Source: Have You Heard the News Lately?
There were 23 sales closed last week in San Ramon. Only 1 was a short sale all the others were traditional sales. This is a big change from just 6 months ago. We are seeing home prices increase dramatically which is getting most sellers positive equity. There were 3 homes sold in Windermere and 4 in Gale Ranch. The average days on market was just 13 days, which is typical in this market. There were 27 new listings in San Ramon last week, so listings outpaced sales.
Last week there were 9 sales in San Ramon. 2 of the 9 were short sales and 3 of the listings were in Windemere. Overall there has been a steady decline in listings since early December, but this last week there were 17 new listings making the total for January 58.