Ten residential properties in Pleasanton saw title transfers during the week of June 22. These transactions, which mostly concluded in mid-May, resulted in an average sale price of $1.7 million per home.
The $3.18 million Sorrel Downs Court sale leads the pack
A single-family residence located in the 3300 block of Sorrel Downs Court emerged as the most expensive transaction of the period. According to the report, this 2,916-square-foot home sold for $3,180,000, representing a price of $1,091 per square foot.
The property, which was built in 1985, features four bedrooms and three bathrooms. The sale was finalized on May 13, marking it as one of the high-water marks for the Pleasanton residential market during this cycle.
An $834 per square foot average across 10 sales
Pleasanton's residential market continues to reflect the broader trend of high-value suburban demand seen across the San Francisco Bay Area. As luxury single-family homes command premium prices, the market shows a distinct stratification between high-end estates and smaller residential units.
The average price for the 10 registered sales reached $1.7 million, with the average cost per square foot sitting at $834.. As the source indicates, the high-end segment was bolstered by several multi-million dollar deals, including a $2,740,000 sale on Oak Lane and an $1,880 ,000 transaction on Runnymede Court. other significant sales included a $1,800,000 home on Camino Brazos and a $1,650,000 residence on Knox Gate Court.
The month-long delay between May sales and June recordings
A notable discrepancy exists in the timing of these real estate transactions. While the titles were recorded during the week of June 22, the actual deals were finalized between May 12 and May 15.
The reporting leaves several logistical questions unanswered. most notably, why did transactions finalized in mid-May not have their titles recorded until the week of June 22? Additionally,the report claims sales "topped $3.2 million," yet the individual figures provided suggest a much higher cumulative total, leaving the exact aggregate volume of the week's activity unverified.
A $405,000 Mountain View Drive condo sets the floor
The market's lowest-priced entry point was represented by a condominium in the 8000 block of Mountain View Drive. This 790-square-foot unit, built in 1991,sold for $405,000, which equates to $513 per square foot.
This one-bedroom, one-bathroom condo provides a sharp contrast to the single-family homes that dominated the week's volume. The transaction for this unit was completed on May 13, roughly the same time as many of the area's most expensive property transfers.
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