Foreclosures in Pleasanton:

NODs (notice of default) were up by 13.64% in July over the previous month but down by about the same percentage compared to last year. The NOS’s (notice of sale) were down: by over 35% in June as compared to the previous year and about the same as the previous month. NOS’s (notice of sale) were down by over 41% from the previous year. The highest number of NOS’s were issued to properties priced over $1 million.

For more information please visit www.anju4homes.com or www.RubyHillLiving.com

Pleasanton Home Sale Activity

Pleasanton overview

Homes priced up to $799k have done considerably better in sales as compared to previous years. No doubt raising the conforming loan limits to $729k (due to expire shortly), contributed to this significantly.  Homes priced over $2 million continue to fare poorly in sales.

The average days on market fell considerably from the previous month, whilst supply stayed steady. The 200 active homes in Pleasanton represent a 3 month supply at current absorption rates which is healthy. The median price for July was $789k higher than last year’s $785k at this time.

For further details please visit www.anju4homes.com or www.RubyHillLiving.com

Ruby Hill Homes Sales in August

August saw some good activity in Ruby Hill with low inventories in the under $2 million price range.

August end	Total	Bank owned share	Short Sale Share
Active	24	1	2
Pending	13	0	6
Sold to date 2011	36	2	4

8 new homes came on the market in August. 11 of the active inventory homes are priced over $2 million and 10 have been on the market for over 3 months. The question is often asked as what the going psf (price per square foot) rate is in Ruby Hill these days. This varies considerably depending on the quality of the home construction, the yard, the views, short sale/bank owned and so forth. Currently active properties range from $280-$545 psf!

8 homes went under contract in August – very healthy activity, given that higher end homes have not been selling well nationwide. Unfortunately a good chunk of these homes are short sales.

Of the 36 homes that have sold this year, the psf has ranged from $248 (short sale)-$397, averaging at $347 psf. An encouraging point to note is that 24 of these homes were on the market for less than 2 months before receiving an offer!

Contact Anju at www.anju4homes.com or www.RubyHillLiving.com

Pleasanton ranks high for liveability!

Check out this Pleasanton Weekly article:
http://www.pleasantonweekly.com/news/show_story.php?id=7817&e=y
Go Pleasanton!!