The Pleasanton real estate market has 190 homes for sale. There were a total of 7 new listings and 15 price reductions this week. There also was a new trend this week, find out what here!
4643 Mohr Ave, Pleasanton
Wow! This home is absolutely beautiful! Great open floor plan with kitchen/family combo room. This home has had over $60k of recent upgrades including remodeled kitchen and bathrooms, hardwood flooring, crown molding, and much more! The home sits on a large corner lot that is perfect for side yard access for a boat or RV. Don’t miss this great opportunity!
Pleasanton, CA 94566
More Inventory!
Today there are 233 Pleasanton homes for sale! Eight weeks ago there were 175 homes for sale in Pleasanton. That is over 50 more, so what does that mean. In short we have more of a balanced market. When you have balance you have similar amount of buyers as seller. When this happens there are good negotiations, and more homes to view.
For the first quarter of 2011 there have been more buyers than sellers, which lead to multiple offers. On several occasions sellers have received multiple offers for their homes and sometimes got more than they were asking.
In today’s market that is less likely that to have multiple offer because in most price ranges there are several nice, well priced homes. Buyers tend to shy away when they hear a home has an offer on it. With the amount of homes that are for sale in Pleasanton now, a buyer can move to next home.
My prediction is things will continue to gradually increase as for as inventory, although that will not equate in a decline in prices. Buyers may be able to nibble a bit more from a seller’s asking price, but what we have learned over the past several years is that Pleasanton home owners are smart. As values declined so many sellers took their home of the market to ease the slide in values. Surrounding areas lost 40-50% in values yet Pleasanton 20-30%. Pleasanton homeowners can thank themselves for that!
Take advantage of this great market place right! Interest rates are great, there are a lot of homes out there and lastly values are awesome!
New Pleasanton Listings
Pleasanton introduced 14 new properties for the week of November 1st. The inventory for Pleasanton homes for sale has been declining rapidly. There are only 215 properties for sale. Fortunately this week there are a few nice ones to discuss. Valencia is a subdivision in Hacienda Business Park that introduced 5190 Genovesio Dr to the market. This home was built in 1995 and it is listed at $699k. Bridle Creek has a new listing on 836 Summit Creek Ln. This home is a single story listed at $1,200,000, and it is a foreclosure. The best buy of the week is 7759 Country Lane. Country Lane is a special location off Foothill Rd. on the South end of town. This home is 3496 sq ft on almost a full acre. The list price is 1,1,000,000 which is a great price for a special property. You can view pictures for these properties by click here!
Why Isn’t My Home Selling?
This a common question these days and there are a lot of variables that go into answering this question. Certain markets are cruising right along, and others are not. In both cases there are homes that are not selling and there are certain things to look at. First of all is your home on the local MLS? Having your home on the MLS is a must. Realtors working with buyers use the MLS as the backbone to placing buyers in homes. All of our research is done on the MLS, are commissions set and we need the MLS. Secondly how is your home being marketed? The days of print advertising are dwindling away and the internet is helping 90% of buyers finding their homes. What websites is your house on? The three most important ones are zillow, trulia, and realtors.com. It is essential that your home is on these websites and hopefully many more. How does your house show? Meaning if an agent calls to make an appointment to view the home are you opening the blinds and turning on the lights? Have you moved out as much clutter as possible? Do you keep the lawns mowed, and the beds made? You have to make your home a presentable as possible. Sometime staging is necessary or in other case you might need to store some of your belongings in storage. Finally how is your home priced? Over the past couple of years values have come down and pricing is the most important factor. Your realtor should have a comprehensive market analysis for your property to be sure your home is priced well to start with. So if all of these aspects have been covered and it still has not sold then what? Well you gauge how your home is doing based on what the buyers are saying. It is the realtor’s job to contact each agent and find out the positives and negatives of your home, and ask as many questions to get back to you. Based on what buyers are saying is the direction you can take to help sell your home. Open houses are a good tool to expose your home but really agent showings are the best way to get honest feedback. Now if you are not getting agent showings then you have a problem. If all the aspect have been covered that were just explained then you have to dig a little deeper. Are any other homes selling? What do they have that I don’t? Is my selling commission the same as the others? At this point you need to gather answers to these questions and then try some different things to jump start your home. You can take it off the market and place it on again as a new listing. You can increase your selling commission to selling agents. You can maybe make some cosmetic changes if needed such as carpet or paint. Finally you can reduce the price to make it even more competitive. Remember your home is only worth what a buyer will pay for it! Good Luck!
New Pleasanton Listings
The week of Oct 3-10 introduced several nice properties to the market. 4246 Katie Ln. is nice house in a good location in Sycamore Place. This home is well price at $595k with 3 beds 2.5 bathrooms. 647 Bonita Ave is a beautiful home in Pleasanton Heights. This home is a “pottery barn special” with every detail looking perfect. 5080 Black Ave is a Country model in Pleasanton Valley. This is an original Country model what has an add-on off the back two bedrooms. The add-on is a little too deep which created some wasted space. The finest home of the week is 5881 Stonecliff Vista Ln in Canyon Oaks! This beautiful home is 4 bedrooms 4 bathrooms with a 2 car garage with 3365 sq ft of living space. This home has great views of the valley and Mt Diablo. The home was built in 2004 and it still looks brand new!
