Professional Documents
Culture Documents
PLEASANTON, CA
Current Real Estate Market Conditions for Single Family Homes Trends in Pricing Current Levels of Supply and Demand Value Metrics
Presented by Intero Real Estate Services Intero Real Estate Services www.Facebook.com/InteroEastBay 510.651.6500
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2013 Altos Research LLC
City Overview
Intero Real Estate Services | EastBay
PLEASANTON, CA
This Week
The median list price in PLEASANTON, CA this week is $1,270,000. The 36 properties have been on the market for an average of 107 days.
Median List Price Average List Price
Trend
== +
Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing
Inventory is tightening and days-onmarket is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.
Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms
Trend Key:
No change
== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend
1.0 - 2.5 acres 0.25 - 0.50 acre 8,001 10,000 sqft 6,501 8,000 sqft
14 15 41 43
9 9 9 9
0 4 4 2
1 1 2 3
257 88 52 30
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties
Page 2 of 6
City Overview
PLEASANTON, CA
Median Price
Prices seem to have plateaued here at the all time high. When we see these conditions, we pay close attention to the Market Action Index to gauge the leading indicators and whether prices will fall from here.
7-day Average
90-day Average
Quartile Prices
Prices at the high-end of the market have been showing strength. However, Quartiles 3 and 4 are in a price decline recently. Often this condition is temporary because price increases at the upper end of the market force buyers to consider the segments still in their price range. Watch the Market Action Index to determine whether demand in the lower-half of the market will reverse trend and push prices higher.
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Page 3 of 6
City Overview
PLEASANTON, CA
7-day Average
90-day Average
7-day Average
90-day Average
Page 4 of 6
City Overview
PLEASANTON, CA
90-day Average
Buyers/Sellers Cutoff
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 5 of 6
City Overview
PLEASANTON, CA
Days on Market
The properties have been on the market for an average of 107 days. Half of the listings have come newly on the market in the past 42 or so days.
7-day Average
90-day Average
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Page 6 of 6