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Tri Valley Real Estate Trends and 2021 Predictions
What a difference a year makes. Are you feeling more confident or more frustrated?
If you're looking to Make A Move in 2021 then it depends which side you are on. For the past 6 or so months we have seen our Tri-Valley market go from multiple offers to MEGA BIDS. Homes were selling for 98 or 99% of list price to sale price in June/July. Last month they topped out at 107% in Livermore.
Looking back a year ago to February 2020 we entered a relatively normal market that saw an average winter and a slowly building spring market. All indications pointed to a good year in real estate.
Lets look at exactly where we were and where we are now.
In Livermore February 2020
- 64 Homes Sold
- $875,328 Average Sale Price
- 37 Days on Market
- 99.5% List Price To Sale Price
In Livermore February 2021
- 79 Homes Sold
- $1,020,199 Average Sale Price
- 8 Days on Market
- 107% List Price To Sale Price
In Pleasanton February 2020
- 34 Homes Sold
- $1,146,606 Average Sale Price
- 34 Days on Market
- 100.5% List Price To Sale Price
In Pleasanton February 2021
- 62 Homes Sold
- $1,416,741 Average Sale Price
- 11 Days on Market
- 105.8% List Price To Sale Price
In Dublin February 2020
- 39 Homes Sold
- $1,051,521 Average Sale Price
- 17 Days on Market
- 101.3% List Price To Sale Price
In Dublin February 2021
- 43 Homes Sold
- $1,257,919 Average Sale Price
- 7 Days on Market
- 106.8% List Price To Sale Price
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