Pleasanton Market Reports, Detached Homes, November 2011 94566, 94588

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Real Estate Agent with Alain Pinel Realtors, Pleasanton, CA BRE#01732313

Pleasanton Detached Homes, Median Sold Price, November, 2011

Graphically this looks like a huge dip, but it's a 6% change over last year. One thing interesting to note when seeing these types of change - closed sales for a particular monthprobably went pending (based on average days on market) sometime in August or September, but closed in October or November. Fewer buyers are in the market during those months, so the longer a property stays on market, the more likely a price reduction is at play.

Pleasanton Detached Homes, Supply & Demand, November 2011

aSupply is down 20%, and demand only down by 2%. Let's hope those ratios play out favorable when looking at potential closings in December and January.

Pleasanton Detached Homes, Average Days on Market, November 2011

This chart follows a fairly predictable curve. Less time on market during early spring and summer, when buyers are out in force, and longer market time during fall and winter months.

Pleasanton Detached Homes, Month's Supply Inventory, November 2011

Again, not an unexpected pattern. Fewer properties go on the market in Fall and Winter, so inventory naturally adjusts down.

 

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