San Ramon Home Sales Activity for the month of September 2012
The numbers below are for single family detached homes only.
- 53 closed sales - versus 65 closed sales in August - decrease of 18%
- Average sales price $806,649 compared with August average sales price of $770,274 a 4% increase
- 71 homes listed in September as compared to August of 91 homes
- Average sales prices are 99.5% of the list price
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.
The chart gives an overview of September activity in 2012 versus 2011 showing a 6% increase in average sales prices. 43% of the homes purchased are in the price range of $600,000 to $799,000. A definite indication of the upward prices for San Ramon.