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.
The neighborhoods of Gale Ranch, Windemere, and Twin Creeks all saw strong activity in June.
Here is a list of all closed home sales in San Ramon in June:
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