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The SAN RAMON Real Estate Market

Previous months figures shown in parentheses	Detached Single Family Homes	Condominiums, Town homes, others
New Listings	76(102)	32(44)
New Sales Agreed	100(73)	45(38)
Closed Sales	48(27)	20(15)
Median Price (Closed Sales)	$693,000 ($705,000)	$327,300 ($449,900)
Average Days on Market (Closed Sales)	45(58)	78(68)

At the beginning of May, 2009, there were 188 detached single family homes for sale in San Ramon (compared with 246 a month ago) and 75 condos and town homes etc. against 97 a month ago.
     Just look at thes numbers! Sure, we see a reduction in the median price this month (although that is after 3 straight months of gains, so it may be just a correction). The volume is what is really encouraging.
     There are only 188 single family homes for sale in San Ramon. Considering that 100 sales were agreed last month, that represents less than 2 months inventory. This would normally be indicative of a strong sellers' market! The condo market is not moving quite so fast, but even here, there is only 3.75 months supply.
      So are you thinking about making a move now? If you price your home realistically (or dare I say "aggressively"?), you probably have a better chance of achieving a quick sale than you have had in months.

San Ramon real estate has historically proven to be one of the best investments in the San Francisco East Bay. This is the premier web site for buyers and sellers of residential San Ramon real estate. Here you can search the MLS, sign up for free Listing Alerts and learn about our communities and award winning schools.

San Ramon Real Estate Costs

San Ramon homes are as varied as Condominiums and Castles. Entry level homes start below $200,000 (condominiums) while there is still lots of choice in the $1-2 million price range. San Ramon Real Estate has seen continued growth from the 1970s up to the present day. Most recently, Shappell, Lennar Homes and others have begun to build hundreds of San Ramon homes for the 21st Century in Gale Ranch and Windemere.

San Ramon is a well-established family oriented community situated in Central Contra Costa County towards the South end of the San Ramon Valley. Residents typically commute to San Francisco and San Jose (and beyond) as well as to many other cities in the East Bay such as Walnut Creek and Concord. The San Ramon Valley runs North-South from Martinez to San Ramon along highway 680 and the largest community here is Walnut Creek, which is situated by the junction with Highway 24, approximately mid-way down the valley. To put San Ramon real estate prices into perspective, homes here cost rather less than Danville and Blackhawk, more than those in Dublin, San Ramon's neighbor to the south and considerably more than the communities at the North end of the valley.

San Ramon Real Estate History

The older part of San Ramon is at the South side, adjacent to the border with Dublin. Here can be found some of the more affordable single family homes in the area with prices starting below $600,000. This area has improved considerably in recent years as many people have improved and remodeled homes here to a very high standard.

Moving North, the homes become more expensive. One of the notable developments here is Twin Creeks, built in the 1970s by Dame, a prolific local developer. Twin Creeks homes are very varied from small condominiums through 1 and 2 story (and tri-level) 3 and 4 bedroom homes to substantial 2 story, 5 bedroom homes with 3 car garages, often on large lots.

The 1980s saw a boom in San Ramon real estate with numerous developments, large and small being constructed. Canyon Lakes (one of the few gated communities here), Country View, Vista San Ramon and Canyon Creek are just a few of these. Then later, Shappell homes broke ground in Gale Ranch, a well planned community of several neighborhoods where homes continue to be built to this day. Detached homes here start around $600,000 but one can easily pay over $1.5 million.

The most recent major development in San Ramon is Windemere, a master planned community on the east side of San Ramon beyond Gale Ranch. Work here began in 2001 and the neighborhoods are almost complete. In addition to developments by a number of home-builders such as Centex and Lennar, Windemere has numerous parks, trails, schools, a library, community center performing arts center and much more. Note that property taxes are higher in Windemere. The money for all of this infrastructure has to come from somewhere!

Real estate prices in San Ramon are driven by a number of factors. Primarily though, the popularity of the area with families is explained by the high standard of schools at all levels. This really is a desirable place to live with low crime and a high level of social awareness. Without doubt, San Ramon is a great place to raise your family.

As you will have realized by now, I know San Ramon very well and think highly of it. I live in the community and I am very much part of it. Whether you are looking to buy or sell a one bedroom condo or a $3million estate, when I work as your agent, I guarantee to provide you with the highest possible level of personal service. I am tech savvy and very responsive. You will always find me easy to contact and whenever you call me, you will get to talk to me, not an assistant. I am totally committed to doing everything I can to exceed your expectations.

If you are thinking of selling, I would love to show you my Marketing Program which is designed to get you the best price for your home in the shortest possible time. If you are thinking about buying a home anywhere in or around San Ramon, please sign up for my Free Homes By Email Service to get details of homes for sale sent to you by email as soon as they come on to the market.

Phone (Direct/Cell): (925) 997-1585
Email: Bernard@BernardGibbons.com

Featured San Ramon Neighborhoods
These are just a few of the San Ramon neighborhoods. I plan to add more soon. If you have questions related to living in San Ramon or if you would like information about any neighborhood that you don't see listed, please contact me by email or call me any time on (925) 997-1585 and I will be happy to provide you with all the information you want. I have the answers to all of your questions.	Click Here for an overview of communities around San Ramon including Danville, Blackhawk, Alamo and Walnut Creek
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