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The San Ramon real estate market saw a slight drop in closed home sales in August, with 57 closed single family homes, compared to 59 in July. The median sales price for San Ramon fell significantly, to $725,000 from $835,000 in July. The median price per square foot increased somewhat to $308 in August from $301 in July.
August’s closed sales were on the market for an average of 30 days, down from 33 in July. On average, homes sold for just over 99% of the asking price, virtually unchanged from July. 26% of the closed sales were distressed, either short sales or bank owned properties, down from 29% in July. 7 of the 57 home sales, or 12%, were over $1 million.
The Windemere neighborhood had a very active month, with 15 of the 57 closed sales in August. The neighborhoods of Gale Ranch, Norris Canyon Estates, and Bent Creek also showed strong activity in August.
Here is a list of all closed home sales in San Ramon in August:
San Ramon Home Sales Aug 2010