This is post 12 in our 50-post hunger blogathon. So far I’ve been a bit busy writing — and trying to take care of my real estate clients at the same time — so I haven’t had a lot of time to tell folks about this blogathon.
That’s probably the wrong way to get the word out. I may end up being my only sponsor.
Oh well, at least it’s an excuse to get some good articles published.
Meantime, San Ramon’s real estate market is doing quite well indeed in spite of the slowdown elsewere. Unit volume at seventy-seven sold units in May was comparable to last year’s seventy-nine sold units. With only twelve listings expiriing versus last year’s thirteen, it’s frankly difficult to see how San Ramon’s inventory ever crept up to almost five months, where it stands now.
On the flip side, appreciation was fairly flat in San Ramon over the last year. Adjusted for square footage, prices appreciated only .7% from May to May.
The average home that sold in May of 2006 listed for $891,346 and sold for 98% of list, at 877,324, after 19 days on market. The median sale price was $818,000.