San Ramon Valley Real Estate Market Update – January 5, 2023 🏑🏑🏑

Happy New Year everyone!!!

The inventory of homes has come way way!!! 

Thought for Buyers: As we know, interest rates have come up, 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: 

– 35 ‘For Sale’ 

– 16 ‘Sale Pending’ 

– 4  ‘Sold’ 

– Average Days on Market: 53

– Average Sale vs List Price: 97% 

Dublin: 

– 58 ‘For Sale’ 

– 28 ‘Sale Pending’ 

– 12 ‘Sold’ 

– Average Days on Market: 27

– Average Sale vs List Price: 95% 

Danville: 

– 48 ‘For Sale’ 

– 13 ‘Sale Pending’ 

– 4 ‘Sold’ 

– Average Days on Market: 34

– Average Sale vs List Price: 95% 

Blackhawk: 

– 7 ‘For Sale’ 

– 4 ‘Sale Pending’ 

– 2 ‘Sold’ 

– Average Days on Market: 18

– Average Sale vs List Price: 98% 

Alamo: 

– 18 ‘For Sale’ 

– 6 ‘Sale Pending’ 

– 0 ‘Sold’ 

– Average Days on Market: N/A

– Average Sale vs List Price: N/A% 

For more info anytime: 

 (925) 899-0825 

 Jason@JasonCaskie.com