Pleasanton September Housing Market Update

Pleasanton September Housing Market Update

In Pleasanton, California, sellers are definitely feeling the pinch of high inventory. When they ask us whether they should sell or not, many people don't think the market is moving. But here's what's really happening.

Current Market Inventory Analysis

There is high inventory with 127 active Pleasanton listings — that's really high. But here's the good news: 52 homes are pending, which is a big number. The rates have been trickling down, which has helped August and September activity.

Market Perspective: Still a Seller's Market

The inventory is high for sure, but let's put this in perspective. If we were in Chicago or Montana, this would still be considered a seller's market. We're very spoiled in California.

It's not like homes aren't selling. With 127 active homes and only 50 pending, that means we have about two and a half months of inventory. The homes are still selling — it's taking about two and a half months to sell.

Standing Out in Today's Market

So what do you do as a seller to stand out? That's the real question in this market environment.