TriValleyHomeSearch.com

The ultimate source on Pleasanton, Dublin, and Livermore Homes

Pleasanton Real Estate

Tri-Valley Real Estate Market Update August 2022

by

The phrase, “What a difference a year makes” could not be more appropriate than in today’s Tri-Valley real estate market.

Last year at this time, homes in Livermore, Dublin, and Pleasanton, as well as the rest of the Bay Area, were selling within days of being on the market. Hordes of buyers competed for the limited inventory, some paying cash, others offering tens of thousands of dollars over asking price, and many waving contingencies.

Currently, the August 2022 Real Estate market update for the Tri-Valley reports more inventory and lower prices.

Home Prices Lower for the First Time in a Year

Overall, home sale prices dipped to record low prices for the second month in a row, even dipping below July 2021 prices.  While the Tri-Valley isn’t quite as indicative as the rest of the East Bay, we aren’t seeing the record pricing we did last year.

According to David Stark of Bay East, rising interest rates and concern that prices are still out of buyers’ reach are responsible for guiding these changes.  

Livermore Home Sale Reports

Livermore homes for sale have more than doubled since last year, with 67 homes for sale last July and 137 homes for sale this July, a change of 104%.

Livermore home prices remain fairly the same year-over-year, with July 2021 averaging $1,155,000 and July 2022 averaging $1,160,000.

Sales in Livermore are down from 116 last July to 74 this July, a decrease of 36%.

Pleasanton Home Sale Reports

Pleasanton is seeing a 115% increase in homes for sale from July 2021 to July 2022. Last year at this time, there were 40 homes for sale; homes for sale in July 2022 numbered 86.

The average home sales price in July 2021 was $1,685,000 compared to the average home sales price in July 2022, which was $1,705,000, a 1% difference.

Pleasanton home sales are down from last year. 98 home sales were reported in July 2021, but only 61 home sales were reported in July 22. This is a 38% drop in home sales in a year.

Dublin Home Sale Reports

The number of Dublin homes for sale from July 2021 compared to July 2022 is up by a staggering 192%. Last July, 26 Dublin homes were for sale compared with 76 homes for sale in July 2022.

Average home sale prices are down in Dublin by 1% year over year. July 2021’s average home sale price was $1,575,000 compared to $1,555,000 in July of 2022.

In keeping with the trend, Dublin home sales are down year over year, with a reported 68 homes for sale last July and 32 homes for sale in July 2022, a 53% drop.

(Source)

The Gamache Team is Your Tri-Valley Real Estate Team

With so much volatility in the stock market, interest rates rising, and home sales decreasing, it’s important to work with a real estate team you can trust.

For a more comprehensive look on your Tri-Valley real estate needs, contact The Gamache Team; we’ve been through all seasons of the real estate market and are equipped to guide you with your personal real estate goals.

Great News for Pleasanton!

by

If you are a resident of Pleasanton or you are looking to relocate to Pleasanton, The Gamache Team would like to share some of the great happenings in this city!

In the latest Streetwise Report of California’s 50 Safest Cities of 2022, Pleasanton jumped up 16 spots to be the 33rd safest city in California. Researchers rank California cities based on crime (property, violent, package theft, and gun violence) and compile their findings in an annual report. 

Other neighboring cities of San Ramon and Danville made the short list, with San Ramon being ranked at number 11 (up from 25), and Danville securing its number 1 spot for the third year in a row. 

Donlon Elementary School Field Update

Residents in Pleasanton are cheering among reports that Donlon Elementary School Field will be considered for removal from Pleasanton’s Housing Element site inventory list. Instead, the field will be considered by the district to be used as a space that benefits both the school and the neighborhood. 

The decision to remove the school brings approval and excitement from school families, students and the community in and around the school who want the field to be used to play on.

Music on Friday Nights in Pleasanton

The popular Concert in the Park series in Pleasanton that began on June 10 and ends on August 26 continues to draw crowds of people. The weekly event brings families together at Lions Wayside Park in Pleasanton and features “an eclectic mix of music from classic rock, blues and big band to today’s hits.”

The concerts last from 7-8:30, but residents are encouraged to set up chairs and blankets earlier; enjoy dinner; play on the grass; and socialize. The Concert in the Park series is sponsored by Pleasanton Downtown Association (PDA).

Pleasanton Home Sales Prices are Up 22% 

Pleasanton homes sales prices are up 22% since last June according to David Stark from Bay East. Despite record inflation and an increase in interest rates, Pleasanton home sellers continue to enjoy the prices buyers are willing to pay for their properties. 

The Gamache Team sold three homes in Pleasanton since May and has an 8 bedroom, 8 bath quadruplex listed for sale for $2,500,000. 

Contact The Gamache Team for Your Pleasanton Real Estate Needs

If you or someone you know is looking to buy or sell in Pleasanton, please feel free to reach out to us for all the latest community and real estate information. (925) 918-0332. Dan@gamacheteam.com.

 

Three Homes for Sale in Pleasanton

by

The Gamache Team is pleased to present three homes for sale in Pleasanton. Whether this is your first home, a move up, an investment property, or your forever home, The Gamache Team has a home just for your needs!

4435 Entrada Drive, Pleasanton

Walk to downtown Pleasanton from this 4 bedroom, 3 bath, single story home with both a spacious master suite and a junior suite! Entertain in your pristine kitchen with white cabinetry and stainless steel appliances; move the after dinner conversation into your large family room; enjoy summer nights on your patio deck complemented with pavers and space to play in the yard. 4435 Entrada Drive in Pleasanton is priced at $1,775,00. 

Open House Saturday and Sunday from 1-4 pm. 

3515 Bernal Avenue, Pleasanton

Investors, this is your chance to own a premier 4-plex in Pleasanton. Each townhome-style unit includes two large bedroom and two baths, inside laundry, and private patio. Other selling points include ample parking, a community pool, and a great location. 

Residents will enjoy the short walking distance to shops, parks, schools, restaurants, and the buzz of downtown Pleasanton. 3515 Bernal Avenue is priced at $2,500,000. 

Open House Sunday, May 15th at  5327 Blackbird Drive, Pleasanton

Take a look at this birdland home in the hallmark subdivision of Pleasanton. Located near the heart of Pleasanton and backing up to Pleasanton Sports Park, this home features 4 bedrooms and 3 baths with one bedroom and full bath downstairs. Priced at $1,750,000.

Enjoy a remodeled kitchen and baths, genuine hardwood floors and new carpeting. A huge yard has so many possibilities to make it your own by adding a pool, play structure, bocce ball court, garden, sitting area.

Access your RV or boat on the side yard. There are so many possibilities for this home! Get more details and see more details here.

Open House Sunday 1-4 pm. 

 

 

 

Should I Stay or Should I Go? The Deciding Factors to Sell or Stay in the Tri-Valley

by

If you, like many residents in the Tri-Valley, are contemplating whether or not to cash in on the hot real estate market, you may be interested in the latest market statistics.

These statistics, along with information provided by a professional Realtor®, may be the deciding factors to put the for sale sign up on your property or bunker down for the holidays and the coming year and stay in place.

Market Statics to Help You Decide Whether or Not to Sell in Dublin, Livermore, or Pleasanton

According to MLS market reports regarding Dublin, Livermore, and Pleasanton

  • Alameda is still seeing a low supply of homes for sale, but the demand is very high.
  • Median home prices have jumped significantly due to fair market value.
  • Home sales of more expensive homes have increased.
  • Some buyers are paying cash for homes.
  • Multiple offers above asking price are not uncommon.
  • Home prices are reaching their peak.
  • The hot summer market is continuing through autumn.
  • Q4 is expected to remain more active than previous years.
  • Contracts for pending homes is up 32% over last year.
  • Sales of higher priced homes is on the rise.

The Tri-Valley Market Predictions for 2021

According to Leslie Appleton-Young, Vice President and Chief Economist of the California Association of Realtors® (C.A.R.), home sales will continue to improve through 2021. She based her predictions on growing buyer demand and low inventories which will most likely cause an increase in pricing.

Other factors that indicate home sales will rise:

  • Continuation of low interest rates
  • Growing consumer confidence
  • Ability to work from home
  • Need for school study area and home office
  • Delayed sales due to pandemic
  • Desire to move away from large cities to a more suburban or rural lifestyle
  • Trend to buy a more luxury home with more space
  • Buyers want a better quality of life

If You or Someone You Know is Thinking of Moving, Please Contact The Gamache Team

With years of real estate experience under their belt, The Gamache Team has been helping Tri-Valley buyers and sellers with their real estate needs for decades. Now more than ever, the home is more than just a home; it’s a place to work, learn, grow, gather, and play.

Today’s home represents a way of life. With these changing times, residents are realizing their needs may not be met in their current home situations, so they are turning to The Gamache Team to find them a home that better fits their needs.

If you are in the market to buy or sell a home, contact The Gamache Team.

 

Update on the Tri-Valley Real Estate Market

by

In all the decades we have been selling real estate, we can unequivocally say we have never encountered a real estate market such as today’s.

When the Tech Bubble burst in 2000 and the Housing Bubble burst in 2008, we saw a downward shift in the market. Homeowners panicked at the thought or reality of losing their homes as house prices plunged.

Despite the Pandemic, home prices are staying strong, with buyers often paying over asking price and sellers sometimes receiving multiple offers.

Low home inventory and historically low interest rates are credited with the shift in a hot summer market, replacing the 2020 dormant spring market.

Pending Home Sales Increase in June

According to the National Association of Realtor’s (NAR) July 29 report, pending home sales increased by 16.6%, keeping up a two month trend. Compared to year-over-year, 2020’s pending contracts are higher than 2019’s.

Sale Prices for Homes in the Tri-Valley Area

Curious to know what home sale prices are for the Tri-Valley area? Here is the latest update from June 2020 through July 29, 2020 for Dublin, Pleasanton, and Livermore.

Sales for Detached Homes and Condos/Townhouses

 

# Sold Detached

# Sold Condo/ Twn

Avg Sale Price Detached

Avg Sale Price Condo/Twn

Dublin

88

62

$1,089,000

$677,500

Livermore

211

52

$850,000

$660,000

Pleasanton

158

29

$1,289,000

$730,000

Contact the Gamache Team for all of Your Real Estate Goals and Objectives 

Whether or not you are thinking of selling your home or buying a new one, we would appreciate you considering us as your professional Real Estate Consultants.

If you have any questions about the market or real estate in general or need a reference for your home, we are offering our knowledge to you. Please contact us at (925) 918-0332 cell or email dan@gamacheteam.com.

Stay safe and well!

Multiple Homes Pending in Pleasanton and Livermore! Real Estate Updates from The Gamache Team

by

While the real estate market had a bit of a hiccup in spring, summer has more than made up for spring’s time off. 

The real estate market is one of the strongest we have seen in a long time, with sellers often receiving multiple offers, often over asking price, and buyers enjoying low rates that help them afford more home.

The Gamache Team had multiple homes hit the Pleasanton and Livermore markets in June,  and these homes went pending in days!

This is great news for sellers who are ready for their next chapter and buyers who are eager to get into their dream homes.

The Gamache Team’s Pending Homes in Pleasanton and Livermore

The Gamache Team is excited to announce three homes that are currently pending. 

2491 Ancona Circle, Livermore

This beautiful 5 bedroom, 4.5 bath home in the Falbrook neighborhood of South Livermore is listed at $1,529,000. Buyers fell in love with this picture perfect home with all the bells and whistles. 

From its impeccable upgrades, spacious design, mature fruit trees, privacy, and 4 car tandem garage, 2491 Ancona Circle has everything a homeowner desires. 

4869 Livingston Pl, Pleasanton

This single story, custom built home resides at the end of a cul-de-sac and is surrounded by open space. 

Buyers were not lost by the majestic features of this 4,040 square foot home with 4 bedrooms, 3.5 baths on a 14,811 sq ft lot. Listed at $2,399,000, 4869 Livingston Place includes a professionally appointed kitchen, a luxurious master retreat, and upscale comforts and features. 

5650 Hansen Dr, Pleasanton

Location, location, location! 5650 Hansen Dr. is within walking or biking distance to nearby parks, dining, shopping, and all three award winning Pleasanton schools!

This 4 bedroom, 2 bath 1,527 square foot home has been remodeled inside and out! Spectacular features of this home include its flowing floor plan with great room, custom built-ins, inviting front porch, natural lighting, and paver-stone walkway and rear patio. Attractively offered at $1,199,950, it’s one of the finest single story homes in Pleasanton’s Del Prado neighborhood. 

Thinking of Moving? Let The Gamache Team Help You!

The Gamache Team is the perfect blend of experience, energy, and knowledge to offer unmatched service to all our clients! In any phase of real estate, The Gamache Team is prepared to handle it with you. With over 20 years of Tri Valley real estate experience, The Gamache Team is ready to give you the best service possible! 

Please contact us to help you with your real estate needs. 

Back To Top