San Ramon & Danville California Foreclosure & Short Sale Trends

Foreclosure Update – Danville & San Ramon, CA

Foreclosure properties are sitting on the market longer in both Danville and San Ramon, California.

It’s no surprise that San Ramon has a more active foreclosure market than Danville. The lower price point in San Ramon is more attractive to investors. In fact, we saw several successful quick flips in San Ramon this past summer.

Weakening demand and high inventories of unsold homes could put renewed pressure on home prices in San Ramon and Danville this summer. Homebuyers anticipating further price drops may stay on the fence until several months of data accumulates showing more stabilization or increase of value with home prices – thus, missing out on a stronger bargaining position or their home of choice.

Foreclosure cancellations (Nov. ’10 vs. Nov. ’09)

  • Danville
    • 94506 = +400%
    • 94526 = -44.44%
  • San Ramon
    • 94582 = +71.43%
    • 94583 = -14.83%

Foreclosures sold to third parties (Nov. ’10 vs. Nov. ’09)

  • Danville
    • 94506 = 0.0%
    • 94526 = -0.0%
  • San Ramon
    • 94582 = -60.0%
    • 94583 = -100.0%

Foreclosures back to the bank (REOs) (Nov. ’10 vs. Nov. ’09)

  • Danville
    • 94506 = – 33.33%
    • 94526 = +25.0%
  • San Ramon
    • 94582 = -50.0%
    • 94583 = -20.0%

With Danville’s higher home prices, fewer investors are looking for investment opportunities there.

Foreclosure (REO) inventory (Nov. ’10 vs. Nov. ’09)

  • Danville
    • 94506 = – 25.0%
    • 94526 = +147.620%
  • San Ramon
    • 94582 = +21.74%
    • 94583 = +27.27%

Contra Costa County Nov. 2010 vs. 2009

  • Pending sales up for condos & townhomes
  • Pending Sales down for detached homes
  • Active listings for condos & townhomes up over 30%
  • Active listings for detached homes up over 22%

Average Sales Price for Homes (Nov. 2010 vs Nov. 2009)

  • Danville
    • Detached Homes $840,000 +1.8%
    • Condos $437,182 +11.6%
    • Pending sales ( detached +36.4% / -43.8% condo/townhome)
    • Percent of original list price received at sale ( -2.4% detached / -0.8% condo/townhome)
    • Inventory of homes for sale (detached +11.6% / condo/townhome +5.4%)
    • Average days on market ( detached +30% / condo/townhome -30.2%)
  • San Ramon
    • Detached Homes $773,000 +10.8%
    • Condos $367,855 -12.46%
    • Pending sales ( detached +45% / +39.3% condo/townhome)
    • Percent of original list price received at sale ( -1.1% detached / -5.2% condo/townhome)
    • Inventory of homes for sale (detached +36.1% / condo/townhome +4.9%)
    • Average days on market ( detached +36% / condo/townhome +47.7%

Foreclosures in the bottom half of the market continue to influence3 price differentiations. The median price for a detached home is up almost 8% while the median price for a condo is down -14.3% over a year ago.

As always, population growth and housing need will once again drive California home prices up, but it will be 2013 or beyond before we begin to see this happen.

With foreclosures and short sales accounting for a significant portion of the homes sold in San Ramon & Danville, California, it behooves the homebuyer or homeseller to work with a professional REALTOR that is experienced with short sales and foreclosures. The Harper Team has the experience to help you with purchase or sale of your home, whether it is a short sale situation, a foreclosure or a conventional sale.

Click here for a map of current Homes for Sale
San Ramon &Danville, CA

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Our FREE Hyper-Local Real Estate Market Reports for Danville and San Ramon, CA are the best source of housing market data you can get for Danville home sales.

Email Craig if you would like to know more about buying or selling a home or condo in San Ramon or Danville California or call (925) 984-4910

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Danville Homes for Sale – Crow Canyon Country Club – Dec ’10

Crow Canyon Country Club Homes for Sale in Danville California

Homes for Sale in Crow Canyon Country Club, Danville, California on October 24, 2010

Crow Canyon Country Club is a gated community with 24/7 security service and a great place to live for young and old. It offers mature landscaping, including greenbelts and the golf-course; there are multiple swimming pools and a driving range.

Here’s the breakdown of recent MLS Activity for homes for sale in Danville CA Crow Canyon Country Club:

  • 6 Active Listings (Homes for Sale in Crow Canyon Country Club)
    • 2 Detached Homes
    • 4 Condos/Townhomes
  • 5 Homes show sale pending
  • 3 Homes show sold in the last month

The asking price on the homes for sale in Crow Canyon Country Club range from $369,950 to $670,000. One home has a price reduction from $679K to $670K.

Three of the homes for sale are potential short sales. There are no foreclosures (REOs) showing up for Crow Canyon Country Club on the MLS at this time.

CCCC is part of the San Ramon Valley Unified School District; close by are Greenbrook Elementary School and Charlotte Wood Middle School. It is located close by I-680, shopping and the Iron Horse Trail.

With great views of Mount Diablo, Crow Canyon Country Club is a family oriented Club with activities scheduled for the entire family. There is an 18-hole golf course, 13 lighted tennis courts; a junior Olympic size swimming pool heated year-round, a state-of-the-art fitness center, an aerobics center, fine dining, a casual dining bar and grill, and a child care center.

If you have children who love to swim the Crow Canyon Country Club swim team, the Sea Lions is the club to be in.

Search MLS – Homes for Sale
Crow Canyon Country Club

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Our FREE In-Depth, Hyper-Local Danville CA Real Estate Reports are the best sources of data you can get for he Danville housing market.

Email Craig if you would like to know more about buying or selling a home or condo in Danville, California or call (925) 984-4910

Dublin CA Homes for Sale – Hansen Hill – Dec ’10

Hansen Hill Homes for Sale – Dublin California

homes for sale dublin californiaCurrently there are 178 Active Listings on the MLS – Homes for Sale in Dublin CA.

Here are the current stats for homes for sale in Hansen Hill:

  • 1 Active Listing (Home for Sale in Hansen Hill – Dublin CA) – it’s a potential short sale priced at $740,000 (3/3)
  • 1 Hansen Hill home has sold in the last 30 days
  • 4 Homes are showing sale pending

The Hansen Hill Home Owners Association fee is only $78 per month which will take care of the greenbelt.

Testimonial from Hansen Hill clients in Dublin CA

Hansen Hill in Dublin CA is close by I-580 and I-680, schools, shopping (Stoneridge Mall) and theaters. BART and the several business parks can be reached within 15 minutes. Silicon Valley and San Francisco are approximately 45 minutes away.

You can see all of the homes for sale in Dublin CA below.

Search the MLS for Homes for Sale
Hansen Hill

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Our FREE Local Real Estate Market Reports for Dublin California, are the best sources of data you can get for your local Dublin CA housing market.

Email Craig if you would like to know more about buying or selling a home or condo in Dublin California or call (925) 984-4910

Homes for Sale – Windemere – San Ramon CA – Dec 2010

San Ramon Homes For Sale in Windemere

Lots of activity in the popular community of Windemere in San Ramon, California.

Here’s the breakdown of recent MLS Activity for homes for sale in San Ramon CA – Windemere:

  • Windemere San Ramon CA21 Active Listings (Homes for Sale)
    • 8 Townhomes
    • 13 Detached Homes for Sale In Windemere
    • 1 Home is back on the market
    • 1 Home for Sale in Windemere has a price change of -$20K
  • 43 Homes show pending sale in Windemere
  • 19 Home shows sold in the last month

The MLS is showing 6 potential short sales and 2 REOs (bank owned foreclosures) in Windemere (San Ramon, California).

The asking price on the homes for sale in Windemere range from $599,000 to $1,199,900

If you are thinking of moving up or if you are for instance planning to move from the South Bay, San Jose or Fremont, now is the time to buy; there are some great opportunities to buy a newer, large home in a superb community with top awarded schools.

Windemere in San Ramon is one of the largest new residential communities in the Bay Area tucked away in the scenic San Ramon Valley with views of Mount Diablo. Windemere has easy connections to wherever you need to be throughout the Bay Area; the community enjoys convenient access to I-680 via Bollinger Canyon Road and to I-580 via Dougherty Road. Bishop Ranch Business Park, Hacienda Business Park and the Dublin/Pleasanton BART station are all close by.

Windemere has been designed to allow people to have opportunities to play, socialize, learn and explore. Amenities like neighborhoods, schools, libraries, parks, trails and open space are being completed in concert with the new home neighborhoods. All brand new schools are part of the San Ramon Unified School. Close by in The Bridges there is a 73-par Bridges Golf Course designed by Johnny Miller with beautiful views of Mount Diablo. Recently the latest addition was opened; The Plaza at Gale Ranch with numerous stores, restaurants, banks, Peet’s Coffee and the Safeway supermarket and gas station. For people interested in culture the Dougherty Library and Theater offers a wide variety of cultural events.

Search the MLS for Homes for Sale
Windemere

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Our FREE San Ramon Real Estate Market Reports are the best source of local real estate data you can get for your local market.

Email Craig if you would like to know more about buying or selling a home or condo in San Ramon, CA (925) 984-4910.

Danville – San Ramon CA Housing Inventory

Inventory of Homes for Sale – Danville, San Ramon, East Bay California

November 2010 Months of Inventory for the twenty-seven communities measured was 3.14 and surprisingly this is exactly the same as we had last month, October. Compared to October 2010 active listings were up 8.6% and pending sales were also up 8.4%.

November 2010 active listings were up 64.0% and pending sales were up 1% compared to November 2009. Months of Inventory this year was up 63% when it was only 1.93 in November 2009. At 3.14 we still have low inventory for buyers to chose from.

As should be expected the Months of Inventory in the lower prices areas are less than in the higher priced areas.

Months of Inventory 11/30/2010
Community # of Active Pending Sales Inventory
Danville 195 47 4.15
Alamo 88 13 6.77
Walnut Creek 235 62 3.79
San Ramon 212 94 2.26
AVERAGE 183 54 3.39
Dublin 181 63 2.87
Pleasanton 192 57 3.37
Livermore 251 101 2.49
AVERAGE 208 74 2.81
Blackhawk 45 9 5.00
Diablo 8 1 8.00
AVERAGE 27 5 5.40
Concord 473 144 3.28
Pleasant Hill 137 36 3.81
Martinez 179 67 2.67
Clayton 59 11 5.36
Rossmoor 167 25 6.68
AVERAGE 203 57 3.56
Lafayette 76 19 4.00
Orinda 57 28 2.04
Moraga 56 11 5.09
AVERAGE 63 19 3.32
Pittsburg 234 103 2.27
Antioch 432 173 2.50
Brentwood 203 107 1.90
Oakley 146 62 2.35
AVERAGE 254 111 2.29
Castro Valley 152 42 3.62
Fremont 537 178 3.02
Hayward 485 161 3.01
San Leandro 261 71 3.68
San Lorenzo 68 30 2.27
Oakland 1121 278 4.03
AVERAGE 437 127 3.44
Total (not incl. avgs) 6250 1993 3.14
Average 232 74 3.14

Search the MLS Homes for Sale
Danville – San Ramon – East Bay

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FREE In-Depth Real Estate Market Reports for Danville, Dublin, San Ramon, East Bay, CA. These are the best source of data you can get for your local market.

Email Craig if you would like to know more about buying or selling a home or condo in the East Bay or call (925) 984-4910