Wednesday, May 16, 2012

[Pleasanton] - RealWatch, New: 9, Reduced: 3, Sold: 22

The Last 7 Days of Market Activity for Pleasanton

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Don Datanagan
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RealWatch for Email Lists Pleasanton 
Category
Description
Market Overview
Sellers Market in the Bay Area -

It's a sellers' market across the Bay Area, with buyers in April snapping up properties in all six counties. 

Generally, a housing market favors sellers when more than 35 percent of homes are in contract, and a buyers' market is indicated when less than 25 percent are in contract. A market is considered balanced when 25 to 35 percent of the homes are in contract.     

Here's a snapshot of the percentage Bay Area homes in contract at the end of April:

  •  San Francisco: 40 percent  
  •  East Bay (Alameda County): 41 percent   
  •  Sonoma County: 46 percent    
  •  Contra Costa: 48 percent   
  •  Marin: 48 percent    
  •  Napa Valley: 55 percent     

Market activity during the last 7 days (single family homes):
  • 9 - Newly Listed Homes for Sale (last week)
  • 3 - Price Changes of Previously Listed Homes (last week)
  • 22 - Sold Homes (last week)
Over all Property Inventory Statistics for Single Family, Condos and Townhouses:
  • 124 - Total Number of Properties Currently For Sale in Pleasanton
  • 12% of the total number of homes (15 properties) for sale in Pleasanton are distressed sales (REO, Short Sale)
  • 6 - Total number REO's (Bank Owned) properties for sale in Pleasanton
  • 9 - Short Sales - Total number of properties trying to complete a short sale in Pleasanton

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