Pleasanton Real Estate Market Update - June 2025
Welcome to the June 2025 market update for Pleasanton! In this post, we'll break down the current state of the local real estate market, highlighting key statistics and trends that are shaping the landscape.
Current Market Overview
Right now, Pleasanton has 168 active listings, 55 pending sales, and 51 homes that sold in May. This gives us a pending to active ratio of about 33%, showing that while inventory is growing, buyer demand remains strong throughout the market.
Market Statistics
- Active Listings: 168 homes currently on the market
- Pending Sales: 55 homes in escrow
- Closed Sales (May 2025): 51 homes sold
- Median Home Price: ~$1.74 million
- Days on Market: 14 days on average
- Pending to Active Ratio: 33%
Inventory and Market Dynamics
With three to four months of inventory, we're seeing a more balanced market compared to previous periods. The median home price in Pleasanton is holding strong at approximately $1.74 million, and homes are selling in just 14 days on average. This demonstrates that well-priced homes are still moving fast in the current market conditions.
Major Development Projects
Big changes are coming to Pleasanton with several significant development projects underway. The Villages at the Quarry will add 412 homes, including 101 affordable homes and a two-acre public park, bringing substantial new housing options to the community.
Additionally, over at 4452 Rosewood Drive, Avalon Pleasanton is underway with 305 rental units, with 46 of them designated as affordable housing. These developments will significantly expand housing options for residents at various income levels.
Market Outlook
For buyers, this means more options are coming ahead with the new developments planned throughout Pleasanton. The current balanced market conditions provide opportunities to find the right home without the intense competition of previous years.
For sellers, now is the time to price smart and make your property stand out in the market. With homes still selling quickly when priced correctly, positioning your home competitively is key to success.
That's your Pleasanton market snapshot for June 2025. Reach out with any questions - we're here to help guide you through today's market conditions!
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