Median detached home prices in Pleasanton declined compared to July to $752,500. However inventories continued to hover around a 3 month supply at the current absorption rate. The average days on market (DOM) is 58 for the Pleasanton area.
Compared to last year homes priced over $600k have been selling in higher numbers, which is very encouraging despite what is happening nationally. One significant contributing factor for higher home sales improving is that jumbo loans have been easing over the recent months.
Compared to last year homes priced over $600k have been selling in higher numbers, which is very encouraging despite what is happening nationally. One significant contributing factor for higher home sales improving is that jumbo loans have been easing over the recent months.
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