The median single family home price in SAN RAMON CALIFORNIA this week is $879,000.
Demand measured by the Market Action Index is increasing and days on market is trending downward. Even as more properties come available, these are positive trends for the market.
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Click here for your Free Danville CA Real Estate Market Update - Data is broken down by zip code and price point. These reports are updated weekly and reflect the best snapshot view of the Danville real estate market, housing prices, and other trends.
These local real estate market updates offer buyers and sellers in-depth information on Danville, California real estate activity and home prices.
The median single family home price in DANVILLE California 94526 this week is $1,059,000.
With inventory trending up but days-on-market trending down and the Market Action Index essentially flat recently, conditions don't seem to have strong up or down pull.
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Click here for your Free Danville CA Real Estate Market Update - Data is broken down by zip code and price point. These reports are updated weekly and reflect the best snapshot view of the Danville real estate market, housing prices, and other trends.
They offer buyers and sellers in-depth information on Danville, California real estate activity and home prices.
Looking at Yahoo Real Estate today, we see Dublin, CA logging in with 216 propeties in the foreclosure process. The foreclosure process includes real estate where the owner has just received a notice - pre-foreclosure process.
Across interstate 580, in Pleasanton, CA, we find 132 propeties showing in the foreclosure process. Not quite half of Dublin, but enough to illustrate the differences in these tow communities separated by eight lanes of interstate.
Pleasanton is mostly built-out while Dublin is flooded with new home builders and a glut of California condos.
Tracey Harper, our new home specialist, grew up in Pleasanton. She worked for Standard Pacific Homes helping them to sell hundreds of new homes in the area before she decided to go into residential resale.
There are great deals to be had in Dublin. Builders are discounting their inventory to keep the cash flowing while they try to weather the stormy market. The inventory of bank owned properties is rising and represents an exceptional window of opportunity for buyers and investors.
Contact Tracey if you have an interest in Dublin or Pleasanton, CA. (925) 984-1890
Today, Yahoo Real Estate is showing 269 properties in the foreclosue process in San Ramon, CA.
In zip code 94583 (older San Ramon), it shows 119 homes in the foreclosure process. In zip code 94582, 150 houses are showing.
In Danville, CA, we see 116 properties having receive notice of default, in auction, or bank owned (REO). Zip code 94526 is registering 64 of these foreclosure properties. Zip Code 94506 shows 52 properties.
Alamo California is registering 27 properties in the foreclosure process.
I mention all of this because many people still think only first-time buyers in 2003-2005 are in trouble and the houses in question are at the low end of the market.
94506 is the zip code for Blackhawk, CA, one of the most pretigious zip codes in the Bay Area. And Alamo, has some of the highest home values in the I-680 corridor - not to mention one of the lowest turnover rates in the East Bay.
All of this points to a market that has great real estate deals to offer at every price point.
If you're interested in REOs, bank owned properties or foreclosures, contact Craig, our foreclosure expert at 925-984-4910.
Here are the updated graphs with the weekly MLS data for Dubin and Pleasanton, CA.
Look at the difference in these two markets! Dublin, CA continues to be one of the most improving markets in the area in so far as Days on Market and market action go. I believe the biggest factor is the huge inventory of new homes on the market in Dublin and the downward pressure on prices being exerted by new home builders.
Pleasanton, California is mostly built out. So, the market activity in Pleasanton reflects a more seasonal pattern.
Blue = Active Listings
Green = Pending Sales
Purple = Closed Transactions
These graphs help to give you an idea of real estate market trends in the local communities. We pull the data from the MLS every Friday.
The blue line represents Active Listings and the green line Pending Sales. The wider the gap, the more the average Days on Market (DOM) increases indicating more of a buyer's market. When the green line moves on top of the blue we have a very hot seller's market.
These graphs reflect the trends for all price points. Sellers should request a breakdown for different price points so they can see where the action is in their community. This helps to price the house right to sell quickly.
We also offer a very detailed market report for most East Bay communities. The data in this report is gathered from sources other than the MLS to give you a more accurate sense of what is happening right now. Most reports you read in the newspapers or hear on TV use data that is at least a month old. The Market Details report shows you the trend as it's happening.
Get a FREE Real Estate Market Report for YOUR Community - These reports are very detailed. Click on the preceding link for a more in-depth explanation of what is in the report and to view a sample.
We are more than happy to discuss the details and significance of this data for those wanting a better understanding of how it can affect the sales process. Understanding the local real estate market trends is a must if you want to get the best fair deal whether buying or selling.
The Harper-Mees Team monitors over 50 Real Estate and News Feeds daily to bring you information pertinent to the San Ramon Valley & TriValley real estate market including the communities of Dublin and Pleasanton. We welcome suggestions.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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