
| Active | Pending | Sold | Months Supply | ||||
| Feb 09 | 231 | 23 | 16 | 9.2 | |||
| Mar 09 | 246 | 45 | 24 | 7.9 | |||
| Apr 09 | 230 | 64 | 29 | 5.6 | |||
| May 09 | 223 | 73 | 45 | 4.4 | |||
| Jun 09 | 207 | 59 | 62 | 3.4 | |||
| Jul 09 | 180 | 78 | 57 | 2.6 | |||
| Aug 09 | 163 | 70 | 62 | 2.3 | |||
| Sep 09 | 142 | 59 | 64 | 2.1 | |||
| Oct 09 | 121 | 51 | 43 | 1.9 | |||
| Nov 09 | 104 | 45 | 39 | 1.8 | |||
| Dec 09 | 99 | 35 | 44 | 2.1 | |||
| Jan 10 | 94 | 51 | 34 | 2.1 | |||
| Feb 10 | 116 | 48 | 31 | 2.6 | |||
Ruby Hill Statistics:
As of April 6, 2010, there were 25 active listings in Ruby Hill Pleasanton in the price range of $969,000-8,888,868. Two of them were short sales and the rest were regular sales.
There were 16 Pending listings in the price range of $1,030,000-3,750,000. Six of these were short sales and two were foreclosure properties.
For borrowers that have stable incomes, good credit history, and FICO scores of at least 620, now is an opportune time to purchase a home in spite of the market challenges they may have to overcome.
- Although home prices have stopped declining in most East Bay areas, and even have risen in some markets like Pleasanton, Dublin, San Ramon and Fremont, mortgage rates may rise, offsetting any potential savings in price. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) projects rates on 30-year fixed-rate mortgages to average 5.6 percent this year.
- The high end of the market didn’t experience the same price appreciation as the low end. Home prices in this segment have not declined as steeply as homes in the mid- to low-end of the market either. Many sellers in the high end who do not have to sell their homes are choosing to wait until home prices rise before putting their homes on the market.
- Another challenge the high end market is facing is with buyers qualifying for financing. Many lenders are requiring borrowers to provide proof of income, such as W-2s and recent paystubs, as well as demonstrate their ability to meet the monthly mortgage obligation.
If you are looking to sell a home in Pleasanton, California, or sell a short sale property, call Meena Gujral at Help-U-Sell Achievers Realty 510-279-9580 to see how you can save thousands of dollars by selling your home for a low set fee or go to:
http://www.helpusellachievers.com
To see my Real Estate Blogs click:
As per the Bay East Association of Realtors, Days on Market (DOM) for the Pleasanton area year-to-date is around 83. The median single family home price in Pleasanton for July was $688,000. As of the last day of July there were 180 active homes in Pleasanton. At current selling rates this means there is approximately 3 months of inventory in Pleasanton remaining.



