Pleasanton Market Stabilizes in August

The Pleasanton real estate maket showed stability in August. Inventory, which had been climbing steadily since the beginning of the year, was relatively flat for the month of August.



Pending sales in Pleasanton for the month of August showed a nice increase, certainly welcome news after the drop in July. It seems that more buyers are starting to recognize that there are some very good opportunities in the market place.



The Market Velocity in August, which shows the Number of Month's supply of homes on the market, dipped slightly after a huge jump in July



Overall, market conditions in Pleasanton continue to favor buyers, with price reductions and discounts common on many homes. There is still strong demand for unique homes with exceptional locations, or upgrades, or homes that are priced agressively to attract interest.