Between September 21 and October 4, the Pleasanton residential market recorded 36 transactions, headlined by a $3.168 million sale on Medallion Court. this period of title recordings highlights a high-value landscape within Alameda County, where premium properties continue to attract significant capital.
The $3.168 million Medallion Court anchor
The top-performing property in this reporting window was a single-family residence located in the 3300 block of Medallion Court.. According to the report, this 3,291-square-foot home, built in 1998, sold for $3,168,000. Featuring three bedrooms and three bathrooms, the property achieved a price per square foot of $963, significantly outpacing the citywide average of $781.
The transaction for this high-end residence was completed on August 24, illustrating the time required for paperwork and recording to finalize in the official tally. This sale serves as a primary anchor for a period defined by high-value residential movement in the Pleasanton area.
Why Happy Valley Road commanded $1,096 per square foot
While the Medallion Court sale took the highest total price, a property in the 900 block of Happy Valley Road set a benchmark for unit value. This 1966-built residence sold for $2,990,000, but its 2,727 square feet of living space resulted in a staggering $1,096 per square foot. This premium valuation suggests that location and specific amenities in the Happy Valley area continue to drive intense competition among buyers.
This trend of paying a premium for specific footprints is echoed in the 2500 block of Larrikeet Court,where a 1,722-square-foot home fetched $1,700,000, representing a high per-unit rate of $987. These outliers demonstrtae that in the current Pleasanton market, square footage efficiency can often outweigh total property size when determining value.
Thirty-six transactions and the $1.4 million average trend
The broader Pleasanton market remains active, with 36 residential sales officially recorded during this four-week period . As the report states,these transactions resulted in an average sale price of $1,400,000. This volume indicates that despite broader economic fluctuations, the Alameda County community maintains a steady flow of both luxury and mid-range transactions.
The market shows significant depth in the upper-middle-class segment, with consistent movement in the $1.7 million to $2 million range. Notable examples include a $2,000,000 residence on the 5000 block of Monaco Drive and a $1,975,000 house on the 4500 block of Gatetree Circle. Other notable entries include a $1,900,000 home in the 3200 block of Melanie Circle, reflecting continued interest in well-maintained, family-sized properties in established neighborhoods.
What the August closing dates reveal about the recording lag
One notable aspect of this data is the timeline between when deals were finalized and when they appeared in the official records. Many of the high-value sales, including the Medallion Court and Happy Valley Road properties, were actually completed in August. This raises questions about the current velocity of the market: is this recent activity a reflection of new September demand, or is it simply the administrative processing of summer contracts?
Additionally, because the report focuses solely on recorded title data, it leaves several questions unanswered, such as the specific motivations of the buyers or whether these high price-per-square-foot figures represent a new baseline for the area. The source provides a clear financial snapshot, but the qualitative drivers behind these multi-million dollar commitments remain unverified.
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