Category Archives for Market Update

Tri-Valley’s Busy Spring

Livermore

Actives:

Number of Actives last week: 82

Number of Actives this week: 106

That is a 29.27% increase

Average Days on Market: 37

Median Price: $762,500

Average Price: $945,473

Pleasanton

Actives:

Number of Actives last week: 76

Number of Actives this week: 101

That is a 32.89% increase

Average Days on Market: 48

Median Price: $1,239,000

Average Price: $1,620,432

Dublin

Actives:

Number of Actives last week: 52

Number of Actives this week: 58

That is a 11.54% increase

Average Days on Market: 37

Median Price: $880,000

Average Price: $906,012

 

HOT, HOT, HOT MARKET

IT’S A GREAT TIME TO SELL BECAUSE THE TRI-VALLEY IS HOT!  Go to LivermoreHomeValue.com, or PTownHomeValue.com  for your quick and easy home valuation estimate.

Here’s a secret…..your home can be from anywhere and you can get the same home valuation from either of these sites.

Contact me for more details.

Livermore

Actives:

Number of Actives last week: 70

Number of Actives this week: 66

That is a 5.71% decrease

Average Days on Market: 58

Median Price: $794,000

Average Price: $1,030,042

Pendings:

Number of Pendings last week: 88

Number of Pendings this week: 94

That is a 6.82% increase

Average Days on Market: 32

Median Price: $572,000

Average Price: $634,230

72 properties have gone pending from 01/01/2015-01/31/2015.  That is an average of  2.32 per day.

 

Pleasanton

Actives:

Number of Actives last week: 47

Number of Actives this week: 51

That is a 8.51% increase

Average Days on Market: 69

Median Price: $1,290,000

Average Price: $1,747,473

Pendings:

Number of Pendings last week: 37

Number of Pendings this week: 38

That is a 2.70% increase

Average Days on Market: 23

Median Price: $822,350

Average Price: $1,073,250

26 properties have gone pending from 01/01/2015-01/31/2015.  That is an average of 0.83 per day.

 

Dublin

Actives:

Number of Actives last week: 41

Number of Actives this week: 43

That is a 4.88% increase

Average Days on Market: 50

Median Price: $947,604

Average Price: $852,277

Pendings:

Number of Pendings last week: 72

Number of Pendings this week: 76

That is a 5.56% increase

Average Days on Market: 52

Median Price: $789,020

Average Price: $824,604

44 properties have gone pending from 01/01/2015-01/31/2015.  That is an average of 1.4 per day

Worry? Nahhh!

Happy Monday to Everyone!  I shared these number with a few clients and they asked if they should be worried about the rise in inventory. ” Nahh, I told them.”  When I first got my license in December of 2005 I think we had about 600 homes on market, or some crazy number like that.  Increased inventory is just another sign that we are headed toward the more “normal” Market I have been talking about lately.  No need to worry.

The Tri-Valley real estate market remains very healthy as we lag the frenzied Silicon Valley market.  Our sales climate seems to follow suit with them. They are not seeing signs of a slowdown yet.  When we start to see more of those high income earners  running toward Livermore and Pleasanton, It might be a sign that the South Bay market is too high and that mentality will spread. I still feel we have another 1.5 to 2 years on the upside before we see a real turn in the market.

I’ve never professed to have a magic ball but I’ve been in the business long enough to see the initial stages of a market change from down to up and back again.  We have now seen a slowdown in the upswing which will eventually level off and trend down over time.   If you are long-term purchaser, these things are not such a big deal.

Here are this week’s Livermore market statistics:

  •  Actives:
  • Number of actives this week: 166
  • Number of actives last week: 159
  • That is a 4.40% increase – 3 weeks in a row we’ve had increases!
  • Average days on market: 41
  • Median price: $631,397
  • Average price: $788,097
  • ++++++++++++++++++++++++
  • Pendings:
  • Number of pendings this week: 124
  • Number of pendings last week: 127
  • That is a 2.36% decrease – Two weeks in a row we’ve had a decrease!
  • Average days on market: 26
  • Median price: $564,975
  • Average price: $657,944
  • 70 properties have gone pending since the beginning of the month.  That’s an average of 2.8 per day.

Home Appreciation Slowing With Affordability Issues

No surprise here. We have seen this over the last 12 months.  The stats now show what I have been saying for quite some time.  The Tri-Valley shines with a hefty median sales price increase from last year but the decline in appreciation and  sales will eventually erode affordability to a point where we people will begin to ask “How high can we go?”. This is always something to consider when buying a home…………

2014-06_Sales.

Livermore Market Statistics:

Here are this week’s Livermore market statistics:

Actives:

Number of actives this week: 145

Number of actives last week: 141

That is a 2.84% increase

Average days on market: 40

Median price: $628,794

Average price: $805,071

 

Pendings:

Number of pendings this week: 138

Number of pendings last week: 134

That is a 2.99% increase

Average days on market: 28

Median price: $599,975

Average price: $661,486

36 properties have gone pending since the beginning of the month.  That’s an average of 3.27 per day.  Market days is trending a little higher but overall market seems to be doing just fine.

How does this affect you? Call me for answers. 925-580-9829  Homes@natalieswanson.com

Keller Williams Tri Valley 2300 First St. #316 Livermore, CA 94550

This Weeks Market Update For Livermore Area

Livermore UpdateThis brief market summary will provide all the information you need to know about what the market looked like this past week.

Here are this weeks Livermore market statistics:

> Actives:
> Number of actives this week: 139
> Number of actives last week: 116
> That is a 19.83% increase – BIGGEST INCREASE SINCE WE’VE BEEN      WATCHING THIS!
> Average days on market: 34
> Median price: $679,234
> Average price: $837,409

> Pendings:
> Number of pendings this week: 124
> Number of pendings last week: 124
> Average days on market: 29
> Median price: $588,995
> Average price: $642,213

> 35 properties have gone pending since the beginning of the month. That’s an average of 2.33 per day

Natalie Swanson Keller Williams Tri-Valley 2300 First St. #316 Livermore, CA 94550

 

 

Summer Update From Natalie at The Swanson Team



Keller Willliams Tri-Valley 2300 First St. #316 Livermore, CA 94550
Natalie Swanson 925-580-9829

DRY YOUR TEARS

Buyers have suffered enough over the last 24 months while trying purchase homes here in the Tri-Valley, especially in my backyard, Livermore, CA. If you are a Buyer, it’s time to dry your tears.  A new kind of real estate market has arrived. We have seen a shift to longer market days and price reductions. We have returned to a more “normal” market.

What does a more “normal” market bring? It brings the contingent Buyer. With less competition a Buyer can now make an offer on a property and not have to compete for the home. Good news!  I’ve been in sales now for 9 years and just had my first back to back to back contingent sale process.  There are so many things to consider during the negotiation process.

This market still requires a professional. Do you need one? Please call us today. We are happy to help you navigate.

Natalie Swanson, Keller Williams Tri-Valley.  BRE#01709115

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#1 Reason to Buy Now

Prices continue to rise and we have not seen interest rates follow suite. Act fast because once interest rates take off, we will see the market dip just like we did in August and September of 2013.  We probably have another year and a half of upside so Buy now!

Tri-Valley Update

Prices continue to appreciate. We are now about 2 years into an upswing. As with any kind of market, we have cycles of ups and downs.  From all indications we have another couple years or so of upswing until the cycle changes course.  This upswing has been brought on by pent-up demand for housing by Buyer’s who are still very qualified and putting large down payments.

Emerging are post-short sale buyers and families in their 30’s and 40’s wanting to move. You might be one of them!  You and your friends are now qualified and ready to purchase.  The competitive market place will continue through this selling season.

I’m focussed on the market everyday so don’t hesitate to call me with your quick questions or if you know someone who needs help buying or selling, I would love to talk with them anytime.  My business has been built by referral and so I appreciate your trust in referring me to your friends and family.

 

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