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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasanton is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Pleasanton, CA

How much do homes in Pleasanton, CA cost?

Median Sold Price

$1,593,500

$798/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$6,500(-0.4%)

Key Takeaway

The sold price of homes in Pleasanton has remained the same since last year.

Summary: The median home sold price in Pleasanton was $1,593,500 in February 2024, down 0.4% from last year, and the median price per square foot was $798.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $504.5K$500K
-0.9%
2 $793.7K$759K
-4.4%
3 $1.3M$1.3M
-5.4%
4 $1.7M$1.8M
+4.1%
5+ $2.7M$2.7M
-1.6%

Summary: Pleasanton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Cities

Pleasanton
-0.4%
Livermore
-0.5%
Livermore-Pleasanton
-1.5%
Dublin
-2.3%

Housing Supply in Pleasanton, CA

How many homes are available in Pleasanton, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6394+49.2%

Summary: The Pleasanton real estate market had 94 homes for sale in February 2024, a 49.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 811
+37.5%
3 2525
0.0%
4 1835
+94.4%
5+ 1222
+83.3%

Summary: The Pleasanton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 94.4%, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2029+45.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasanton, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Pleasanton in February 2024, up by 45.0% month-over-month. Of the 28 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for Pleasanton, CA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
29 Days17 Days-41.0%

Summary: Homes in Pleasanton had an average of 17 days on market in Feb 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 29 homes were sold in Pleasanton; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% 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 3 Days Ago

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