Welcome to the first day of Spring! Let's look over the Danville Real Estate Market for the first two months of 2012. Starting with the attached home segment we see that sales are similar while values are up a notch. Single Family home sales are a little under last year's pace while median pricing was slightly lower. The time to get a home into escrow has declined. Keep in mind at this point in the year the data samples are small. We should get a better idea of the market when I post the full first quarter stats in … [Read more...]
Danville’s January Real Estate Update
Housing in Danville kicked off January with a slight decrease in sales as compared to a year ago. The median price of single family homes held steady while there was an increase in the attached home segment. Since this is a cumulative report beginning this month it is difficult to draw any conclusions as the sample of data used is small. As the first quarter comes to a close we will begin to see a trend of how housing will perform in Danville this year. Do you have specific questions about real estate in Danville? … [Read more...]
Walnut Creek Real Estate in 2011
So just how did the Walnut Creek Real Estate Market perform in 2011? Well the answers are below. Sales were robust compared to 2010 for both single family homes as well as attached dwellings. Good news considering that there was limited home buyer tax credits available. In addition, the time that it took to get a home into escrow increased slightly but it was still less than sixty days on average which is very good. The downside came in the median home prices. There was downward pressure on both market segments … [Read more...]
2011 Real Estate Review for San Ramon
2011 is behind us and here is a look at how the San Ramon Real Estate Market performed compared to 2010. We can see that both the single family home component as well as condominiums and townhouses enjoyed gains in unit sales over the prior year. The time to get a home into escrow increased slightly from 2010 but is still very good at just over forty days. The divergence comes in the median home price. Single family homes showed a modest decrease at just over two and a half percent while the median price of … [Read more...]
2011 Blackhawk Year End Real Estate Review
2012 is here and it is time to put 2011 behind us. But before we do here is the Blackhawk Real Estate performance snapshot for 2011. Slightly fewer homes sold in Blackhawk compared with 201o but the good news is that the median price increased a little over 4% on a year over year basis. The time it took to get a home into contract in 2011 was very similar to 2010 at just under three months. The Patio & Town Home market, like many in the area, struggled with declining values. All The Best in 2012! … [Read more...]
Danville Real Estate Review thru November
2011 is coming to an end and the real estate market in Danville is closing things out much the same as it did last year. Home sales have risen almost six percent and the median home price has held steady declining to $820,000 from $849,000. The time it takes to find a buyer is still excellent at just 44 days on average. The number of sales of townhouses and condos has dropped which the opposite of surrounding cities but the price decline is much less severe. Always remember all real estate is local and each and … [Read more...]
San Ramon Real Estate Review thru November
November is in the books for the San Ramon real estate market and things are looking very similar to last year. 609 homes have sold in 2011 versus 605 in 2010. Median home prices have come down a tiny fraction while the time to find a buyer has risen from an average of thirty-one to forty-three days. Attached home sales have risen nicely but like many surrounding communities the pricing has come down. The time it takes to sell a condo or townhouse is pretty much the same as single family homes. We will see how the … [Read more...]
Walnut Creek 2011 Real Estate Review thru November
Walnut Creek real estate has been steadily moving forward compared to last year. A rise in the number of home sales has been good news. Median home prices have been under pressure but the marketing time to get a home sold has been less than a month and a half on average. Condos and townhouses have seen a dramatic increase in sales which have risen over fifteen percent. As with many of the surrounding communities median pricing has taken a hit but marketing times are still good. Remember all real estate is local so … [Read more...]
Alamo 2011 Real Estate Review thru November
The first eleven months of 2011 have come and gone and the Alamo real estate market has rolled along. While we have seen a decrease in the number of homes sold versus last year it is nice to see that pricing is holding steady. The median single family home price is hovering around $1,100,000. Marketing times have also held steady with it taking right at two months for a home to find a buyer. The attached home segment of Alamo is small and has shown the same strain concerning value as the surrounding communities of … [Read more...]
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