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.
