San Ramon Valley Market Update

San Ramon Valley Real Estate Market Update – December 5, 2022 🏑🏑🏑

The inventory of homes has come down but the average days on market has gone up. Currently, this is a very balanced market in our area. 

Thought for Buyers: As we know, interest rates have come up since the beginning of the year, but we are seeing rates drop a bit over the past couple of weeks. Also, prices have come down making it more of a balanced market. This is a good time to buy. Not only can you get a home at a lower price but there are terms to consider in your offer like asking the seller to give you a credit to buy down your interest rate.

Thought for Sellers: The 4 most important thoughts for a seller right now is to 1) price your home correctly, 2) do inspections & seller disclosures before coming on the market, 3) have your home in “show ready” condition and 4) be open to creativity in regards to terms; maybe a credit to the buyers to buy their interest rate down or pay a years’ worth of HOA dues up front for them.

Watch this video to see the stats that reflect this within the current market in San Ramon, Dublin, Danville, Blackhawk & Alamo.

This week’s stats by city: 

San Ramon: 

– 51 ‘For Sale’ 

– 23 ‘Sale Pending’ 

– 8 ‘Sold’ 

– Average Days on Market: 35

– Average Sale vs List Price: 95% 

Dublin: 

– 58 ‘For Sale’ 

– 28 ‘Sale Pending’ 

– 12 ‘Sold’ 

– Average Days on Market: 27

– Average Sale vs List Price: 99% 

Danville: 

– 70 ‘For Sale’ 

– 25 ‘Sale Pending’ 

– 4 ‘Sold’ 

– Average Days on Market: 48

– Average Sale vs List Price: 93% 

Blackhawk: 

– 17 ‘For Sale’ 

– 7 ‘Sale Pending’ 

– 0 ‘Sold’ 

– Average Days on Market: N/A

– Average Sale vs List Price: N/A 

Alamo: 

– 22 ‘For Sale’ 

– 12 ‘Sale Pending’ 

– 2 ‘Sold’ 

– Average Days on Market: 55

– Average Sale vs List Price: 92% 

For more info anytime: 

 (925) 899-0825 

 Jason@JasonCaskie.com 

 JasonCaskie.com