Is Livermore-Pleasanton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Livermore-Pleasanton has remained a Seller's Market.
Key Takeaway
Livermore-Pleasanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Livermore-Pleasanton, CA
How much do homes in Livermore-Pleasanton, CA cost?
Median Sold Price
$1,315,977
$732/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Livermore-Pleasanton have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Livermore-Pleasanton was $1,315,977 in May 2024, up 9.5% from last year, and the median price per square foot was $732.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $475K | $440K | -7.4% |
| 2 Bedrooms | $775K | $775K | 0.0% |
| 3 Bedrooms | $1.0M | $1.1M | +8.0% |
| 4 Bedrooms | $1.4M | $1.6M | +10.6% |
| 5+ Bedrooms | $2.0M | $2.3M | +16.1% |
Summary: Livermore-Pleasanton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
| Pleasanton | $1.5M | $1.6M | +10.4% |
| Livermore-Pleasanton | $1.2M | $1.3M | +9.5% |
| Dublin | $1.2M | $1.3M | +9.4% |
| Livermore | $1.0M | $1.1M | +7.9% |
Housing Supply in Livermore-Pleasanton, CA
How many homes are available in Livermore-Pleasanton, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 466 | 577 | +23.8% |
Summary: The Livermore-Pleasanton real estate market had 577 homes for sale in May 2024, a 23.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 16 | +60.0% |
| 2 Bedrooms | 42 | 64 | +52.4% |
| 3 Bedrooms | 180 | 203 | +12.8% |
| 4 Bedrooms | 165 | 211 | +27.9% |
| 5+ Bedrooms | 69 | 83 | +20.3% |
Summary: The Livermore-Pleasanton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes increased by 20.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 190 | 202 | +6.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
153 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Livermore-Pleasanton, you could pay more than the asking price. 78.5% of homes here sold above asking price last month.
Summary: A total of 202 homes were sold or pending in Livermore-Pleasanton in May 2024, up by 6.3% month-over-month. Of the 195 sold homes, 15% were sold under asking, 6% were sold at asking, and 78% were sold over asking.
Days on Market for Livermore-Pleasanton, CA
How long does it take to sell a home in Livermore-Pleasanton, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 11 Days | -10.6% |
Summary: Homes in Livermore-Pleasanton had an average of 11 days on market in May 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
184 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Livermore-Pleasanton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 202 homes were sold in Livermore-Pleasanton; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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