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 attached homes, as is the case in surrounding markets, remained under pressure. All in all it was generally a good year as home buyer tax credits were gone and international economic pressures weighed on the latter half of the year. Always remember that all real estate is local and when you hear about what is going on nationally that may or may not be the case in San Ramon.

Have a Great 2012!