Is Livermore-Pleasanton, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livermore-Pleasanton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Livermore-Pleasanton has remained a Seller's Market.

Key Takeaway

Livermore-Pleasanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Livermore-Pleasanton, CA

How much do homes in Livermore-Pleasanton, CA cost?

Median Sold Price

$1,315,977

$732/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$113,843(+9.5%)

Key Takeaway

Homes in Livermore-Pleasanton have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Livermore-Pleasanton was $1,315,977 in May 2024, up 9.5% from last year, and the median price per square foot was $732.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $475K$440K
-7.4%
2 $775K$775K
0.0%
3 $1.0M$1.1M
+8.0%
4 $1.4M$1.6M
+10.6%
5+ $2.0M$2.3M
+16.1%

Summary: Livermore-Pleasanton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Cities

Pleasanton
+10.4%
Livermore-Pleasanton
+9.5%
Dublin
+9.4%
Livermore
+7.9%

Housing Supply in Livermore-Pleasanton, CA

How many homes are available in Livermore-Pleasanton, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
466577+23.8%

Summary: The Livermore-Pleasanton real estate market had 577 homes for sale in May 2024, a 23.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1016
+60.0%
2 4264
+52.4%
3 180203
+12.8%
4 165211
+27.9%
5+ 6983
+20.3%

Summary: The Livermore-Pleasanton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes increased by 20.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
190202+6.3%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

153 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livermore-Pleasanton, you could pay more than the asking price. 78.5% of homes here sold above asking price last month.

Summary: A total of 202 homes were sold or pending in Livermore-Pleasanton in May 2024, up by 6.3% month-over-month. Of the 195 sold homes, 15% were sold under asking, 6% were sold at asking, and 78% were sold over asking.

Days on Market for Livermore-Pleasanton, CA

How long does it take to sell a home in Livermore-Pleasanton, CA?

Average Sale Time

May 2023May 2024CHANGE
12 Days11 Days-10.6%

Summary: Homes in Livermore-Pleasanton had an average of 11 days on market in May 2024, down by 10.6% compared to last year.

Breakdown of Home Sale Times

184 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Livermore-Pleasanton are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 202 homes were sold in Livermore-Pleasanton; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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