RECENT BLOG POSTS
A 20% change in median sold price is a very significant change in a 12 month period of time. You'll notice that we had a steady climb from the end of the year, and things have stayed fairly consistent since we entered the spring selling season. This is an unusual chart with the crazy spike in De...
07/23/2014
Should we even discuss a 1% change? I think not. Supply is up 55%! That's nothing to sneeze at. Much of that could be due to the new construction condos and townhomes available for sale in Dublin. Demand may be down in the investor segment since new construction carries a much higher price tag....
06/24/2014
A 5% increase in median home price isn't huge, but based on this data, how would you feel with a $23,000 increase in value in a 12 month period of time? Fairly good I would presume. OMG, 39% increase in days on market! Heaven forbid! Broken down though, if you are a seller, that just means on ...
06/24/2014
Some leveling off in the attached home market in Pleasanton. Welcome news for those First Time Buyers. Don't you love graphs? They sure point out the anamolies. Notice November, where we have such a spike. The data shows a until that was on the market 84 days, throwing off the low market time ...
06/24/2014
A 9% increase in median price is a welcome sight for home sellers in Pleasanton. Notice the huge swing from the January and February numbers. In January for instance, the unit sales included just 8 homes priced over $1M. During May however, that $1M plus category jumped to 38, or more than half...
06/24/2014
The median home price barely moved in Livermore for the condo and townhouse markets. With the exception of July of 13, there weren't huge swings in the median home price. The higher median price seen in 2014 are in part due to the new construction units being sold. 57% upward change in average d...
06/24/2014
The median price for detached took a fairly significant jump over the same time last year. Due in part to the arrival of more homes on the market in the higher price ranges. Seller who now have equity can actually make a move, whether downsizing or moving out of area. Last year at this time, the...
06/24/2014
The median sold price us up 8% over last year at the same time. January and February were way off by comparision. It makes sense in the context of who may be selling and how large those homes are. It is more likely that larger homes that may have kids still in school, are listing later in the yea...
05/23/2014
A 30% increase in median home price is substantial. For Dublin, much of this can be attributed to a higher percentage of newer homes than neighboring Pleasanton and Livermore. Of the 41 closed sales in April, 20 were homes built from 2000 to 2014. This chart really looks like a more normal marke...
05/23/2014
Charts are great for showing the big picture. The median price spike for 2013 was in November, but it has now been surpassed by March of this year, with a slightly lower median in April. Still up 9% from April of last year. There is a noticeable change in December of last year. Looking just at t...
05/23/2014