August 2009

The real estate market in Danville has seen its share of heartbreak over the last two to three years but the has faired much better than most.

The amount of availabale inventory for single family detached homes in Danville has remained fairly constant over the last year. And while prices have dropped the number of people wanting to purchase homes here has not. What we are finding is that Danville is a destination point for people moving to the Bay Area of California. The quaint downtown, the higher rated San Ramon Valley Schools, and an abundance of open space has created one of the most desireable places to live in California. Danville also has excellent programs for children which include nationally competitive sports programs in Soccer, Baseball, and Football.

The Danville Real Estate Market

The homes within Danville vary in price from the low $500,000 to well over $10,000,000. The community of Blackhawk offer gated golf course living with custom homes ranging in size from 2000 sq. ft. on up to 30,000 sq. ft. The golf course hamlet of Diablo offers an historic setting with homes being built in the early 1900. Diablo is one of the most expensive zip codes in the United States.

The Westside of Danville

The Westside of Danville is one the most highly desirable locations within the Town. The abilty to be within walking distance of the downtown shops, , restraunts, and events, in addition to the large lots and ranch style homes has made this area the place to be.

Please send me a post if you would like to comment or ask any questions about this special place.

The San Ramon Real Estate market has switched from the lulls of 2007 and 2008.

The current amount of available inventory for single family detached homes in San Ramon has dropped to two weeks. It is amazing how quickly this once stagnant market has turned. There are several reason for the turn around, not the least of which is a significant reduction in sales and list prices, low interest rates, and the small amount of new listings coming on the market. Unlike Danville where the high end is suffering, all segments of the San Ramon market are selling.  

The current San Ramon statistics are as follows:

There are 99 active listings in San Ramon with an average list price of  $955,722 with a high list of $6,950,000 and a low of $375,000. The average price per square foot is $395. The average days on market is 72 days. There are 175 pending listings in San Ramon with an average list price of $737,972. The highest priced pending was listed at $1,510,490 and the lowest at $370,000. The average price per square foot is $293 and the average days on market is 52 days.

In this video we discuss the Wheelchair Foundation and the good it does for people around the world.

The current market is experiencing ups and downs almost on a weekly basis. Just look at the media coverage regarding real estate and you’ll see what I mean. In this video blog Bob Gibbs discusses what it takes to sell your home in this new age of technological innovation and offers some key tips for assuring a successful sale.