have All the Deals Gone?
Have you missed the boat? Maybe…
Dublin Ranch Condos pricing and homes for sales in Pleasanton, CA are on the rise.
For the past year or so we have had a lot of home buyers telling us something along the lines of “We want to buy a home, but are not in a rush, we really want a good deal.” That is a fair statement to make, but unfortunately, the ship of deals may have sailed… Here are a few examples of what we mean. In the past few months we have seen a surge in the number of offers being placed on homes as they come on the market. Homes come on the market and receive offers within a few days.
This link is for Pleasanton homes that were listed in the last 30 days and are now pending. The days on MLS is located about half way down the page. Pleasanton Homes DOM. We have seen pricing from the beginning of the year on the rise. Dublin Ranch Condos have seen an increase in pricing from $330,000 in March to $385,000+ now. Up the hill in the Lennar development a home was sold in January for $600,000 and came on the market last Friday and is pending at $629,000 (accepted offer was likely higher). In Pleasanton the Jensen/Amador neighborhood had home sales in March at $500,000, now comparables are above $550,000. Prices are coming up in many areas, there are more multiple offers on homes and the overall confidence is improving. A few examples are below
Months Supply of Tri Valley Homes:
In October 2008 months supply for Pleasanton homes was 8.19 months, Dublin was 6.93, San Ramon was 6.59.
The latest update we posted September home sales 2009 had Pleasanton home at 2.33 months, Dublin was .86, San Ramon was 1.82 months supply
Stock Market:
In the past year, as you know the DOW has climbed 13% and is up from its low in March ‘09 of 6,469 to over 10,000. Also as companies report their Q3 earnings many of them beat the streets expectations on earnings, driving the stock market higher.
Consumer Confidence:
Recent data out shows overall people are becoming more optimistic Julia Boorstin.
What are your thoughts? Do you think there are still opportunities to find good deals on housing and has the market hit bottom?
Tri Valley Home Sales December 2008
Pleasanton Home Sales, Danville Home Sales and Dublin Homes sales did not do as well in November as they did in October, but lets be honest with Thanksgiving past and Christmas right around the corner the buying and selling is at the Stoneridge Mall. Pleasanton Home buyers and Dublin Home buyers should take note… If a home is on the market right now, chances are they are motivated more than someone selling in the summer – they are looking to make a deal, and this goes the same for a home seller too. If a home buyer is looking this time of year, chances are they are a bit more serious. Here are a few Home Selling Tips and a few Home Buying Tips.
Below are the Tri Valley home sales by city. Sold homes in November ‘08
The Moxley Team | December 11, 2008
Tagged: Danville homes, dublin homes, home sales, Livermore Homes, Pleasanton Homes, San Ramon Homes
Update Tri Valley Home Sales November 2008
After I did my duty of voting and then posting the Pleasanton Election Results and Dublin Election Results the following day I ran the home sales numbers as I do every month and was excited to see Pleasanton Home Sales, Danville Home Sales and Dublin Homes sales did very well in October. Below are home sales for the Tri Valley cities.
Tri Valley Home Sales November 2008 – Octobers numbers
The Moxley Team | November 7, 2008
Tagged: dublin home sales, Dublin Ranch Homes, livermore home sales, Pleasanton home sales, Pleasanton Homes, pleasanton realtor, san ramon home sales, Tri Valley home sales
Tri Valley Homes Sales Update October ‘08
Did you hear the news! Congress OK’s a Rescue Plan. We will not feel the effect of the plan on Pleasanton Home Values, Dublin Home Values, Danville Home Values, San Ramon Home Values and Livermore Home Values for some time. So… here is what we do know, the the stats from the home sales in the Tri Valley are below.
Tri Valley Home Sales Update October ‘08
The Moxley Team | October 3, 2008
Tagged: danville home sales, dublin home sales, Dublin Ranch Condos, Dublin Ranch Homes, livermore home sales, Pleasanton home sales, Pleasanton Homes, san ramon home sales
Pleasanton Market Update
November saw close to the same numbers as October regarding available homes on the market with the number of sold homes slightly off from the previous month. November of 2005 saw 57 sold homes with 64 available at the end of the month. We are not yet in the clear when it comes to numbers of a year or two ago, but many feel 2007 will be a good year with 2008 doing very well. Look for our future postings where we will be covering forecasts for 2007 and 2008.
Click the graph below for a larger picture
-
Neighborhoods
-
Search Past Articles
-
Email Newsletter
Don't miss any valuable news and information on Pleasanton and Dublin real estate. Receive blog articles by email.
-
Search for Homes
Recent Comments:
- Jon: I like how they keep talking about “receiving money”. Have any of you figured out exactly how much?...
- Erika Schmitz: I am so sad as an environmentalist to see Measure D defeated. Pleasanton is currently being sued by...
- Ben Coberly: I don’t know if that was the best economical decision for Pleasanton, but I can tell you that area...
- Jim Jordan: The Lin family owns the property. It is within the urban growth boundry. It is approved for 98 homes....
- becky sando: why should we ruin our hills that we have to build houses. we dont need more houses in pleasanton
