San Ramon Homes Sales Activity shows that year to date unit sales are up 6% over 2011 and average sales prices up 1% over the same time period in 2011.
San Ramon Home Sales Activity for the month of August 2012
- 55 closed sales - down 29% from July units closed at 77
- Average sales price $767,302 up 4% from July with average sales price of $741,813
- 99 homes listed in August as compared to July of 87 homes
- Average sales prices are 99% of the list price up 1% over 2011 averages
What we are seeing is a market that is moving up. Buyers are being more aggressive with their offers in an effort to be the "winner" of a San Ramon home and many are foregoing the appraisal. This is great news for San Ramon homeowners as the market stabilizes and prices continue to rise. For those looking to move-up, now is the time, as prices and interest rates are still at an all time low.
Here is a recap of the San Ramon homes sales activity for August and Year to Date Figures:August Activity 2011 2012 Change New Listings 90 99 +9% Closed Sales 85 55 -35% Average Sales Price $718,637 $767,302 +6% Median Sales Price $720,000 $753,000 +4% Average Days on Market 39 27 -30%
Year to Date Activity 2011 2012 Change New Listings 768 619 -19% Closed Sales 478 502 +5% Average Sales Price $718,637 $767,302 +6% Median Sales Price $720,000 $753,000 +1% Average Days on Market 39 33 -15%
Note that the figures above are averages only.