The Blackhawk Country Club real estate market has started off 2012 in a very similar fashion to 2011. Twenty four homes sold in the first three months of this year versus 23 last year. Median home values have remained stable at $1,000,000 and marketing times have declined a bit. One thing I can say is that the attitude and activity seems more robust over last year even though the numbers are very similar. As with many of the surrounding communities inventory remains an issue and homes in excellent conditions,which … [Read more...]
February Real Estate Review for San Ramon
Spring is in the air and the home buyers are out in San Ramon. Let's review the San Ramon Real Estate Market first two months of 2012 versus the same period of 2011. The pace of single family home sales is very similar to 2011 and we have seen a slight "pop" in median price. The real standout is the dramatic increase in attached home sales. In both segments we have seen a decline in the time it takes to get a home into escrow. Things are busy out there right now and we are seeing a lot of multiple offer scenarios … [Read more...]
Danville’s February Real Estate Update
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...]
Blackhawk Country Club Real Estate Update for February
We are moving toward the end of the first quarter so let's take a look at how the Blackhawk Real Estate Market performed for the first two months of this year versus 2011. As you can see the number of homes sold has dropped off from last year and pricing has increased slightly. It is tough to make any conclusions at this point in the year as the data sample for Blackhawk Country Club is small but what I am hearing is echoing many of the local markets....inventory is lacking. Stay tuned for the full first quarter … [Read more...]
The Walnut Creek Real Estate Market in January
Here's a look at how Walnut Creek real estate finished January. In both the single family and attached home segments we see that unit sales are up. Single family home sales have remained consistent in median price as well as the time it takes to get one into escrow. The attached homes market has seen marketing times decline and a higher quantity of sales at the lower end which has been a drag on median price. It is too early in the year to make any snap judgment as the data is small. These reports will become more … [Read more...]
January Real Estate Review for San Ramon
As February, and a leap year one to boot, comes to a close let's look at what happened in the San Ramon real estate market in January. Although fewer single family homes sold in January versus a year ago pricing remains flat and the time to get a home into escrow has fallen. The attached home market started the year off with a bang in number of units sold but these were predominately on the lower end which has brought the median price down. As with the single family segment marketing times have come down. At this … [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...]
January Real Estate Update for Blackhawk Country Club
One thing can be said about the real estate market in Blackhawk Country Club right now...there is just not a lot of inventory. I talk with folks on a weekly basis who are interested in moving up but just cannot really find something that strikes their fancy right now. Let's hope that as we move into Spring we will see an uptick in the number and types of homes available for sale. Following are the numbers for January home sales in Blackhawk in 2012 versus the first month of last year. Do you have specific questions … [Read more...]
Alamo’s January Real Estate Update
Well it's time again to start another year and take a look at how real estate in Alamo is performing versus the year gone by. At this point the data is thin so it is difficult to draw any lasting conclusions as to the direction of the 2012 market. As we go through the next few months we will get a pretty good idea of the health of local housing. One thing is for certain: Alamo has experienced a nice jump in activity at the higher end with several homes over $2,000,000 finding buyers including one at … [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...]
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