There were 21
homes on the market by May end– eleven of them have been on the market for over
one month and all of these are priced over $2 million. None of the active
listings are distressed properties. The price per square foot ranges from $347
psf to over $600 psf averaging at the $400 psf mark.
There were 13
pending homes at this time. Eight homes went under contract in April. It is common
for homes priced under $2 million to go pending within two weeks of hitting the
market. Homes priced under $1.5m sell even faster with multiple offers. The
lone short sale has been pending since last year. The average price per square
foot of the pending homes is $372 psf. Five of the pending homes are priced
over $2m.
21 homes closed
by April end, one was bank owned (3450 Mercato). Seven homes sold at or above
asking price . The average price per square foot is around $390 psf for the
selling price.
|
April End
|
Total
|
Bank owned share
|
Short Sale Share
|
|
Active
|
20
|
0
|
0
|
|
Pending
|
13
|
0
|
1
|
|
Sold to date 2013
|
21
|
1
|
0
|
If you are intersesting in buying or selling a home in Ruby Hill, Pleasanton, Ca please email me at Anju@RubyHillLiving.com
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