San Ramon Market Update For March 2013

San Ramon had 59 closed sales in the month of March, up 111% from 28 in
February.  The median sold price in March came in at $775,000, down 
$22,000 from $797,000 in February.

March’s average list per sqft. was $339, up 6.6% from $318 in
February.  The average sold per sqft. for March posted $347, a $22.00 
per sqft. increase from $325 in February.

Good news regarding homes over $1 Million:

March had a huge increase in homes sales over $1 Million vs February's with a total of 10 units sold compared to 3 in February.

Of the 59 closed sales in March, 7 were distressed (short sale or 
REO).   February’s sales were on  the market for 30 days, on average,
compared to 12 days for March’s  sales.

San Ramon’s inventory is at a six year low for March,  posting only
37 detached homes for sale compared to 193 at the end of March 2006.  
Inventory is approximately 71% of what it was this time last year.

View March's Report

www.zielinskiteam.com

Josh Zielinski, Zielinski Team of Alain Pinel Realtors - Danville / Blackhawk