San Ramon townhome and condo closed sales for the year 2011 total 346 units, of which 234 were Condos and 112 Town Houses. There was a 10% increase in number of units sold in 2011 as compared to 2010 with 314 sales.
The average sales price of $306,951 for 2011 is down 16% compared to $365,298 in 2010.
2011 showed a 16% increase in distressed sales (bank owned and short sales) as compared to 2010.
San Ramon Condo & Townhome Overview as Compared to 2010
Overview of the difference in price for San Ramon Condos vs Townhomes
Overview of the variance in average sales price between regular sales, bank owned (REOs) and short sales:
As can be noted there is a definite variance between the regular sales and distressed properties, 14% higher for town home regular sales and about a 32% difference for condo sales.
Please keep in mind that the above numbers are averages only for all areas of San Ramon. If you are thinking about selling or buying a San Ramon condo or townhome, market data for a specific property would be required.
Source of data: Paragon MLS
Comments(0)