Market Video Update September, 2016
As we approach the winter months, San Ramon real estate activities seem to cool down a bit. As compared to previous months, listings are not receiving the multiple offers we got accustomed to. In fact, we are beginning to see some price reduction on already overpriced listings; while at the same time, reasonably priced homes are still selling in timely manner consistent with somewhat normal market conditions. Â Because of market slight cooling down, home buyers have more listings to choose from and some home sellers are beginning to offer some concessions to seal the deal.
- Here is an inside quick look at market activities in the month of September:
- The number of active listings is down 5% from last year and down 11 percent from the previous month.
- The median listing sale price was at $1.16 Million
- The average market time was up 33 percent from last year
- The median listing sold price was at $977.5 k
- The number of sold listings decreased 3 percent from last year and increased 20 percent month over month
- As of today, there are 115 listings available for sale in San Ramon, 126 pending listings and 125 sold in the month of September, 2016.
Market Video Update September, 2016 is a snapshot of the current San Ramon real estate market condition, provided by Mona Koussa.
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San Ramon Market Video Update September, 2016
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