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Local Market Statistic Recap
Dated: January 31 2013
December is usually slower due to the holidays but slow would be a big understatement. Homeowners continue to see values rise as buyers see a severe shortage of available housing.
San Ramon had 37 homes for sale and 64 closed sales, which is -79% and -44% respectively less than last year. The median detached home value is up 16.8% to $730,100 compared to December of Last year.
Danville had 42 homes for sale and 57 closed sales, which is -74% and -16% less than last year. The median detached home value is up 19.7% to $927,500 from this time last year.
Dublin had 27 homes for sale and 59 closed sales. Inventory is down 73% as closed sale are up 1%. The median detached home value is up 1% to $570,000 and Townhouse/Condo values are up 9% to $345,000.
If you have any questions or would like more information on other cities, we would be happy to assist you.
Information was provide by CCAR and BayEast.
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