September 2015 State of Market in Ruby Hill, Pleasanton

Active – As of October 1, 2015 there were 15 active properties ranging from $1,350,000- $4,250,000.

Pending – 8 Properties ranging from $2,250,000-$5,748,000

Sold/Closed September 1-September 30, 2015 – 4 properties ranging from $1,290,000-$2,800,000

Pleasanton 94566 Overview

 The median sales price for homes in ZIP code 94566 for Jun 15 to Sep 15 was $1,025,000.Sales prices have appreciated 36.2% over the last 5 years in 94566, Pleasanton. The median sales price of $1,025,000 for 94566 is 11.26% higher than the median sales price for Pleasanton CA.

Average price per square foot for homes in 94566 was $487 in the most recent quarter, which is 2.31% higher than the average price per square foot for homes in Pleasanton.

REALTORS® Confidence Index

 Market activity broadly improved in August 2015 compared to a year ago.

  • Compared to July 2015, market activity seasonally slowed down.
  • Sustained job growth and low interest rates, with the 30-year fixed mortgage rate back to less than four percent in August, appear to be boosting demand. Meanwhile, tight inventory and rising home prices are moderating demand.
  • The confidence indices for current conditions and the six-month outlook for single-family, townhome, and condominium properties all increased compared to a year ago.
  • Tight inventories of available homes, decreasing affordability, continued tight mortgage availability, and slow/excessively conservative appraisals were the main issues reported by respondents.
  • Many respondents expressed concern that the new disclosure regulations that take effect on October 3 may delay closings, although nearly 90 percent of respondents reported taking measures to be ready for the implementation, such as attending seminars, coordinating with lenders, and revising model contracts in line with guidelines.S&P/Case-Shiller: July sees amazing annual home-price gains.“Prices of existing homes and housing overall are seeing strong growth and contributing to recent solid growth for the economy,” says David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. “The S&P/Case Shiller National Home Price Index has risen at a 4% or higher annual rate since September 2012, well ahead of inflation. Most of the strength is focused on states west of the Mississippi.”
  • The three cities with the largest cumulative price increases since January 2000 are all in California: Los Angeles (138%), San Francisco (116%) and San Diego (115%). The two smallest gains since January 2000 are Detroit (3%) and Cleveland (10%).
  • U.S. National Home Price Index recorded a slightly higher year-over-year gain with a 4.7% annual increase in July 2015 versus a 4.5% increase in June 2015.

Amazing July Sales resized

 

This information has been compiled from the CAR website, Redfin, MLS Data,Trulia, Zillow, Bay East Association of Realtors, Helpusellachievers.com and Realtor.com.

 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

“Dream of Homes, I get you there”

Published by Meena Gujral

Meena Gujral’s Biography: As a Seller, I can offer you my full Service Marketing Plan, a comprehensive evaluation of your property, an extensive advertising and Promotional Program, and my own reputation for honesty and professionalism. As a Buyer, you can rely upon my ability to fully understand your personal Real Estate needs, thereby eliminating unnecessary stress and anxiety, and enabling you to find the home which best suits your needs. If you are contemplating a move to or from another area, I have a wide range network of highly qualified Relocation Specialists available to serve you. Professional Experience: Full time Realtor since 1986 with over 21years of experience. Specializing in Fremont, Castro Valley, Hayward, San Leandro, San Lorenzo, Newark, Union City, Pleasanton and Dublin. Slogan: You Dream Of Homes, I get You There Goals: 1. My goal is to help you achieve yours. 2. To conduct my business in such a manner that your friends will thank you for having referred them to me. Education and Real Estate Courses: BA with Honors in English; Sales Development Program; Discover the difference; Sales Results Workshop; Today’s Relocating Client; How to take control of your market; California’s disclosure law; Anatomy of Residential Housing; Effective Finance; Superstar Success Dynamics; The art of Selling – It’s all in your delivery; Conventional financing options; How to list and sell Real Estate. Awards & Designations: International Presidents Circle; Grand Masters Award; Presidents Award; Masters Award; Silver Sales Award; Multi Million Dollar Award; 2 Million Medallion Club; Sterling Society Testimonials: CB Office Managers: “Incredibly talented, hard working, diligent and dedicated.” Avram Goldman - CB President, COO: “Well deserving with integral listing ability among our elite Real Estate Professionals at CB.” Alan Tuttle – Branch Mgr Met Life: “Meena’s enthusiastic approach to listing my home brought a full price offer in just five days. She stands out from the crowd.” Greg Costanzo – Oracle: "We were impressed with the lengths you went to advertise our condo, even hanging door hangars on every home on our block.” Donald Lee – President Linda Sewing & Mfg Company: “Thanks for your follow up every step of the way, honest & caring nature, flexibility, aggressive approach and positive attitude.” Jagdish Prasad - "We are thankful for your kind support, caring heart, smiling face and good advice" Zurvohn and Raquel Maloof - "You have truly lived up to your reputation for honesty and professionalism and the slogan fits you well. We were skeptical about the Help-U-Sell concept but from here on out we will live by Help-U-Sell in order to save money. It seems like the most intelligent thing to do" Germana & Jesse Martinez-" Your level of expertise was evident in your suggestions and recommendations associated with the sale of our home. We especially love the fact that we saved thousands of dollars by utilizing Help-U-Sell. It was a great experience that we will never forget. Phone: 510-427-7992

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