The San Ramon CA Real Estate Market is active. There were 20% more listings in February than January with 53 and there were 49 Pending sales. It is a great time to sell, the buyers are out there and ready to purchase.
0:00: Hi, I’m Doug Buenz, San Ramon California Real Estate agent, with the 680 Group at Ventures Sotheby’s and this is a quick market update on the San Ramon California market on March 2nd, 2017.
0:14: The market is humming, we’re starting to enter the spring market, we’re starting to see some more inventory. We’re starting to see more sales for sure. There’s worth 53 new listings in February, and that’s up 20% over January, not a huge surprise there. As we usually don’t see a lot of inventory at least turning in January.
0:36: But the good news is we had 49 listings go pending in San Ramon in February and now it’s up 89% from January’s figures. We got more inventory and we have more pending sales, definitely an indication that the market is vibrant and doing well.
0:53: The average price per square foot for the home sold in February was $431 per square foot. That’s about 6% from January’s closed sales – another indication that the market is doing pretty well.
1:10: The average sales of market overall for San Ramon, for single family homes in February for closed sales was 32 days on the market. That’s up slightly from January, not significantly – 6% so no big deal there. On average for closed sales in February, sellers are getting 97% of their asking price. That’s unchanged from January. We are still seeing some sellers with some fairly optimistic pricing. We will see how the spring goes.
1:39: The median price for San Ramon for all the closed sales in February was a $1, 000, 064. That is down 1% from January. Fortunately unchanged.
1:50: Overall, if you’re a buyer, inventory’s coming; and if you’re a seller, there’s buyers out there. Overall things are looking good.
1:59: And as always we invite you to share this video with your friends, and certainly feel free to comment on it. As always if we could help you with your Real Estate needs in San Ramon, please give us a call our number’s 925463-2000 San Ramon Realtors we’re here to help. Again Doug Buenz with the 680 Group 463-2000 and 680homes.com, thanks for watching!
For more detailed information on San Ramon real estate market trends go to http://680homes.com/san-ramon-real-estate/market-stats
To search for San Ramon homes for sale visit http://680homes.com/san-ramon-real-estate
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