April home sales were higher than this time last year, even as inventory continued to slide to just over one month. Home prices were up, as home sold close to asking – over 98% of list price. Many homes in the median price range are selling with multiple offers and often over asking, due to high buyer demand. There were only 87 active homes in all of Pleasanton at April end.
Although 2012 sales to date have been lower than the previous year, this has been due to lower inventory as opposed to lack of buyer demand. The average days on market has fallen to 33 days in April. At current selling rates there is just over one month supply of inventory. Sales have been much higher than 2010, 2009 and 2008.The strongest sales has been in the $400-$2million price range.
For more details or if you thinking of buying or selling your home in Pleasanton, please contact Anju at anju@anju4homes.com or http://www.anju4homes.com/
Although 2012 sales to date have been lower than the previous year, this has been due to lower inventory as opposed to lack of buyer demand. The average days on market has fallen to 33 days in April. At current selling rates there is just over one month supply of inventory. Sales have been much higher than 2010, 2009 and 2008.The strongest sales has been in the $400-$2million price range.
For more details or if you thinking of buying or selling your home in Pleasanton, please contact Anju at anju@anju4homes.com or http://www.anju4homes.com/
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