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Closed sales of single family detached homes dropped for the second consecutive month in San Ramon. There were 37 closed sales in October, down 8 from 45 in September. October’s sales were also lower than the 45 we had in October 2010. The median sales price fell from $725,000 in September to $710,000 in October. The median price per square foot decreased to $288 from $298 in September.
October’s closed sales were on the market for 51 days, down from 56 days for September’s closings. The sales price as a percentage of the list price was virtually unchanged at about 98%. 30% of October’s sales were distressed (short sale or REO), compared to 24% in September. Two sales were for more than $1 million (5.4%).
The neighborhoods of Windemere, The Bridges, and Twin Creeks all had strong activity in October
Here is a list of all closed home sales in San Ramon in October:
San Ramon Home Sales September 2011