This market data thru October 2011 is for the homes that are located in the areas bordered byÂ Pine Valley, Alcosta, San Ramon Valley Blvd, Montevideo area.
Summary of Pine Valley Activity - Current Listings, Pending Sales and Closed Sales from January 1 thru October 31, 2011.
The above chart reinforces this area is popular for first time home buyers, as the under $500,000 homes have the largest number of sales. Â Â Â Â Â Â Â Â Â Â
Comparing the market data between 2010 and 2011, we see a decrease in home sales prices in 2011 from 2010, down approximately 7%. As has been noted in recent market activity, more short sales are taking place versus foreclosures. This is great for the housing market as a whole.