San Ramon 1st Quarter 2014 Home Sales Activity

By
Real Estate Agent with RealtyOne Group CABRE 01888059

For the first quarter of 2014, the San Ramon real estate market was up 14% compared to the same period in 2013. For 2014 the average sales price was $953,150 and in 2013 it was $817,307. The market has skyrocketed in just one year. Looking at the numbers, the San Ramon home market is back to the 2005/2006 levels.

San Ramon Home Sales Activity January thru March 2014:

  • 216 homes listed
  • 144 homes received contracts
  • 117 homes sold
  • Low price of $400,000
  • High price of $2,219,000
  • Average days on market 19
  • Sales to List Price 1% over list

As there are 2 zip codes in San Ramon, here is the breakdown:

  • 94582 - 54 homes sold
    • Median Sales Price $942,500
    • Average Sales Price $1,007,270
  • 94583 - 63 homes sold
    • Median Sales Price $805,000
    • Average Sales Price $906,761

San Ramon breakdown by price range, units and sales price: 

Price Range # Units
4
$600,000 - $700,000 7
$700,000 - $800,000 29
$800,000 - $900,000 21
$900,000 - $1,000,000 21
$1,000,000 - $1,100,000 7
$1,100,000 - $1,200,000 8
$1,200,000 - $1,300,000 7
$1,300,000+ 13

As is evidenced by the numbers the San Ramon real estate market is still appreciating. The popularity of San Ramon for most families is the great schools and that is the real draw right now.

Looking at the numbers from the last quarter of 2013 compared to 2014 we are still up 10% for the average sales price. It will be interesting to see how much higher the numbers will go for the remainder of the year. What I have noticed is that more houses are coming on the market so we should have a great Spring season.

 

 

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California Contra Costa County San Ramon
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Rainer
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Linda Urbick

Selling San Ramon Valley - 925-786-5132
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