Months of Inventory for San Ramon, Danville, Pleasanton, Dublin…

Months of Inventory remains at consistently low levels, 1.71 for February 2010 compared to 5.37 last February.  It has been below 2.00 every month back to April 2009.

Where is the abundance of inventory of homes for sale? It certainly isn’t in our area in the twenty-seven communities measured.  The same market influences that exist today in keeping the inventory of homes for sale low have been  in play for the past year.  They most likely will continue into the near future.

Months of Inventory levels:

• Jan. 09     =   5.81
• Feb 09      =   5.37
• Mar. 09    =   2.79
• April 09   =   1.99
• May 09     =   1.96
• June 09    =   1.46
• July 09     =   1.77
• Aug. 09    =   1.73
• Sept. 09   =   1.76
• Oct. 09     =   1.69
• Nov. 09   =   1.93
• Dec. 09    =   1.91
• Mid-Feb. 2010       =   1.64
• Feb 2010 to date   =   1.71

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Email John if you would like to know more about buying or selling a home or condo in Dublin California or call (925) 895-2694

Spectacular Panoramic Valley Views in Dublin California

8365 Creekside Drive, Dublin, CA

Spacious 4 BR 3 BA w/ 2743 sq ft of living space on 14,025 sq ft lot. 1BR & full BA down.

Offered at $849,000

Soaring ceilings & abundant windows fill the home w/light and views from almost every area of the home. Luxurious master suite w/cozy retreat, private dressing area, vaulted ceilings, jetted tub & separate shower.

The home has been immaculately cared for and is in top condition. If you’re looking for luxury, peaceful serenity and breath-taking views, you won’t want to miss this one. 8365 Creekside Drive was beautifully staged by Carthy Lee of CLDesign Services in Danville, CA.

The home is conveniently located near I-680 and I-580 yet far enough away not to be bothered by traffic noise. Also within a short distance to Stoneridge Mall, other shops and restaurants and the soon to be open new BART station.

Search the MLS for Homes for Sale

Search for Foreclosures in Contra Costa County East

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Our FREE In-Depth Real Estate Market Reports updated weekly, break real estate data down by zip code and price point. These are the best “real time” sources of data you can get for your local market.

Email John if you would like to know more about buying or selling a home or condo in Dublin California or call (925) 895-2694

Gorgeous Greenbrook Remodeled Home for Sale – Danville California

1548 Harlan Drive
Danville, CA 94526

Offered at $879,000

This 4 bedroom 2 ½ bath, 2200 sq ft home is not your traditional Greenbrook rancher. Previous owners remodeled (with permits) home to include vaulted ceilings with recessed lighting, Brazilian cherry floors, Travertine stone floors, a gourmet kitchen with granite farm sink, 9 foot island, wine frig, cherry cabinets with stainless appliances and granite slab counters.

The home has been tastefully decorated throughout to include custom paint, mounted wall fountain, over-sized moldings, baseboards & crown, built in music, a mounted plasma TV with surround sound, gas fireplace with custom mantle,  and beautifully updated bathrooms with all new fixtures, granite slab, cherry cabinets, custom glass enclosures including a master bath steam shower.

The beautifully landscaped Danville home (9222 sq ft lot) includes flagstone patios & walkways, a refurbished dark bottom pool, built-in barbeque and granite slab outdoor kitchen and so much more. If you like to entertain, allow your kids to walk to award-winning K-8 schools, the Iron Horse trail, Greenbrook HOA and be conveniently located near Park & Ride and I680-this is the home for you! Join the ranks of families enjoying Danville living in the Greenbrook neighborhood.

This home was beautifully staged by Cathy Lee of CLDesign Services in Danville, CA. Hugo Santana and his crew did an awesome job of cleaning the house and windows and Demien Lucero of Get Spotless cleaned the carpets. We highly recommend these power partners of ours.

Map of Homes for Sale in Greenbrook – Danville, CA

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Our FREE In-Depth Real Estate Market Reports updated weekly, break Danville California real estate data down by zip code and price point. These are the best “real time” sources of data you can get for your local market.

Email John if you would like to know more about buying or selling a home or condo in Danville, CA (925) 895-2694

Homes for Sale – Spring Sales Cycle Building

More homes for sale are beginning to hit the market in Danville, San Ramon, Dublin, Pleasanton and surrounding areas. The number of homes on the REALTOR tour sheet last week in Danville and San Ramon was up 33% from the previous week. This seems to be true for the Dublin/Pleasanton tour also.

We have new listings coming on this week in both Danville (Greenbrook) and Dublin (Creekside). This is a great time for sellers to get their homes on the market – at the beginning of the Spring home selling cycle.

Homeowners that wait too long to list their homes for sale this year run a risk of being caught in the middle of a shrinking buyer pool as mortgage rates are expected to rise by May/June and this will put many buyers back on the fence. It may take three to 6 months for many buyers to realize that the days of 5% interest rates are gone for good.

Homesellers caught in this dynamic will be wishing they had listed their home earlier in the year and negotiated a longer closing date to accommodate their time schedule needs. Also, people relocating to the area are already beginning to contact us and other real estate agents to make preparations for moving when the kids get out of school.

If you are thinking of selling your home this year, gives us a call to discuss the “realities” of the current market in your neighborhood.

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Our FREE In-Depth East Bay Real Estate Market Reports updated weekly, break real estate data down by zip code and price point. These are the best “real time” sources of data you can get for your local market.

Email John if you would like to know more about buying or selling a home or condo in Danville, CA (925) 895-2694

Mid-February East Bay Housing Market Report

Inventory continues to be tight and as of today there is an average of  1.64 months of inventory now compared to 1.91 on 12/31/09 for the twenty-seven communities measured, a 15% decrease.

Eight communities increased and nineteen decreased with active listings  up 16% and pending sales up 35%.  Last year on 1/31/09 there were 5.81 months of inventory and on 2/28/09 there were 5.37 months of inventory.

With the historically low interest rates of around 5.0%, value pricing, and the government incentives for first time buyers and repeat buyers that end April 31th are most likely the main factors driving the market.

Foreclosures and Short Sales are still an important part of the market in the lower priced communities and the inland communities, but they are less of a factor than they were in previous months.  The uncertainty of how many Foreclosures and Short Sales will still be coming un the market compared to last year is also a factor buyer’s are taking into consideration.

Apparently there is still a substantial number distressed properties that will be coming on the market in future months. Now is certainly an excellent time to purchase real estate because of the information listed above.  Interest rates most likely will be trending up in future months so now is the time for your buyers to lock in a low interest rate thirty-year loan.

Search the MLS for Homes for Sale

Search for Foreclosures in Contra Costa County East

Search for Foreclosures I-680 Corridor

Our FREE In-Depth Real Estate Market Reports updated weekly, break real estate data down by zip code and price point. These are the best “real time” sources of data you can get for your local market.

Email John if you would like to know more about buying or selling a home or condo in California’s East Bay or call (925) 895-2694