Pleasanton
November home sales were up by 12.5% as compared to the same time last year and
the year before. The market remains price sensitive and the median sale price
showed a negligible decline. At current selling
levels, the inventory remains at a paltry one month supply.
Inventory has continued to decline since May of this year.
More striking is the lack of inventory as compared to the same time last year:
YTD
home sales in Pleasanton for the period ending November were 642- approximately
16% higher than the previous year. The bulk of the sales were in the $600-799k
range. However the $1-2m range has also done extremely well as compared to
previous years.
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