Closed sales of single family detached homes fell in San Ramon during June, reversing a four month trend of increases. There were 76 such sales during June, down from 80 in May, a 5% drop. That’s still more sales than in June 2011, when there were 71.
The median sales price fell by $10,000 in June to $707,500 from $717,500 in May, a 1.4% decline. June’s median sales price was also lower than a year ago, when it was $737,000. On the other hand, the median price per square foot increased 6% to $313 from $295 in May. That is also higher than June 2011, which was $299 per square foot. 10 homes sold for more than $1 million in June, up one from May.
June’s sales closed in 27 days, down from34 for May’s sales, which was already a very low number. 24% of June’s sales were distressed (short sale or REO), down from 26% in May. The median age of June’s closed sales was 19 years, down from 18 in May.
Here is a list of all closed home sales in San Ramon in June: