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Closed sales of single family detached homes dropped sharply in San Ramon, from 81 in August to 45 in September, a 43% decline. While that is a pretty dramatic fall off, August’s sales were abnormally high and 45 was the same number that closed in September 2010. The median sales price rose slightly to $725,000 in September from $720,000 in August. The median price per square foot decreased slightly from $300 in August to $298 in September.
September’s closed sales were on the market for 56 days, up from 46 days for August’s closings. The sales price as a percentage of the list price was virtually unchanged at about 98%. 24% of September’s sales were distressed, compared with 21% in August. Five of the closed sales, or about 11%, were homes that sold for more than $1 million.
The neighborhoods of Gale Ranch, Windemere, and Canyon Lakes all showed strong activity for the month. Gale Ranch had 10 of the 45 sales in September.
Here is a list of all closed home sales in San Ramon in September:
San Ramon Home Sales September 2011